Tag: Social Security

Was the Misuse of Social Security Money Pre-planned?

January 21, 2013 8:23 PM

The author says that it appears that President Reagan put Social Security on a premature path to insolvency through a payroll tax hike in the early 1980s and offers an analysis of why he believes this happened.

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New Online Social Security Services

January 7, 2013 7:53 PM

Social Security has announced that it is expanding the services available with a my Social Security account, a personalized online account that people can use beginning in their working years and continuing throughout the time they receive Social Security benefits.

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What are the Best States for Retirees?

December 10, 2012 2:10 PM

If you’re curious about which states offer the most tax friendly environments for retirees, check out the interactive retiree tax map on the Kiplinger web site.

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Social Security Announces New Compassionate Allowances Conditions

December 6, 2012 8:44 PM

The Social Security Administration has announced 35 additional Compassionate Allowances conditions, bringing the total number of conditions in the expedited disability process to 200.

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Social Security’s Day of Reckoning Has Come

October 19, 2012 2:48 AM

The author says that the purpose of the 1983 payroll tax hike was to generate Social Security surpluses for the next 30 years, but instead of following that plan, the government spent the money out of the general fund, thus using up the revenues on other government programs.

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Government Should Level With Public About Social Security Trust Fund

September 21, 2012 7:04 AM

The author says that the Social Security Trust fund is empty and has been for the past 30 years, but the public has been deliberately mislead to believe that the funds are still in place.

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Cash Flow Imbalance: Social Security’s Dirty Little Secret

August 17, 2012 8:37 AM

The author says that the debate over funding Social Security is focused on the wrong problem and that the real problem is that the government has spent all of the trust fund holdings, starving the program of all its surplus monies.

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FERS and CSRS Disability Retirement, OWCP Benefits, and SSDI: Comparisons and Contrasts

The author juxtaposes some common federal benefits programs.

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The Social Security Money Is Not Invested In Bonds Like China Holds

The author says that the Social Security trust fund does not contain any marketable bonds and that all surplus revenue has been spent.

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Why Social Security Cannot Pay Full Benefits Until 2033

The author says that claims about Social Security’s ability to pay benefits continue to be made but that they are not true. He offers a breakdown of the program’s financial status.

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