Latest News
Social Security Trustees Report – Predicting the Predictabl
The Social Security Act requires the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (OASDI), the 7 senior government officials nominally responsible for Social Security, to provide Congress with a report on the financial status of the program by the first of April. The current administration has seen fit to ignore this deadline every year, and has routinely released the Trustees report weeks, or even months, past the statutory deadline. This year is no different. Presumably, the reluctance of the administration owes to fact that the program upon which millions of retired and disabled Americans rely is going bankrupt...Read More
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.