Social Security
The Biggest Problems Facing Social Security
John Csiszar has written five books and thousands of articles about financial services and personal financial planning. Here he explains in simple terms the structural problems and economic reasons why Social Security is facing insolvency in the near future. These…
Social Security Affected by Persistent Unemployment Checks
Many economists and Republican governors have been fuming for months now about the so-called “Biden bonus” of paying people an extra $300 per week not to work through early September. Opponents of this scheme, passed in the last stimulus bill…
The time is now for action on Social Security
The Hill contributors Jeffrey R. Brown and Mark Duggan remind readers that infrastructure is not the only pressing problem needing attention in Washington. They note Social Security is running a deficit this year for the first time in 40 years.…
Finding Social Security Rules and Regulations in Writing
There are literally thousands of rules and regulations pertaining to The Social Security Act, such that laypeople often find themselves shut out and needing advice from federal employees of the agency, lawyers (generally for the disability program), and other financial…
What Declining Births Say About Our Values, Economics, and Social Security
Star Parker has a fascinating op-ed here that challenges the notion that families had fewer children in 2020 due to the uneasiness or economic challenges from the pandemic. Not so. Parker argues younger people are avoiding marriage and children because…
Social Security’s Problems Should be Above Politics and Pandering
A plethora of bills are routinely introduced in every new Congress, mostly by Democrats, promising higher benefits, whether in the form of cost of living adjustments, one-time payments, or permanent minimum benefit increases. The problem with all of the proposals,…
Twelve Question Social Security Quiz - Getting Benefit Questions Wrong Could Cost You
Lorie Konish of CNBC has a piece here that recaps results of a recent survey from MassMutual based on when one should claim Social Security, generally regarded as the biggest retirement choice one will ever make. It was a 12-question…
Seniors Report Social Security COLAs Not Enough to Pay Higher Costs
It’s a familiar refrain from seniors that their Social Security benefits just don’t keep up with rising overall prices. Benefits do increase every January 1st based on an inflation formula, but Josephine Nesbit of Yahoo Finance cites a survey from…
Rethinking Social Security – Without Higher Taxes
AMAC’s National Spokesperson, Bobby Charles, laments that few politicians want to touch Social Security. With all the talk in the Biden Administration about tax increases, this piece from 2019 is being republished in its entirety here as way to get…
Did Congress steal Social Security money? NO!
It’s one of the most pervasive myths pertaining to Social Security– that Congress stole program funds for wars, social welfare spending, or a host of other programs. As such, we are republishing a piece about this urban legend gone wild…