Social Security solvency
“Kicking the Can” Would Lead to a Missed Opportunity for Social Security Modernization
Social Security’s trajectory toward insolvency has been a known fact for decades. Since the 1990s, the program trustees’ annual report to Congress has cited the impending depletion of program reserves, with each report projecting the expected year of full depletion…
Social Security 2100 Back in Focus
Calling Social Security “the number one anti-poverty program for the elderly, for children, and a disability plan that more veterans rely on than the VA,” House Ways and Means Social Security Subcommittee Ranking Member John B. Larson (CT-01) yesterday reintroduced Social…
Looking at a Full Retirement Age of 70–A Supportive Viewpoint
Perhaps one of the most incendiary components of the argument over the looming Social Security solvency problem is the thought of moving the program’s full retirement age (FRA). Currently set at age 67 for those born in 1960 or later,…
Sen. Cassidy Calls Out Leading Presidential Contenders on Social Security Positions
Expressing extreme displeasure with the stance President Joe Biden and presidential challenger Donald Trump have taken on Social Security reform, Sen. Bill Cassidy (R-LA) cited the importance of having presidential candidates who can meet the financial challenges facing the massive…
Reviewing Social Security’s 2023 Changes
Old news at this point, but worthy of a quick refresher on what the most widely felt changes in the Social Security program for 2023. In a post on wasingtonexaminer.com, Breaking News Reporter Eden Villalovas provides a recap of key…
An Assessment of Potential Social Security Solvency Solutions
As we’ve been noting for some time, the emphasis on reforming America’s Social Security program in the face of the rapidly approaching solvency crisis is beginning to draw attention in the early months of the 118th Congress. Many credible sources…
Exchanging Social Security Benefits for an RMD Deferral Option? A New Idea Surfaces.
As the rhetoric on fixing Social Security’s solvency problem pickS up steam, so does the emergence of new and creative approaches to reforming the system. In a post today on Kiplinger.com, contributor Chris Heerlein advances a suggestion that deals with…
Social Security Today: A “People Over Politics” Perspective
As the rhetoric on Social Security’s long-term financial issues heats up, so does the division between approaches to reforming the system. Structural changes on one side of the argument focus on modernizing the program to bring it into line with…
Social Security Solvency–Shining a Positive Light on the Crisis
Although acknowledging that Social Security faces long-term financial problems, including the potential for a substantial benefit cut about a decade from now, officials at the Center on Budget and Policy Priorities take the high road in an article posted on…
THE SOLVENCY ISSUE HAS CREATED NEW SCAMMER INITIATIVES!
Inevitably, the uptick in news accounts of Social Security’s financial problems appears to be spawning a new approach by the scammer community in its continuing assault on unsuspecting seniors. Specifically, this new tactic informs targeted individuals that their Social Security…