Social Security solvency
Proposed Solution for Social Security Insolvency
U.S. Senator Sheldon Whitehouse, Chairman of the U.S. Senate Budget Committee, spoke at the Social Security hearing today. His remarks offer a perspective and a proposed solution to the Social Security insolvency issue. Read here… Similar to many consulting organizations,…
Today’s Hearing on Social Security
Commissioner for the Social Security Administration has concerns about the budget. He is in the middle of trying to resolve a staffing crisis so the agency can efficiently serve the needs of the American people. Others want to cut his…
Social Security: The insolvency problem & a balanced solution to it
What’s all this talk about Social Security’s problems all of a sudden? Why not just leave the program alone? Is Social Security going bankrupt? So what can be done? Are there pros and cons to each? Why not just raise…
Will Social Security be around when you retire?
Andrew Dorn goes through the challenges facing the Social Security program here. He notes scheduled benefits have always been paid in its nearly 90-year history. That would change in about a decade absent reform by Congress, as the funds are…
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…