Social Security
History of Social Security
Lallan Schoenstein takes a look at the development of Social Security over the years and analyzes where we are today and why we need to protect it. Read here… As an example of the leading thoughts on reforming Social Security,…
Only 9 States Still tax Social Security Benefits
Stefan Walters for The Motley Fool explains that although Social Security may be subject to Federal Income Tax, there are 41 states that do not tax Social Security benefits. More states are getting rid of state income tax on Social…
New Debate on Social Security’s Trust Funds. How exactly is Social Security financed?
Lorie Konish for CNBC points out that new leadership in Washington will be taking on the dilemma of how to fix the program. Senator Mike Lee of Utah renewed questions on how the program is funded. Lee criticized the way…
Bisignano selected to head the Social Security Administration
Trump has requested Frank Bisignano to head the Social Security Administration. Frank is presently head of the Wisconsin-based payment and financial technology company Fiserv Inc. Lawrence Andrea for the Milwaukee Journal Sentinel quotes Trump as saying “”Frank is a business…
Detailed Explanation of the Social Security “Fairness” Act
Andrew G Biggs gives insight into why public employees who don’t participate in Social Security are not being cheated when their Social Security benefits are offset because of their pensions. When you understand how the Social Security formula works, you…
Use of Social Security Number Rules May Change
The Consumer Financial Protection Bureau (CFPB) has proposed a regulation that would stop data brokers from selling Social Security numbers and other personal information. The new rule would subject them to oversight under the Fair Credit Reporting Act (FCRA). Aliss…
Decisions Need to be Made on Social Security, Medicaid, Medicare
This article by Juliann Ventura for The Hill explores the possibility of cuts to what he calls “social welfare programs”. Democrats need to be in on the discussion regarding how to save billions of dollars. He suggests we know the…
Changes to Tax Policy can Help Shore Up Social Security
This article by Andrew Leahey for Drexel university School of Law discusses ways to make up for the Social Security shortfall. Per his prospective raising taxes on upper income earners and including investment income to expand the Social Security tax…
Are Social Security and Medicare at Risk with Trump Pick?
This Dax Everly article for Kawsachun News expresses concern for Social Security and Medicare due to Trump’s selection of Russell Vought to head the Office of Management and Budget (OMB). Vought is expected to resume this role, as he had…
Beware of Scams
By Lizbeth Portalatin-Perez for SSA Talks on December 2,22024 A Social Security Matters blog features how to recognize and report scams. Kate Kleinert tells her personal story as a warning to others. Also included is commentary from Rebecca Rose, a…