Social Security insolvency
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…
Preparing for Social Security Cuts–Some Steps You Can Factor into Your Strategy for Retirement
Yes, it’s still a decade away, but the possibility of substantial benefit cuts is very real, regardless of the actions–or inactions–of Congress. In fact, it’s clear to almost everybody who’s kept themselves at least partially up-to-date on the Social Security…
Writer Advocates Tax Increases to Solve Long-Term Social Security Problem
Alicia H. Munnel of Barron’s opines here that taxes should be raised to solve the Social Security solvency problem and pay full benefits over the next 75 year time horizon. Social Security’s long-run deficit is projected to equal 2.84% of covered payroll…
Biggest Social Security Lie: Government Stole the Money
Jeff Szymanski works in political communications at The Association of Mature American Citizens (AMAC). He wrote this piece in an attempt to put to rest once and for all one of the biggest myths/lies about Social Security. “The bigger the lie, the more…
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…
Expand a Program Headed for Insolvency?
(By: Jeff Szymanski, Association of Mature American Citizens) Who would spend more money on something that, in the absence of reform, will be insolvent in just over a decade? Answer—’The Left’ of course. That is just what 150 Democrat members…