Social Security solvency
When to Claim Social Security
When to start your Social Security benefits is a major decision. Knowing that the trust fund will run out in 10 years if nothing is done can make that decision even more confusing. Selena Maranjian for The Motley Fool explains…
Thoughts on Social Security Reform
The US Government Accountability office is submitting mock proposals to overhaul the system. As the programs funds continue to dwindle and no action is taken, the situation becomes worse. There are several options to consider. Read here… Similar to many…
Presidential Hopefuls’ Perspectives on Social Security and Medicare
These two programs are important issues to consider when choosing how to vote. They are the income and health lifeline for many of our senior citizens. Read about it here… Similar to many consulting organizations, the Association of Mature American…
Social Security is a Primary Issue for Americans this November
Voting may be swayed by Social Security this November. There are many ideas of how to modify it. What do Harris and Trump say? Keith Speights for The Motley Fool explains here… Similar to many consulting organizations, the Association of…
A Different COLA Perspective
The latest estimate projects a COLA increase of 2.57% in 2025, which is lower than it was in 2024. Of course, this is still an estimate and the actual number will be released in October. A smaller percentage could be…
Expert’s Social Security Advice to Gen Zers: “You Have Time to Plan”
In a report posted on nbclosangeles.com, CNBC’s Cheyenne DeVon suggests that millennials and Gen Zers harbor concerns that Social Security faces oblivion and that “… 40% think they ‘won’t get a dime’ of Social Security benefits.” She points to repetitive…
Commissioner Weighs in on Social Security problems
In a post yesterday on newsweek.com, Social Security commissioner Martin O’Malley made a case fo prioritization of steps to ward off two major problems facing the program: the looming funding crisis and the evolving customer service crisis. Stressing that “…staffing…
“Fixing” Social Security–A quick recap of some of the ideas being advanced
Money.com’s Pete Grieve, in a post on nasdaq.com, provides a quick summary of five of the ideas currently circulating among various proposals to address Social Security’s looming insolvency problem. As Grieve points out, public sentiment for resolving the matter “sooner…
Challenging the “Earned Benefit” Definition of Social Security
Arguments and viewpoints on Social Security reform are increasing these days, and since we’re within a decade of the program’s financial flash point, that’s a good thing. Most who’ve been following this slow-moving train wreck are aware of the projected…
An Argument for Price Indexing as a Social Security Solution
Many proposals to address the Social Security solvency problem have been floated to Congress over the past few years, but they always seem to come back to the need to add revenue (tax increases) or reduce benefits as the only…