Social Security
Gen X Workers – What to Know about Social Security before Retirement
Those born between 1965 and 1980 are next in line for reaching Social Security benefit eligibility. Kaley Hagen writing for The Motley Fool, published by USA Today explains important points here… Notice: The link provided above connects readers to the full…
Does Trump’s Plan to end Taxes on Social Security Benefits Make Sense?
Income taxes paid on Social Security benefits are an important source of revenue for the Social Security Trust Fund. As much as President Trump would like to alleviate this burden on Social Security recipients, Social Security can not afford to…
Are Cuts to Social Security Part of the New Budget Bill?
House Speaker Mike Johnson says no. The GOP is focused on cutting taxes and improving the government’s finances. Social Security is going to be restructured because DOGE has uncovered “enormous amounts of fraud, waste and abuse” in the program. This…
Options for Social Security Employees
Amid implementation of agency-wide organizational restructuring, Social Security employees received notifications of options to decide if they want to stay with the agency or leave. They can choose voluntary reassignments, voluntary separation or early retirement. There are also financial incentives…
One Way to Improve Social Security Solvency
Ending the Retirement Earnings Test, which places a limit on how much you can earn if you take your Social Security benefits before your Full Retirement Age, would be one strategy to improve solvency. While the purpose of the Depression-era…
Seven tips for women to take charge of their finances.
The Social Security program is vitally important to all Americans; however, it is essential to the financial security of women. Women live longer than men, which increases the risk that women may outlive their savings or that their pensions may…
Possible reorganization of the Social Security Administration?
The Social Security Administration, with staff levels at a 25-year low, announced a “massive” reorganization, with “significant” job cuts. The Administration said, “wholesale abolishment of organizations and positions could happen, as well as reassignments and staff cuts.” How will this…
SSA can fast-track disability decisions for people with severe conditions
Rare Disease Day is an annual international campaign held on the last day of February to advocate for people living with one of approximately 6,000 rare diseases. The goal of Rare Disease Day is to improve access to diagnosis, treatment,…
A backlog on Social Security disability appeals
The Social Security Administration has made progress in reducing the backlog of disability appeals to a 30-year low of 262,000; however, the cases are claiming once again. As of January 2025, almost 300,000 Americans are still waiting for a decision…
A wave of new Social Security benefit claims
With the signing of the Social Security Fairness Act into law on January 5, 2025, the Social Security Administration has, “To date, we have processed approximately 30,000 of these new initial claims and, depending on their age and other factors…