Social Security solvency
No, the end of Social Security is not foreseen…but there is rough water ahead.
A literary comment often attributed to Mark Twain pretty much sums up the theme of many media articles about Social Security. You’ve probably heard it: “The report of my death was an exaggeration.” So goes the popular notion that Social…
How Proposed Changes to Social Security could affect Insolvency Date
President Trump wants to eliminate taxes on Social Security benefits, overtime pay and tips. The downside of this change is that the Social Security trust fund would run out of money three years earlier than originally projected. Trevor Jennewine for…
Should Social Security look more like Australia’s Retirement Plan?
There are numerous ideas circulating about reforming Social Security. BlackRock CEO Larry Fink suggests examining how Australia approaches it. Employers contribute 11.5% of each employee’s salary to their “superannuation” account. Employees have the option to contribute. Employees decide how their…
Removing Social Security from Taxable Income could Affect Insolvency Date
The Social Security Trust Fund is due to run dry in the mid-2030s. This situation has already been exacerbated by the passage of the Fairness Act in January 2025, which moved the insolvency date up six months. President Trump would…
Modernizing Social Security Now will Safeguard it for Present and Future Retirees
There’s a lot of ranting about recent changes to Social Security. Some fail to realize that leaving it alone to continue on as is will be devastating to millions as the trust fund runs dry in the mid 2030’s. Working…
Declining mortality rates do not bode well for Social Security
“Mortality rates are declining, and living beyond 90 is in reach for many, as medical advancements have made it possible to live longer than ever before.” That statement is the key thrust of this Fortune magazine article about how changing demographics are…
How Safe Are your Social Security Benefits?
Well, if you listen to all of the media reports these days, you might very well be concerned amount the safety of this crucial senior benefit program! On any given day, you may read about how “Social Security is going…
Course Correction at the Social Security Administration Sorely Needed
Amid all of the media hyperbole from liberal Democrats in arms about the Department of Government Efficiency (DOGE) and, most recently, about DOGE activities to cut Social Security fraud and waste, comes a reasoned opinion by a respected media executive…
Social Security is changing; but how?
Social Security sure has been in the media spotlight recently, with many accounts predicting benefit cuts, and some even predicting the demise of the program. Of course, most of that is hyperbolic nonsense, but what is the real situation with…
Social Security promise – broken, or not?
During the recent election cycle, all candidates promised that Social Security “would not be touched.” That included President Trump, who committed that he would not “touch” Social Security. But with the recent events associated with the Department of Government Efficiency…