Social Security solvency
Social Security Insolvency Nearing, but There is Still Time to Reform it.
In this very interesting and accurate article by David Timmons of the National Taxpayers Union (NTU), the author discusses the recently released report from the Trustees of Social Security, providing an excellent outline of the problem and how it might…
Experts Disagree on Social Security Insolvency Date
On the heels of the official annual report from the Trustees of Social Security, another budget modeling organization did a separate analysis on the program’s financial health. That new analysis suggests that rather than the SS Trust Funds running dry…
A Ray of Hope for SS Reform???
Just recently, the so-called “ Bipartisan Social Security Commission Act of 2026 ( H.R. 9187 )” was introduced on the House Floor by Republican Congressman Tom Cole (OK-04) and Democratic Congressman Tom Suozzi (D-Long Island/Queens). Coincidentally, House Speaker Mike Johnson…
Here we go again! Myths About Social Security!
Over the years, I and my AMAC Foundation colleagues have written numerous times about Social Security myths, especially the most pervasive myth of all – that politicians have “stolen” (or otherwise squandered) Social Security money for other purposes. That myth…
Four Options for Social Security Reform
There are, of course, a plethora of options for reforming Social Security floating around Washington, D.C. these days, as the urgency of a solution was highlighted once again in the recent release of the SS Trustees’ annual report to Congress.…
Will Congress finally get serious about fixing Social Security?
If you read these pages regularly, you already know that the nation’s premier retirement benefit program - Social Security - is facing some serious financial challenges very soon (e.g., in 2032). We’ve published numerous articles at this site both describing…
Ask Rusty – Why Don’t They Just Create Individual Social Security Accounts?
Dear Rusty: Regarding Social Security’s financial issues, three people contributing to Social Security for every one beneficiary sounds to me like a surplus. If they had given workers their own accounts, similar to a 401k, where they could manage their…
Trustee’s Report confirms: SS Benefit Cuts are on the horizon (unless Congress acts soon)!
The Trustees of Social Security do an annual assessment of the Social Security program’s financial health, and the 2026 report (which reflects status as of the end of 2025) was finally released recently on June 9th. Disturbingly, the program’s financial…
What you should know about potential Social Security shortfall
According to the 2026 Social Security Trustees report released earlier this week, the fund is now expected to begin depleting by the fourth quarter of 2032. At that point, the fund would be able to pay 78 percent of scheduled…
Achieving a better distribution of Social Security benefits
In the continuing discussion of the best way to solve Social Security’s financial shortfall, Alicia H. Munnell argues that a key goal should be achieving a more equitable distribution of benefits, not just closing the funding gap. To judge fairness,…