Social Security
The Possibility of Trump’s Proposed Changes to Social Security
By Keith Speights for The Motley Fool on December 1, 2024 President-elect Trump wants to eliminate federal taxes on Social Security benefits. This sounds really good to those who have to pay them. This move however could cause the trust…
When to Expect Social Security Payments this December
By Suzanne Blake for Newsweek on December 2, 20024 Social Security payment dates vary depending on whether you are receiving retirement benefits, survivor benefits, or Supplemental Security Income. Holidays can also have an impact. For example, SSI recipients got their…
Social Security Resources for Homeless People
The Social Security Administration is one of nineteen federal agencies which participates in the U.S. Interagency Council on Homelessness, whose mission is to prevent and end homelessness in America. Unfortunately, homelessness is a substantial problem in America affecting those in…
Worried about Social Security? So are most other Americans
In a recent survey, over 70% of Americans worry about the future of this critically important national retirement program. After all, most current beneficiaries say that Social Security is a “major” part of their retirement income – one that would…
Suspending Benefits Can be a Useful Option for Some
There are situations where a Social Security recipient has claimed, out of necessity, benefits before full retirement age only to reach a subsequent point where the need for a cash infusion has been offset by income from another source. In…
Social Security Spousal Benefit Nuances: The Older Wife
The Social Security rulebook is pretty complex, and this complexity becomes obvious when one dives into the murky world of spousal benefits. In a post morningstar.com post by, columnist Beth Pinsker examines a situation in which a non-working spouse is…
“Fixing” Social Security has a Wide Range of Options to Consider
We’ve mentioned many perspectives on the best ways to address the looming Social Security insolvency crisis on this website. In a recent post on nasdaq.com, columnist The Motley Fool’s Matt Frankel covers a list of 16 possible ways to put…
Addressing Retirement Savings Concerns…Some Help Coming in 2025
The importance of building a satisfactory financial “nest egg” one’s life in retirement cannot be understated, especially when viewed in light of Social Security’s design to replace about 40% of most workers’ re-retirement earnings. With the median household retirement savings…
A Discussion on Strenghtening the “Guardrails” for Social Security and Medicade
The crisis in Social Security and Medicare funding is drawing attention from many quarters, especially as the flashpoints draw closer. We’ve reached the point where the luxury of deferring action on the insolvency issues facing these two critical programs will…
Policy Options for Addressing Social Security & Medicare Solvency Issues
The focus on resolving the rapidly eroding financial positions of our country’s two critical senior safety net and income security programs—Social Security and Medicare—is growing. As we look ahead to the incoming congressional session, various solutions will likely enter the…