The Importance of Verifying Your Social Security Earnings Statement 

Most folks realize that their Social Security benefit is based on a set of parameters, including your age, the start date for monthly payments, and their work history as maintained in the Social Security Administration’s records. While the first two are based on points in time, the…

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Friday News Roundup: Social Security’s Projected Insolvency A Hot Topic

This morning’s crop of Google Alerts on Social Security brought with it a sampling of eye-catching headlines. For example, Newsweek‘s “Social Security Shortfall Could Turn US Into Venezuela by 2032” and SILive.com‘s “Social Security Doomsday Clock is ticking: Here’s how…

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Senate Budget Committee Deliberates on Social Security’s Future

The Senate Budget Committee yesterday held a hearing focused on “Social Security: A Discussion on the Facts and the Path Forward.” Karen Glenn, Chief Actuary at the Social Security Administration, served as a panelist for the hearing, providing a snapshot…

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High-end Social Security Benefits Coming Under Fire?

As anticipated, the rapidly approaching depletion of Social Security’s trust fund reserves is bringing a variety of viewpoints into focus. Wth just six years remaining on the countdown clock, it’s not unexpected that the pace of suggestions for fundamental program…

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The AMAC SSG: How does it align with Social Security’s Purpose?

Social Security’s establishment 90 years ago followed the Great Depression and, as such, had a twofold purpose: to provide immediate assistance to destitute families in the wake of devastating financial losses in their retirement savings, and to create a long-term,…

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“Ask Rusty – I’ll Be 65 Soon and am Working. Must I enroll in Medicare?”

Dear Rusty: I will be 65 in October and I am working full-time. My goal is to work until age 67, which is my full retirement age, or until age 70. I heard I have to apply for Medicare Part…

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