Social Security solvency
Kick-the-can politics of Social Security insolvency
We are all aware of the looming Social Security insolvency issue, but why is it not front and center on every politician’s agenda? Because the Social Security program has become the third rail, those who raise the issue of what…
What that earnings cap means for the Social Security trust fund
The Social Security tax rate is 6.2 percent, which is withheld from your paycheck; however, it applies only to the first $184,500 of your annual earnings for 2026. If you are self-employed, the Social Security portion of your self-employment tax…
The tax savings now could lead to greater costs later
In the 2025 Social Security Trustees report, the Old-Age and Survivors Insurance (OASI) Trust Fund (Social Security) will be able to pay 100 percent of total scheduled benefits until 2033; however, according to a projection from the Congressional Budget Office…
A Perspective on Taxation of Social Security
“How can I avoid having my Social Security benefits taxed?” That is a question we are regularly asked here at the AMAC Foundation’s Social Security Advisory Service. And the unfortunate answer for many who ask is that “you cannot!” As…
More about Social Security’s financial future
Unless you pay little or no attention to the news these days, you are already aware that Social Security is facing a financial issue in only about 6 years (2033). We’ve chronicled that fact fairly often at this website. Continuing…
Social Security Legends, Lies, and Misunderstandings
It never ceases to amaze me how some legends and myths grow over time, to the point that they are viewed as true, regardless of how inaccurate they might be. “Repet ition does not transform a lie into a truth”…
Changes to Social Security are Coming Soon (hopefully)
If you are searching for good news about Social Security’s looming financial insolvency, it can be found in a recent estimate by Social Security’s actuaries that the Trust Fund balance wasn’t depleted as much as anticipated in 2025. But that’s…
Bad News for Social Security Beneficiaries?
This article , though somewhat pessimistic, suggests that Social Security is on a collision course with insolvency in the very near future. And if you regularly read articles published on this website, you are already aware of that dilemma -…
Social Security and OIG Partner for the Seventh Annual National Slam the Scam Day
Baltimore, MD – The Social Security Administration (SSA) and its Office of the Inspector General (OIG) are partnering to fight back against Social Security imposter scams for the seventh annual “Slam the Scam” Day on March 5, 2026. The annual…
CBO Weighs In on Insolvency Projections
Although the official 2026 Social Security Trustees Report is still weeks away, most insolvency forecasts have been centered on 2032 as the date of full depletion for the program’s trust fund reserves. The Congressional Budget Office (CBO) recently cemented this…