Social Security
Where Do The Candidates And Parties Stand On Social Security?
Steve Vernon of Forbes provides an overview of where Joe Biden and Donald Trump are on Social Security reform. The political conventions start this week, and the Social Security program just turned 85 last Friday, August 14th, so the issue…
Details Emerging on Senate Pandemic Relief Proposals
Senior Forbes contributor Kelly Phillips Erb takes a look at some of the potential outcomes of the pandemic relief bills being crafted in the Senate, noting that the “Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act is a compendium of…
Kudlow on the Potential for Another stimulus Payment
Progress on the next round of economic stimulus measures is expected to be announced this week, and many eyes are on one of the key components of the legislation–the possibility of direct payments to U.S. citizens. Forbes Staff Reporter Lisette Voytko, in…
Social Security and COVID-19’s “Second Wave”
Well, statistics seem to support the notion that the second wave of COVID-19 infections is upon us. While most financial advisors do not normally advocate for an early claiming of Social Security benefits, it’s clear that we’re in anything but…
Attention Women: Social Security and Your Financial Future
In response to a concern expressed by a MarketWatch reader, retirement reporter Alessandra Malito presents a case for alleviating concerns expressed by a stay-at-home mom in planning for her future retirement. “It’s not too late. You got this!” says Malito, backing this…
Stimulus Negotiations and Comments on a Payroll Tax Holiday
Pre-recess deliberations on another coronavirus relief package are continuing amid complex and divergent viewpoints on the size and content of further relief. From a Social Security standpoint, one of the concerns continues to be the administration’s continuing push for a…
Next Year’s COLA? Who knows, but one can speculate.
It’s that time of the year, and the numbers that will determine the COLA calculation for next year are now being accumulated. For those pundits looking ahead to what the CPI-W comparison will yield in October, the speculation is a…
A Practical Look at How Social Security Fits in Your Retirement
Of course, Social Security will be a significant part of your retirement financial picture. For some, it will be the most significant part, while for others it may serve to support other financial resources that have been accumulated along the…
Fertility Breeds Instability for Social Security
Brenton Smith of Fedsmith.com explains how lower fertility is not a new problem. Politicians have known about it for decades. He ties the issue to Social Security’s long term solvency problems, which are now closer by several years due to…
Next 3 Months Are Crucial for Social Security Recipients
July, August, and September are crucial for anyone receiving Social Security benefits. That’s because the consumer spending data from only those three months are used to calculate the inflation rate. This then determines what the cost of living increase (COLA)…