Is Social Security a Safety-Net or a Stipend For Wealthy Seniors?
Most people consider Social Security a safety net, but new research suggests that benefits fall disproportionately to the wealthy in retirement. The author provides an analysis.
Most people consider Social Security a safety net, but new research suggests that benefits fall disproportionately to the wealthy in retirement. The author provides an analysis.
Two writers debate the pros and cons of privatizing Social Security. The author summarizes their positions and offers his analysis.
2016 was a great year for Social Security, however, the author says that this doesn’t mean President Trump has an easy job of balancing Social Security for the next four years.
Recently proposed legislation would apply a new COLA for all federal benefits programs, but the author cautions that it may not be all it’s cracked up to be.
The author says that it appears that the Trump administration’s nominee to lead the Office of Management and Budget has a fundamental misunderstanding of Social Security’s relationship to the federal debt.
The author suggests that the consequences of Social Security will arrive much sooner than the experts are predicting and says that we may actually have to repay the Trust Fund.
The author notes that a tax plan proposed by Donald Trump would cut many Americans’ taxes but at the same time might actually create a tax increase for others.
Legislation has been introduced that would make sweeping reforms to Social Security. The author says it would make cuts to the program that would potentially harm older Americans.
Senator Charles Schumer (D-NY) has announced an initiative to offset the low COLA that was recently announced for the coming year.
The Social Security Administration has announced that the maximum amount of earnings subject to the Social Security tax will climb 7.3% in 2017.