Social Security Guarantee
Social Security: What Does Insolvency Actually Mean?
The dictionary definition of insolvency is, “the inability to pay one’s debts” So, when The Social Security Trustees report that Social Security will be insolvent in 2034, what does that mean? To begin, Social Security is not going bankrupt. Political…
A High-Level Look at Social Security’s Health
Jeremy Glaser (Morningstar Senior Director, Editorial), discusses a variety of issues associated with Social Security in an interview with Tim Steffen Baird’s Director of Advanced Planning on www.morningstar.com. The first part of the interview deals with the Medicare hold harmless provision and its…
Addressing the Solvency Issue–A Cause and Effect Discussion
Political analysts Yuval Levin and James C. Capretta, in a post today on The Weekly Standard, take aim at America’s deteriorating financial situation, at the core of which they assert is the steadily growing federal deficit and it’s projected 10-year…