Experian Social Security

News: Social Security trust fund projected to run dry by 2034

CNN: Social Security trust fund projected to run dry by 2034 Excerpt If lawmakers don’t act, Social Security’s trust fund will be tapped out in about 18 years. To make all of Social Security solvent for the next 75 years would require the equivalent of any of the following: immediately raising the Social Security payroll […]

Experian Social Security

Facts & Myths About Social Security

Groups on all sides of the issue of Social Security are doing their best to build up walls around their staked-out positions and all that is leaving us with is a battlefield full of ideas that are DOA. Instead, we need to approach Social Security with an open conversation about the facts and leave the […]

Money from Getty

Can We Expand Social Security Benefits

Can we expand Social Security benefits? Sure. But a lot of things must change before that could ever happen and make financial sense. First, the truth is that Social Security will be broke in 2034. There are some people and groups (Social Security Works to name one) that are currently calling for Social Security to […]

Experian Social Security

The One Fact About Social Security You Can’t Miss

What is there to know about Social Security? A lot. And there is a lot of misinformation and hyperbole being shouted these days. But here is the one fact you need to know about Social Security. The combined Social Security trust funds are on pace to be 100% depleted by 2034. Tweet this Source: Committee […]

Flag at US Grant Mausoleum In Manhattan

Ending Political Rhetoric

Last week I was engaging ton Twitter on an issue I find to be of the utmost importance: Social Security. I saw the following Tweet: Why #SocialSecurity should dominate the 2016 election http://t.co/VZjamXw8CY — Eyes On Fox (@eyesonfoxorg) May 11, 2015 The Tweet itself is fairly inocuous and I wanted to engage a fellow citizen. […]

Experian Social Security

News: Social Security May be in Worse Shape Than Thought

NBC News: Social Security May Be in Worse Shape Than We Thought: Study Excerpt: The Social Security Administration projects that its trust funds will be depleted by 2033—not an optimistic forecast. But it may be even bleaker than that. New studies from Harvard and Dartmouth researchers find that the SSA’s actuarial forecasts have been consistently […]

Chris Christie

News: Christie Grabs Third Rail

The Des Moines Register: Christie proposes overhaul of Social Security benefits Excerpt: Potential Republican presidential candidate Chris Christie proposed pushing back the age of eligibility for Social Security and Medicare for future retirees on Tuesday as part of a plan to cut deficits by $1 trillion over a decade, an approach he said would confront […]