Not surprising, there has been a lot of discussion about Social Security reform since the SSA announced the Social Security Trust Fund is expected to run out of money in 2033, three years earlier than expected in the previous report. Once again the media has been our biggest enemy when it comes to consumer confidence. […]
AARP Hosting Social Security Town Hall Meetings
We are in the middle of an important election year so expect to hear a LOT about Social Security and Medicare as the candidates do battle to see who will be in office next year. In response to the increasing debate about the health of Social Security and Medicare, last month the AARP – a […]
Social Security Switching to Electronic Payments in 2013
The Treasury Department announced today that they will discontinue mailing out paper checks to beneficiaries receiving federal benefits (including Social Security) next year. Once in effect, people who receive Social Security, veteran’s benefits, railroad pensions and federal disability payments will need to choose between direct deposit and a debit card to receive their benefits. This […]
Social Security Means Testing – Can Means Testing Save Social Security? Most Say No…
One of the hot topics of debate in this election year is how to keep Social Security solvent. Every presidential candidate dreams of being the one to save Social Security, so you can be sure that we will be hearing a LOT about Social Security between now and November. Many strategies have been suggested to […]
Social Security Age Eligibility: When Can You Start Collecting Social Security?
What is Social Security? Social Security is a federal program that was created to provide economic security to workers in the United States. Social Security benefits are funded by payroll taxes collected from workers and self employed people. Social Security actually has two main programs, the Old Age, Survivor and Disability Insurance (OASDI) program and […]