Social Security solvency
Misunderstanding of Social Security’s Funding Underscored in Op-Ed
An article posted on the Bossier Press-Tribune suggests that a comment made by a member of Congress illustrates a fundamental misunderstanding of how Social Security is funded, and goes on to stress the importance of prioritizing an approach to dealing…
Social Security’s Future–A Reality Check on the Unfolding Dilemma
If you’ve been following the steadily unfolding solvency crisis facing our Social Security system, you’ve no doubt seen an equally steady stream of opinions on how best to address the situation. The Social Security trustees have been sounding the alarm…
Enemy of Social Security Reform? Public Apathy
Despite all the media warnings about Social Security solvency and possible across-the-board benefit cuts in about a decade, a recent Gallup poll suggests that 53% of Americans still think they’ll get everything they’re entitled to when it comes time for…
Allow “Phasing In” Social Security Benefits?
In this interesting opinion piece, one erudite expert suggests that Social Security should offer an option to allow phasing into retirement. This would be done by permitting one to first collect only a portion of their Social Security benefit early,…
Will Your Social Security be Taxable?
In response to threatened revenue shortfall for Social Security in 1983, Congress enacted a law which required those with incomes over particular thresholds to pay income tax on half of their Social Security benefits. The thresholds set in 1983 were…
Is Even Discussing Fiscal Sanity a “no no?”
Is the partisan divide in Congress so great that even entertaining ideas to deal with the ever burgeoning national debt is an unacceptable concept? Or is discussing reform of programs which will soon become insolvent (Social Security and Medicare) completely…
About Reforming Social Security
As we roll into this presidential election year, campaign rhetoric is already heightening, especially about Social Security. Most candidates pledge “not to touch” Social Security, while simultaneously suggesting that cutting the program is high on their opponent’s agenda. President Biden…
In a Sea of Red Ink, should Congress Seek Fiscal Reform?
With the national debt now exceeding $33 Trillion, and Social Security and Medicare facing insolvency in less than a decade, it’s hard for the average American to understand why anyone would oppose Congress seeking ways to restore fiscal stability. Then…
Why do the Rich get a Bigger Social Security Payment?
“The rich get richer” is somewhat of a common lament by those not enjoying financial freedom, which likely includes most of those collecting Social Security benefits. Indeed, a majority of Social Security beneficiaries say they rely on their SS benefit…
Election 2024 – The Knives are Coming Out
If you’ve checked in on the various debates and Town Halls starring the 2024 presidential challengers, you’ve seen the growing intensity relating to positions on Social Security reform. It’s pretty clear that there are differences of opinion on what needs…