15 Social Security “things” You Can Do Online

My Comments: I don’t care if you are in your 20’s or late 80’s, this is good information. If you can’t get online for some reason, find someone who can get online and help you explore what the author has to say. I'm hoping there's something here you can take advantage of. That is, unless …

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Social Security And The COLA for 2020

Social Security was signed into law by President Roosevelt on August 14, 1935. It’s since become an ubiquitous part of the financial lives of virtually every American. COLAs, or Cost of Living Adjustments, started in 1950. But it wasn’t until 1972 that legislation provided that starting in 1975, automatic cost of living adjustments became normal. …

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3 Social Security Realities You Need to Face

My Comments: Despite it being criticized back in the 1930’s as a Socialist enterprise, Social Security today is a fundamental staple of the financial world we Americans take for granted. It’s so fundamental that for those of us who receive Social Security retirement benefits, few could sustain our existing standard of living without experiencing severe …

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More Social Security Facts

The current regime in the White House and Congress has provided ever increasing pressure on the economy by it's actions, among them the 2017 tax act and the trade war. As it happens, recent increases in the national debt is pushing us toward a crisis. Whenever crises happen, people for scapegoats. Some would have you …

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Claiming Social Security at Full Retirement Age

Under the current structure, the Social Security Administration allows someone with enough work credits to choose any one of 96 months to start their retirement benefits. Millions of retirees chose #1. This is the month they become age 62. The assumption is they have paid in for many years and wouldn’t it be nice to …

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Can We, and/or Should We, Fix Social Security?

Our existing Social Security system lives comfortably in the capitalist economic model we have here in the US. We can agree it has flaws which need to be addressed from time to time. The current flaw is that without some changes, it won’t be able to provide the financial safety net for older Americans that …

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10 Interesting Statistics About Social Security

My comments: The American Social Security system is designed, among other things, to keep older folks from having to sleep in the streets. As a child in 1950, I spent two years in India, courtesy of my father’s company who sent him there to train locals in the use of American made machinery provided to …

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