Means testing
Will “Means Testing” Drive a Solution to Social Security’s Insolvency Dilemma?
As we await publication of this year’s annual Social Security trustees report, we’re seeing a fairly consistent assumption that the trust fund depletion date will be “officially” advanced to 2032. Some pundits also hint at 2031 as a more realistic…
Further Means Testing Recommended for Social Security
As the projected date of trust fund full depletion moves closer–it’s most recently been estimated for 2032, a mere six years away–activity on the proposal front is building. This is certainly a welcome trend, given the lack of attention Congress…
FRA Setbacks, Means Testing, and the Inevitability of Tax Increases–One Viewpoint
In a follow-on to last week’s GOP Presidential Candidate Debate, and after considering suggestions put forth by candidates Nikki Haley and Chris Christie regarding adjustments to the full retirement age and incorporating additional means testing into the benefit formulas, financial writer…
Means Testing for Social Security…Where do the Republican Candidates Stand?
By now, anyone who’s been paying attention to Social Security’s steadily deteriorating financial position is keenly aware of the long-term implications of Congress taking no corrective action. Many suggestions for program restructuring have been put forth by a number of…