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Do Not Let the Fear of the Social Security Trust Fund Becoming Insolvent Make Your Social Security Decision
The looming insolvency of Social Security has become front-page news daily. However, do not let this fear determine when you should start your Social Security benefits. It is true that if Congress doesn’t take action soon, Social Security recipients could…
Age 65 Is No Longer The Full Retirement Age
It is very common for someone to start their Social Security benefits at age 65. The most common reason is to pay for their Medicare Part B premiums. If your full retirement age (FRA) is 67, which it is for…
Should The Wealthy Give Up Their Social Security Benefits?
As the looming insolvency date for Social Security steadily grows closer, more and more discussions on how to keep the system paying full benefits lean toward making high-income earners pay more. Some even ask if Social Security should be income-based.…
August 2026 Social Security Payment Schedule
Social Security payments are sent out based on the day of the month you were born. If you are receiving a spousal or survivor benefit, you receive it based on your spouse’s birthday, not your own. There are currently over…
COLA for 2027 Will Be Realeased In October 2026
The estimates for the expected cost-of-living adjustment (COLA) for 2027 are running high. The current estimate is around 3.8%, a full percent higher than this year’s 2.8%. However, the actual COLA for next year won’t be known until approximately October…
Social Security Continues to Increase What You Can Do Online with a My Social Security Account
As Social Security continues to automate and requests that you create a My Social Security Account to avoid contacting them, the list of what you can do online continues to grow. Most people have been aware for quite some time…
Understanding the Net Investment Income Tax (NIIT)
Proposals to increase the Net Investment Income Tax (NIIT), instituted in 2010 under the Affordable Care Act, and to apply it as a new revenue stream in the quest to resolve the Social Security insolvency dilemma are resurfacing. The current…
Social Security Administration Marks 70th Anniversary of the Disability Insurance Program
From: SSA.gov Social Security Administration Marks 70th Anniversary of the Disability Insurance Program Baltimore, MD – The Social Security Administration (SSA) celebrates the 70th anniversary of the Social Security Disability Insurance (SSDI) program, marking the agency’s commitment to supporting Americans with…
Viewpoints on the Social Security Trust Fund Issue
Everybody has their own opinions about Social Security’s financial outlook, especially now, in the aftermath of the 2026 Trustees Report and the shortened runway to trust fund depletion. Along with those opinions, of course, come attitudes about specific elements of…
A Quick Look at Some Common Social Security Misunderstandings
Public perception of Social Security’s looming financial problems continues to grow, and it becomes increasingly important to understand how the program actually works. Through the years, many myths and misinterpretations have developed about everyday aspects of the program, some from…