A recent survey said that many younger Americans would be willing to work longer to shore up Social Security, but the author says this isn’t likely to help much.
An audit conducted by the SSA OIG found that some retirees impacted by GPO may be losing out on additional retirement benefits. Here is how to reclaim your benefits.
The author says that a bill proposing to do away with the WEP and GPO would actually be unfair.
The cost of grandfathering Social Security benefits for existing retirees is now more expensive for future retirees than doing nothing.
The author says that Social Security should be at the top of the Treasury Secretary’s priority list, but that it appears it may not be.
The author says that the COVID recession did not cause financial distress for Social Security, an outcome he had not anticipated.
A private company wants to sell insurance against insolvency. The author explains what life would be like if AIG and Lehman Brothers ran Social Security.
The author says that Social Security may be in a more dire financial state than the latest Trustees report suggests.
Social Security recipients are likely to get a big COLA in 2022, but the author notes that this is a major financial burden for the program.
The author says that Social Security is losing billions of dollars that will one day hit retirees directly in the wallet.