Social Security

Social Security and You

You’re Not Being Cheated by Social Security

I guess there just must be something about the human psyche that makes so many people feel they’re being cheated out of something that everyone else gets. And if my emails are any indication, that’s especially true when it comes to older adults and Social Security. So many of them seem to be convinced that

Social Security and You

Social Security Will NOT Go Broke!

Here we go again. Another round of scare stories about the impending doom of Social Security. Headlines, such as this one in my local newspaper — ” Social Security Moves Closer to Bankruptcy ” — have many of my readers on edge. These kinds of headlines were prompted by a report released last week from

Social Security

COVID recession pushed Social Security insolvency up a year

The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation’s bedrock retirement programs. The new projections in the annual Social Security and Medicare trustees reports indicate that Social Security’s

Social Security

Congressman Gosar Introduces the No Tax on Social Security Act of 2021

Congressman Paul A. Gosar, D.D.S. (AZ-04) issued the following statement after introducing the No Tax on Social Security Act of 2021. This legislation would change current tax policies by excluding Social Security benefits from being counted as annual gross income and subject to taxation. “The decision by Congress to tax Social Security benefits in 1983

Opinion

Opinion: The War on Retirement

The federal government appears to have declared war on retirement. Unlike other wars, this one isn’t only undeclared, it wasn’t even intended. But, intended or not, the federal government has taken a series of steps that have given us a war nonetheless. Ironically, this war began with Social Security in 1935. Rather than establishing a

Taxes

“Paying Their Fair Share.” But What’s Fair?

Exhibiting no self-awareness, Bernie Sanders and Elizabeth Warren (worth $2.5 million and $12 million, respectively) yell the loudest about the rich having to “pay their fair share.” President Joe Biden has, predictably, joined this tin-eared chorus. Yet none of them will ever say what that fair share is. Each year, the Congressional Budget Office (CBO) asks Americans how much

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