Social Security insolvency

Social Security Insolvency and the Steadily Unfolding Fertility Rate Problem

The 2025 Social Security Trustees Report didn’t offer any new insights into a long-established problem. The key upshot from the report is that the insolvency date moved a bit closer than projected a year ago. For most who follow this…

If You’re On the Fence About Filing Early, Read This!

The constant barrage of media alarms on Social Security’s impending insolvency drives many folks aging into benefit eligibility to take the plunge before their full retirement age. While they may or may not fully understand the long-term consequences of this…

HR 82’s Impact on Social Security

In case you were wondering, the January 5, 2025 enactment of the WEP and GPO repeal via H.R. 82–the Social Security Fairness Act–had a fairly significant effect on Social Security’s timeline for insolvency. As Social Security Administration (SSA) Chief Actuary…

Ask Rusty – When Will Funds Stolen from Social Security be Replaced?

Dear Rusty: When will the funds stolen from the SS Fund be replaced? They used Social Security when the government ran out of money and used it for illegals. I think the funds should be replaced except for legitimate payments…

Another Call for a “Bipartisan Commission” to Study Social Security Insolvency

Although it’s been discussed off and on for the past couple of years, no concrete steps have been taken to create a bipartisan commission to develop a solution to the fast-approaching cliff facing Social Security. Two New York Congressmen, Rep.…

An Insolvency Reminder–The Clock Continues to Wind Down

Anyone following Social Security-related news this year and for the past several years is well aware of the program’s steadily declining financial situation. More and more folks are waking up to the possibility of legislative inattention to the problem and…

Social Security’s Looming Insolvency and a Call for Answers

Many people keenly aware of the funding crisis facing Social Security in less than a decade have been distressed by the primary candidates’ lack of serious discourse on the issue in this presidential election cycle. And nowhere is this distress…

Highlighting Legislative Inertia on Social Security Reform

The term “inertia” refers to the natural tendency for objects at rest to remain at rest. Thinking about Social Security reform as an “object,” then, implies that action on corrective measures to ward off the catastrophe projected to hit beneficiaries…

Social Security Reform–A Call for Congressional Action

That’s not a new call, actually. The Social Security trustees have been making that plea for decades via comments accompanying their annual reports to Congress. For example, these comments were outlined in the summary of the 2024 edition: “Lawmakers have…

Social Security’s Reckoning: A Sobering Viewpoint on What Should be Emphasized

A quick look at political headlines today will show that the long-term financial problems facing our Social Security system are becoming more widely known. We’re in a less-than-decade window of when action must be taken—either corrective action or default action…

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