When Will Social Security Run out of Money?
If you have been paying attention to the news, you’ve probably heard politicians talk about how entitlement programs are unsustainable and the need to make significant cuts in the future to keep them solvent. As our recent article shows, there is strong desire from the GOP led Congress to gut programs like Social Security and Medicare to help pay for the recent tax cuts and also reduce the federal deficit. Read More
March 21, 2018
What is the 2018 Social Security Payment Schedule?
If you would like to know when you'll get your Social Security checks in 2018, we can help. Each year, the Social Security Administration publishes a payment schedule so you know when your payment will be deposited in your account. The date the actual payment is made depends on your birthday. Read More
March 20, 2018
Should Social Security's Retirement Age Be Increased to 70?
The Social Security Trust Fund, which is the backup fund that is used to pay the balance of retirement benefits when there is a shortfall in revenue from payroll taxes is in trouble. According to a recent report by the Social Security Administration, the trust fund is on track to be run out of money in 2034. Read More
March 18, 2018
Is Donald Trump Cutting Social Security and Disability?
Rumors have reached fever pitch about Donald Trump's intentions with Social Security and Disability benefits. Several reputable publications, including the Chicago Tribune, Salon, and the LA Times, have reported that after successfully passing large tax cuts that largely benefit corporations and the wealthy, the White House and GOP led Congress are planning cuts to welfare, Medicare, Social Security and Disability. Read More
March 17, 2018
How Much Can I Earn and Still Collect Social Security?
Social Security Benefits is a very large part of total monthly income for may retirees. However, most seniors find that they have to continue to work to make ends meet, especially those who want an active, adventurous retirement. According to a 2015 AARP study, 49% of respondents said that Social Security income will comprise 40% or less of household income in retirement. Read More
March 16, 2018