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The Importance of Verifying the Data SSA Has in Your Record
The Social Security Administration (SSA) maintains records of our work history, along with the earnings history and a record of the taxes you’ve paid for both retirement benefits and Medicare coverage. Using this information, SSA develops benefit data for you…
Suggestions for Reducing Social Security Spending
American Enterprise Institute senior fellow Mark J. Warshawsky, also a former Social Security Administration senior official, yesterday offered opinions on how and where President Trump and the Department of Government Efficiency (DOGE) should focus cost-saving efforts. His post, appearing on the…
5 Things Nobody Told You About Medicare
When you become eligible for Medicare, there’s a lot to learn in a short amount of time. Moreover, there’s many things that no one tells you, like when you can apply for Medicare or how much it costs. But don’t…
Another Argument for Opting Out of Social Security
The issue of breaking away from Social Security in its present form is not new. It’s been discussed repeatedly through the years and is now resurfacing as the projected full depletion of the program’s financial reserves approaches. The arguments for…
LBJ and Social Security…Again.
It’s one of those myths (or misunderstandings) that won’t go away. We’ve seen it pop up repeatedly in the past, and it seems embedded in the rumor mill that fuels so many aspects of social media. Lyndon B. Johnson, our…
Social Security warns about scams, provides scam awareness information
Source: Social Security Administration Social Security imposter scams continue to be widespread across the United States. Scammers use tactics to deceive you into providing sensitive information or money. If you receive a suspicious letter, text, email, or call, do not…
Taxation of Social Security Benefits–A Reminder of How the Process Works
The deadline for filing 2024 income tax returns is still more than two months away, but for those receiving Social Security benefits, now’s a good time for a refresher on how the taxation of those benefits is applied. A post…
The Changing Face of Retirement
For many folks, and for so many years, the thought of retirement meant leaving the stress and pressure of a workforce career behind and downshifting to a life of leisure devoid of demands and obligations. While some may still have…
Social Security Customer Service Update: Actions You Can Take Online
Facing continued staffing shortages and a growing need for improved customer contact, the Social Security Administration is making strides in its online “self-help” features. Tasks that previously were handled through on-site, in-person contact are steadily being made available for website…
Social Security’s Looming Insolvency…What to do.
The steady and accelerating depletion of Social Security’s Trust Fund reserves, as well as the impact on beneficiaries if no corrective action is taken, are frequent topics in the news these days. Consequently, many folks already receiving benefits, along with…