Social Security
The Duties of a Representative Payee
Social Security Public Affairs Specialist Marilenin Vasquez, in a post on patch.com, discusses the role of a Representative Payee in helping seniors manage their Social Security benefits. Her post begins with an outline of Social Security’s process for helping to ensure…
Investment Protection from Social Security
The Social Security Administration’s Erin Thompson in an article posted today on the News-Herald, outlines the SSA’s stance on fraud and the steps the agency takes to protect beneficiaries from the attacks of scammers, imposters, and the like. The post includes…
The National Debt and Social Security’s Inherent Role
The Bryan (Ohio) Times today carries an article outlining the conceptual pitfalls of the rapidly escalating U.S. national debt and, although it contains some incorrect assumptions (e.g., the comment implying that the Social Security trust fund tends to “take in…
Social Security Reform Called for in Letter to House
The Fiscal Times reports that a bipartisan group of lawmakers is advocating for any future pandemic relief measures to include focus on national debt problems, including Social Security’s long-term trust fund solvency issues. In a post by Editor in Chief Yuval…
Details on Supplemental Security Income and How to Qualify
Over 8 million people received Supplemental Security Income (SSI) benefits from Social Security in April, with 28.5% of them age 65 or older. If you are wondering about your individual eligibility, check out this Patch.com article by Social Security’s Delia De…
Another Stimulus? Maybe, Maybe Not. Things Social Security Beneficiaries Need to Know.
The “Heroes Act”–the follow-up to the CARES Act signed in March–has been passed by the House but is under debate in the Senate at this point. The outcome is uncertain, but the rumor mill is heating up with respect to…
Thoughts As You Look Ahead to Retirement
Social Security’s long-term financial picture is in the news quite a bit these days, and many seniors are beginning to look hard at what role those benefits will play in their post-retirement situation. This South Florida Reporter article by takes…
Social Security’s Mythical Demise Continues to be a Concern for Many
We’ve discussed this point several times via posts on this website, but the concern that Social Security will not be around for future retirees just keeps coming up. The latest incarnation of this long-standing concern was highlighted in a post…
The Evaporating Dream of Retirement
With surveys reporting as many as 40% of working adults writing off the likelihood of a financially secure retirement, it’s little wonder that concerns are growing for the future. The Motley Fool’s Kailey Hagen, in a post on their website, examines…
Social Security Insolvency Barreling Toward us – Now 2030?
For years the Social Security Board of Trustees has warned that 20-25% benefit cuts for all recipients were to start in either 2034 or 2035. The surpluses of program would be exhausted then and thus necessitate such deep cuts. Few politicians…