Social Security solvency

Ways to alleviate Social Security’s Insolvency

Both Social Security and Medicare are popular with Americans on both sides of the aisle, but their is a deep divide on how to fix the situation. Some possibilities include, raising the tax limit, raising taxes, and raising the Full…

According to a Survey a majority of American adults under 65 are concerned about Social Security and Medicare being available to them

Rising health care costs are behind a rising fear that Americans under 65 will not have adequate social support as they age. They are concerned about B the future of Medicare as well as Social Security. Some experts predict that,…

How could Social Security Insolvency affect your Retirement?

This report by David Fei published on June 3, 2024 for FedSmith.com contains information on this very topic. Perhaps it’s a good strategy to take the potential reductions to consider in your retirement planning. Social Security will always pay benefits.…

The So-called Social Security “Apocalypse”

“Apocalypse” and “Doomsday” are words which have been used to describe Social Security’s looming financial issue, but both words are not an accurate way to described the problem. According to this FOX29 article by Heather Miller, it would be more…

Options for Restoring Social Security to Solvency

It’s certainly no secret that Social Security will be facing some serious financial difficulty in about ten years – that fact has been all over the media for a few years now. The stark reality is that reform of the…

About Raising Social Security’s Full Retirement Age

Hyperbole and apparent political endorsement aside, this Motley Fool article by Maurie Backman identifies and tacitly endorses a controversial solution to Social Security’s financial woes – raising the full retirement age (FRA). FRA is when a claimant can get 100%…

Social Security Solvency: A Perspective

Considering all the media exposure the topic has received in recent years, you’re likely already aware that Social Security is facing some financial issues in the not-too-distant future. To be exact, 2033 is when the program’s Trustees currently project Social…

Millennials Likely to Bear the Burden of Social Security Reform

Given all the media coverage in the past year or so, it’s now pretty well known that Social Security – the nation’s bedrock retirement program – will face serious financial issues in about a decade. Although the recently released Social…

Will fixing Social Security fall to the Millennial generation?

With the many perspectives on how the Social Security dilemma will play out, this article by Kerry Hannon for Yahoo Finance ponders on a scenario where Millennials take the hit. Read here… As an example of the leading thoughts on…

Another View of Social Security Insolvency

By now we all know that if Congress does not act the Social Security trust fund will run out of money in approximately a decade. There are several reasons for this including a decline in the working population and longer…

Website by Geiger Computers