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You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion
While federal unfunded liabilities are important, state-level unfunded pension liabilities also pose serious obstacles. In Texas, the recent 2013 Employees Retirement System (ERS) Valuation Report outlines the funding shortages this pension system faces and there is some indication it may be unable to pay beneficiaries by…
News From The SOCIAL SECURITY ADMINISTRATION
Now Is The Time To Prepare For Tax Season: Wise taxpayers may want to take advantage of winter months indoors to prepare for tax filing season this spring. Whether you are a small business owner, a retiree, or a new parent,…
We’re entitled to reform – Abuses in disability-benefit disbursement should be stopped
Did you hear the one about the federal entitlement program that’s going broke? Not Social Security, the other one. No, not Medicare, the other one. If you’re one of the 11 million people receiving a federal disability check, then you know…
Key Lawmaker Seeks Disability Fraud Review
A top lawmaker on Thursday morning is expected to demand a top-to-bottom review of the Social Security Administration’s management structure, following a series of disability scandals that have rocked the agency and led to widespread government scrutiny. Rep. Sam Johnson (R., Texas), who…
Retirement & Social Security
IWPR is a leading national resource on women’s income security—especially the economic security of women in retirement and the possible effects of Social Security changes on women. Research from IWPR has shown the current Social Security program is a mainstay for…
Americans Rate Economy as Top Priority for Government
Americans have a distinct sense of priorities for issues facing the nation in the next year, with more saying it is extremely or very important for the president and Congress to address the economy than any other issue. Read more……
Congress Is Poised To Change Medicare Payment Policy. What Does That Mean For Patients And Doctors?
After years of legislative wrangling and last-minute patches, expectations are high among physician groups, lawmakers and Medicare beneficiaries that Congress could act this year to permanently replace the current Medicare physician payment formula. While committees in both chambers have approved…
Baby Boomers Get the Most from Social Security
By delaying their Social Security benefits, baby boomers can increase their payments, says Jeffrey Miller, a professor of economics emeritus at the University of Delaware. Workers born between 1943 and 1954 can receive full Social Security retirement benefits starting at…
Three Questions to Ask Before Taking Social Security
While there is no one single best strategy when it comes to claiming Social Security retirement benefits, a general rule would be to delay claiming benefits as long as possible. Social Security is the largest asset owned by most retiree…
Social Security: Declining Fertility Rate Threatens Finances
The Centers for Disease Control (CDC) recently released its 2012 data on births, indicating detrimental trends that could cast yet another blow to the already daunting fiscal future of Social Security. The year 2012 marked the fifth straight year of declining fertility rates…