The Terrible Social Security Proposal That Just Won’t Die

Social Security is very likely this nation’s most important social program. The Center on Budget and Policy Priorities ran an analysis in 2016 that found that 22.1 million people, including 15.1 million retired workers, are kept above the federal poverty line solely as a result of receiving a guaranteed monthly payout from Social Security. ¬†…

Continue Reading →

The Social Security Trick Most People Could Use to Boost Their Benefits After Claiming Them

The importance of Social Security is arguably unparalleled among all social programs. Data from the Social Security Administration (SSA) shows that more than 3 out of 5 aged beneficiaries¬†are reliant on their monthly checks to account for at least half of their monthly income, with 34% leaning on Social Security for virtually all (90% to…

Continue Reading →

Social Security Ran a $44 Billion Surplus in 2017 — So, Why Is the Program in Trouble?

The Social Security Trustees recently released their annual report about the current state of Social Security, as well as short- and long-term projections for the program. And the report starts off with some good news: Social Security ran a surplus of more than $44 billion in 2017.¬† Unfortunately, there isn’t much to smile about beyond…

Continue Reading →