solvency
A One-Year Reprieve for Social Security’s Deficit Situation?
Last year’s Tax Cuts and Jobs Act (“Act”) has created what may be a brief respite in the continuing spiral toward a position of insolvency for Social Security, according to a post by The Motley Fool’s Sean Williams. His post suggests that…
Another Attempt at Clearing Up the Bankruptcy Misconception
Many of our readers are aware of the AMAC Foundation’s Social Security Advisory Service, a free-to-the-public source of assistance to thousands of seniors facing the complexities of this massive program. In addition to helping folks interpret Social Security’s detailed rules…
Immigration and Social Security
The Bipartisan Policy Center (BPC) recently released the results of its study on immigration and its potential influence on the Social Security solvency dilemma. Calling “increased immigration a powerful policy tool in the effort to maintain the Social Security program,” BPC authors…
Indirectly Addressing Social Security’s Woes
In Late August, House Ways and Means Committee Chairman Kevin Brady (R-TX) praised the 1.6 million jobs created this year and the highest level of wage gains since 2009, largely attributing these factors as evidence of the efforts underway in the current…
Don’t Let Reports of Social Security’s Demise Guide You
The long-term solvency of Social Security has been in the news quite a bit lately. Attention on the issue ramps up with each year’s publication of the Social Trustees Report and the dire warnings contained in it–forecasts of the program’s…
Some Quick Pointers on Social Security
The CheatSheet’s Karen Bennett, posting on their :Money & Career page, provides a snapshot of some basic Social Security parameters. Her items range from taxation of benefits to the nagging solvency issue, with some important details in between. Read her post…
Putting America’s “Retirement Crisis” in Perspective
MarketWatch columnist Jeff Reeves takes aim at one of today’s serious issues by providing a chilling recap of the problems facing our country’s retirement system in the years ahead. Noting the dearth of savings on the part of future retirees, the decline…