Fixing Social Security will leave a lot of people unhappy

According to the most recent Trustees Report, the OASI trust fund is expected to exhaust its reserves by the end of 2032. At that time, if government officials do not act, Social Security recipients could face a 22 percent benefit…

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Raising the Taxable Maximum Won’t Save Social Security

On June 9, the Social Security Administration released its annual trustees report, which found that America’s most important support program for seniors is facing an accelerating insolvency crisis. The report specifically noted a three-month forward shift in the anticipated insolvency date to…

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Calls for a bipartisan commission on Social Security

During the Senate Finance Subcommittee on Social Security, Pensions, and Family Policy’s meeting held on June 24th, the committee heard from politicians on both sides of the aisle and experts in economics, small businesses, and Social Security, calling for congressional…

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“Retirement Security” – For Your Dependents Too! 

Building a nest egg for retirement is crucial, but Social Security (SS) will also play a big part in nearly everyone’s retirement planning. So, during that retirement planning process, don’t forget to consider your dependents, because the point at which you claim SS has a profound effect on your dependents as well.…

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Social Security Insolvency and the Effects of Lawmaker Procrastination

Social Security’s financial plight is quickly becoming a source of widespread media conjecture, and analysis from sources well-tuned to the program’s nuances makes it increasingly clear that a crisis is ahead for a large portion of America’s senior population. What’s…

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“Ask Rusty – Why Doesn’t My Social Security Record Show All My Military Earnings?”

Dear Rusty: When I look at my earnings on my Social Security account, I see that in 1955 and 1956 have no earnings. I was in the U.S. Navy as a first officer and have my DD-214 paperwork which shows my military service…

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