My Comments: Short and sweet. Sean Williams / Jan 29, 2017 For more than 75 years the Social Security program has protected the financial well-being of our nation's retired workforce. Today, more than 41 million retired workers are receiving monthly benefit checks from Social Security, a majority of whom need that income to meet their …
Category: Social Security
Social Security Is Failing Because the Program Is Antiquated
My Comments: This is far and away the most coherent overview I’ve read that addresses the problems faced by Social Security going forward. Now we have to convince the politicians that it’s in everyone’s best interest to take remedial action. Sean Williams \ Apr 8, 2017 \ https://tinyurl.com/y8qnxfny The data doesn't lie: a majority of …
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Avoid These 6 Social Security Claiming Mistakes
My Comments: I’ve yet to find anyone who fully understands Social Security. Especially among working class Americans whose future standard of living will depend to some degree on the benefits they receive from Social Security. And I readily admit to being one of those people. Sometimes, it’s just helpful to understand the mistakes to be …
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Social Security Taxes
My comments: Social Security is under threat. It’s running out of money. Sort of. Back in 1983, under President Reagan, Congress made some changes as, like now, the future of the program looked cloudy. They increased the age at which you qualified for full benefits, they increased the percentage of earned income you paid into …
Attention, Seniors: A New Social Security COLA Bill Was Just Introduced in Congress
My Comments: This might be good news if it wasn’t so unlikely to happen. Sean Williams | Mar 18, 2017 According to the January snapshot provided by the Social Security Administration, nearly 41.4 million retired workers are receiving a monthly benefits check from Social Security totaling an average of $1,363. While that may not sound …
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The Big Problem With Democrats’ and Republicans’ Social Security Proposals Is They’re Both Right
My Comments: We long ago decided as a society that letting huge swaths of our population, the elderly, suffer and die early was not in our best interest. This premise has been part of the fabric of every society for millions of years. In the 1930’s it was decided that it was not enough to …
Social Security Taxes
My comments: Social Security is under threat. It’s running out of money. Sort of. Back in 1983, under President Reagan, Congress made some changes as, like now, the future of the program looked cloudy. They increased the age at which you qualified for full benefits, they increased the percentage of earned income you paid into …
Your Local Social Security Office: Who Can Help
My Comments: There are a lot of good people working for the Social Security Administration. It’s just that some of them are not equipped to answer your questions. This leads to frustration and sometimes making the wrong choices. Here’s an article that might be helpful if you have questions of them and need the right …
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How to Have a Comfortable Retirement on Social Security Alone
My Comments: Some of the folks who attend my workshops on SS benefits planning reveal that they have virtually no other resources to fund their retirement. That’s a challenge, especially for those whose lives were spent in physical labor of some kind and simply can’t continue working that way. There is real pain in their …
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How To Maximize Your Social Security Benefits
My Comments: Sometimes simple is better, much better. I found these words recently and am sharing them here since so many people are now making the transition to retirement. It’s a stressful time for a lot of reasons and the more you understand the financial dynamics involved, the less stressed out you’ll be. January 11, …
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