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Latest Social Security Update December 30, 2010 at 04:10 PM

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December 30, 2010

Jobless turn to Social Security DAYTON Applications for Social

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Jobless turn to Social Security
DAYTON Applications for Social Security benefits have jumped dramatically in Ohio since the recession began as more displaced workers seek benefits early to meet the financial pressures brought on by unemployment.Applications for retirement benefits rose 12 percent from federal fiscal years 2007 to 2010, while applications for disability benefits were up 23 percent during the same period ...

OMG Social Security!?
IF YOU watch the political debates in Washington, you'd think that the future of Social Security matters only to today's retirees. But the Social Security's future solvency is most germane to the 40-and-under crowd.

Apply for Social Security now or later?
Now or later? When it comes to the question of Social Security income, the choice looms large. Should you apply now to get earlier payments? Or wait for a few years to get larger checks? Consider what you know (and don't know). You know how much retirement money you have. You may have a clear projection of retirement income from other potential sources. Other factors aren't as foreseeable. You ...

December 27, 2010

On Medicare and Social Security, be unfair to the boomers

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On Medicare and Social Security, be unfair to the boomers
No one wants to reduce benefits for baby boomers, but we may have to.

More mythbusting on Social Security money
Social Security reform should be phased in so that benefits for retirees and those nearing retirement aren t cut. But if we wait too long, the borrowing needed to finance benefit checks will rapidly push us closer to the growth-killing tax increases and benefit cuts that no one wants.

New tax law reveals the mirage of the Social Security trust fund
I used to joke about the government "solving" Social Security's long-term problems by creating Treasury IOUs out of thin air and sticking them in the program's trust fund. My point, of course, was to show that no matter how many Treasury securities there are in the trust fund - currently about $2...

December 24, 2010

Social Security in Perspective, Part III Proposals to change the

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Social Security in Perspective, Part III
Proposals to change the Social Security system have taken shape, and could foreshadow long-lasting effects on the program.

Don't trust the Social Security fund
The trust fund is nothing more than a fantasy for those who think it's a solid foundation for the nation's retirement.

December 21, 2010

Brief Clarifies Social Security s Value For Women Without Social Security,

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Brief Clarifies Social Security s Value For Women
Without Social Security, research indicates that about half of women age 65 and older would be living in poverty. With the program in place, the poverty rate for women falls to 12 percent. These facts paired with recommended future courses of action are presented in the latest installment of the Public Policy & Aging Research Brief series from the National Academy on an Aging Society, the ...

Social Security in Perspective, Part III
Proposals to change the Social Security system have taken shape, and could foreshadow long-lasting effects on the program.
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