Latest News
Changes to Accessing Social Security In-Person Services
We are expanding appointment-based services at our local Social Security offices. By scheduling appointments, we aim to reduce wait times, streamline service delivery, and improve customer experience. Nearly 400 local offices have already moved to appointment-based service this year. These…
COLA and Your Retirement Plan
James Brumley for The Motley Fool explains the Cost of Living Adjustment. Since it does not keep pace with inflation there are other actions that can be taken to increase your retirement income picture. Taking any small steps is worth…
Will Frank Bisignano Help or Hurt Social Security?
Alessandra Malto for MarketWatch discusses whether or not President-elect Trump’s pick as Commissioner of Social Security will help the agency. On one hand, he is a successful business executive and will be running the business of Social Security so it…
What is the Average Social Security Benefit?
Selena Maranjian for The Motley Fool explains the average Social Security benefit over the years and why it is important to develop other streams of retirement income. Read here… As an example of the leading thoughts on reforming Social Security,…
Only 9 States Still tax Social Security Benefits
Stefan Walters for The Motley Fool explains that although Social Security may be subject to Federal Income Tax, there are 41 states that do not tax Social Security benefits. More states are getting rid of state income tax on Social…
New Debate on Social Security’s Trust Funds. How exactly is Social Security financed?
Lorie Konish for CNBC points out that new leadership in Washington will be taking on the dilemma of how to fix the program. Senator Mike Lee of Utah renewed questions on how the program is funded. Lee criticized the way…
Bisignano selected to head the Social Security Administration
Trump has requested Frank Bisignano to head the Social Security Administration. Frank is presently head of the Wisconsin-based payment and financial technology company Fiserv Inc. Lawrence Andrea for the Milwaukee Journal Sentinel quotes Trump as saying “”Frank is a business…
Use of Social Security Number Rules May Change
The Consumer Financial Protection Bureau (CFPB) has proposed a regulation that would stop data brokers from selling Social Security numbers and other personal information. The new rule would subject them to oversight under the Fair Credit Reporting Act (FCRA). Aliss…
Decisions Need to be Made on Social Security, Medicaid, Medicare
This article by Juliann Ventura for The Hill explores the possibility of cuts to what he calls “social welfare programs”. Democrats need to be in on the discussion regarding how to save billions of dollars. He suggests we know the…
Changes to Tax Policy can Help Shore Up Social Security
This article by Andrew Leahey for Drexel university School of Law discusses ways to make up for the Social Security shortfall. Per his prospective raising taxes on upper income earners and including investment income to expand the Social Security tax…