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Social Security Benefits

AARP Wants Congress To End Payroll Tax Holiday

The Huffington Post | Arthur Delaney | Posted 10.18.2012 | Politics

One of the most powerful lobbying forces in Washington on Thursday urged Congress not to continue a payroll tax cut next year. AARP, the seniors ad...

Gender Inequality In Workplace Follows Women Into Retirement

Posted 12.17.2012 | Politics

The average female retiree on Social Security gets a monthly benefit $300 smaller than the average male retiree. Because retirement benefits are tied ...

If You're Looking For A Big Boost In Your Social Security Check, Keep Looking

AP | STEPHEN OHLEMACHER | Posted 12.15.2012 | Business

WASHINGTON — Social Security recipients won't be getting big benefit increases next year, but the small raises they will receive are playing an ...

Mr. President: Tweak This!

C.A. Rotwang | Posted 10.10.2012 | Politics
C.A. Rotwang

Remember, we're doing this for the children! Kids, you pay more, get less, and the program is "stronger" and more "modern." So how big are these so-called "tweaks"?

Cops: They Cashed In On Mom's Death For 30 Years

The Huffington Post | Ron Dicker | Posted 09.26.2012 | Money

Marie Jost of Wisconsin has been missing for 30 years. But that has not stopped relatives from allegedly cashing her Social Security checks, reports s...

Ten Social Security's Nasty Gotchas

Laurence J. Kotlikoff | Posted 11.20.2012 | Money
Laurence J. Kotlikoff

Over the years, the rules governing Social Security benefit determination have become so convoluted and indecipherable that even the people working at the local Social Security offices routinely get things wrong.

Hey, Mitt Romney, We've Earned Our Social Security and Medicare!

Barbara J. Easterling | Posted 11.19.2012 | Politics
Barbara J. Easterling

Mitt Romney and Paul Ryan are the most anti-senior ticket ever.

Why Social Security Is Edging Towards The Brink

AP | STEPHEN OHLEMACHER | Posted 11.12.2012 | Business

WASHINGTON (AP) — Social Security is so overwhelmed by disability claims that some officials are awarding benefits without adequately reviewing appl...

Social Security Statements Now Available Online

Jason Alderman | Posted 11.06.2012 | Money
Jason Alderman

When Social Security calculates your benefits you could be shortchanged; or, if your earnings were over-reported, you could end up owing the government money.

Social Insecurity -- Your Investment Is No Retirement Plan

Ike Ikokwu | Posted 11.05.2012 | Money
Ike Ikokwu

My advice, at least for those of us still in the workforce, is this: If you're planning on Social Security to be your main retirement income, don't.

Social Security Keeping Many Americans Afloat

Posted 11.05.2012 | Politics

One of every three Americans over 65 depends on Social Security checks to stay above the poverty line. Without these benefits, the poverty rate among ...

How to Verify Your Social Security Benefits

Jim T. Miller | Posted 10.28.2012 | Fifty
Jim T. Miller

The best way to keep an eye on your Social Security benefits and avoid any possible mistakes is to carefully review your Social Security statement, which you can now do online.

When To Take Social Security To Maximize Benefits

Jeremy Kisner | Posted 10.21.2012 | Fifty
Jeremy Kisner

Never has there been a financial decision that more people have screwed up than when to claim social security benefits.

Political Hurdles Prevent Social Security Fixes

AP | STEPHEN OHLEMACHER | Posted 10.19.2012 | Politics

WASHINGTON — Despite Social Security's long-term problems, the massive retirement and disability program could be preserved for generations to c...

As Social Security Turns 77, the Most Successful Program in American History Is Under Fierce Attack

Sen. Bernie Sanders | Posted 10.14.2012 | Politics
Sen. Bernie Sanders

In these highly volatile economic times, when millions of Americans lost their life savings in the 2008 Wall Street crash, it is important to remember that since its inception, through good economic times and bad, Social Security has paid every penny owed to every eligible beneficiary.

Benefits Breakdown Reveals Social Security Surprise

Posted 10.07.2012 | Politics

Thirty-six percent of Social Security recipients are not retired workers, but children, the disabled, or spouses and survivors of workers. Almost one ...

Thomas Jefferson Is Rolling In his Grave -- a Rant On Social Security's Complexity

Laurence J. Kotlikoff | Posted 10.06.2012 | Money
Laurence J. Kotlikoff

President Obama and Mitt Romney would do well to point out that having our primary system of saving be an institution that neither Democrats nor Republicans can figure out and which can't pay a very large chunk of its bills going forward is doing no one any good.

Alarming Number Of Americans Die Without Money

The Huffington Post | Bonnie Kavoussi | Posted 08.06.2012 | Money

Nearly one in two Americans -- 46 percent -- die "with virtually no financial assets," or less than $10,000, according to a recent study by economics ...

Is Social Security Still Worth It?

AP | STEPHEN OHLEMACHER | Posted 10.05.2012 | Business

WASHINGTON (AP) — People retiring today are part of the first generation of workers who have paid more in Social Security taxes during their careers...

Those (Us) Greedy Boomers

Jared Bernstein | Posted 09.30.2012 | Politics
Jared Bernstein

Bill Keller seems to think that boomers, particularly affluent ones, should stop being so self-centered and accept lower benefits in Social Security and Medicare. But if that's your view, you shouldn't write a piece like his this week without pointing certain things out.

Retirement Is Golden for the Rich, Ominous for the Rest

Michael Sigman | Posted 09.29.2012 | Fifty
Michael Sigman

In better times, ordinary Americans could have fun thinking through their work options with the help of the best-seller What Color is Your Parachute? These days, their parachute is gray or black -- and made of lead.

When Should I Take Social Security -- a "Simple" Formula

Laurence J. Kotlikoff | Posted 09.17.2012 | Politics
Laurence J. Kotlikoff

Some 78 million baby boomers are poised to make one of their most important financial decisions of their lives, namely when to take Social Security benefits. Deciding is no picnic.

Texas Man Allegedly Steals $200k Cashing In Dead Mom's Social Security

The Huffington Post | Alexander Eichler | Posted 07.03.2012 | Money

Willie Mae Shaughnesy died in 1984, according to Texas state records. But that didn't stop the government from sending her Social Security checks, and...

25 Social Security "Secrets" All Baby Boomers and Millions of Current Recipients Need to Know

Laurence J. Kotlikoff | Posted 09.01.2012 | Money
Laurence J. Kotlikoff

Unfortunately, Social Security has some very nasty "gotcha" provisions, so if you take the wrong benefits at the wrong time, you can end up getting the wrong, as in smaller, benefits forever.

Gen X and Social Security: Will We Choose to be Cynical or Practical?

Kristin Maschka | Posted 08.20.2012 | Money
Kristin Maschka

If Gen X can set aside our cynicism, embrace our strength for commonsense solutions and turn that into a political voice for a practical and equitable answer to the funding gap, this is one "disaster" we have the power to prevent.