Latest News
Social Security Misunderstandings and the Openness to Change
Reason.com contributing editor J.D. Tuccille, in a post on their website, examines one of the popular ironies facing Social Security in the 21st Century. He finds a paradox in the fact that most Americans like Social Security, but do not…
Some Social Rule Changes Could Benefit Seniors
There’s no question that the Social Security rulebook is complex. Of course, you need rules to manage a program affecting 75 million people. Still, sometimes it becomes obvious to many that there are specific directives that ought to be examined…
COLA Watch 2026…A Slight Bump Up
With recent indicators showing a slight, but apparently controlled, increase in living costs, pundits are rethinking what the January Social Security cost-of-living adjustment might be. Just a few weeks ago, 2.6% seemed to be the consensus. With the data released…
More Thoughts on the “No Tax on Social Security” Workaround
Today’s headline article encourages strategic thinking about structuring your income to take full advantage of the temporary tax benefit. So, while we’re on that theme, here’s another article exploring the importance of income management and the phase-out parameters included in…
“Sovereign Wealth Fund” Proposition Draws Criticism
The creation of “… a new investment fund that would infuse much-needed money into Social Security, while ensuring no one on Social Security or nearing retirement sees any change to the benefits whatsoever”–a proposal crafted by Senators Bill Cassidy (R-LA)…
Senate Bill S.4877 Would Buy 19 Years
Titled the “Protecting and Preserving Social Security Act,” S.4877 recently introduced by U.S. Senator Mazie K. Hirono (D-HI), would extend the full depletion of Social Security’s trust funds an additional 19 years, to 2054. The length of the extension was…
Time to think about next year’s Social Security COLA.
We’re still about two months away from an official announcement, but the media airwaves are popping with estimates of what next year’s adjustment will be. Some projections put the increase at 2.5%, others leaning toward 2.6% or 2.7%, but it’s…
Social Security Adds 13 Conditions to Compassionate Allowances List
(Source: SSA.gov) The Social Security Administration (SSA) today announced the addition of 13 new conditions to the agency’s Compassionate Allowances (CAL) list. The CAL initiative accelerates the disability application process for individuals with the most serious diseases and medical conditions…
Thoughts on Preparing Financially for Retirement
As suggested in an earlier post, seniors thinking about how they’ll survive financially in their retirement years is casting a pall on those “golden years.” And to put a finer point on the issue, an article posted by ainvest.com suggests…
Gloomy Outlook Causing Many to Rethink Retirement
With inflation and steadily rising healthcare costs in the picture, many peak-65ers appear to be hedging their plans to jump into retirement. The Alliance for Lifetime Income (ALI)’s 2025 Protected Retirement Income and Planning (PRIP) Study concludes that fear of retirement…