What are the Best States for Retirees?
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.
Social Security
Social Security Announces New Compassionate Allowances Conditions
The Social Security Administration has announced 35 additional Compassionate Allowances conditions, bringing the total number of conditions in the expedited disability process to 200.
Social Security’s Day of Reckoning Has Come
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.
Government Should Level With Public About Social Security Trust Fund
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.
Cash Flow Imbalance: Social Security’s Dirty Little Secret
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.
FERS and CSRS Disability Retirement, OWCP Benefits, and SSDI: Comparisons and Contrasts
The author juxtaposes some common federal benefits programs.
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.
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.
Social Insecurity
How secure is the Social Security program? According to the Board of Trustees, trust funds will be exhausted three years quicker than earlier projections. In reality, the problem is more severe than it appears at first glance.
A Common Misconception about the FERS Annuity Supplement
The FERS annuity supplement is commonly believed to be linked to the Social Security Administration (SSA), even to the point where some believe the benefit is actually administered by SSA rather than the Office of Personnel Management (OPM), but this is not the case.
