Why a (Social Security) COLA Might Be Too Sweet

With Social Security COLAs (Cost-of-Living-Adjustments) soaring, we wind up with a wage mismatch that accelerates funding problems.

How Did the Pandemic Make Social Security Sicker?

While the financial future of Social Security has been shaky for awhile, now, the pandemic has accelerated the trend.

How COVID-19 Affects Social Security’s Health

According to a University of Pennsylvania economist, just three questions can serve as a barometer of financial literacy. Do give them a try. I’ve listed the correct answers at the end of today’s post: As a pension expert, Wharton School…

The Huge Social Security Contradiction

Because saving Social Security takes us to a conflict between math and politics, the Congress has has a tough time selecting solutions.

Why Grandma is Smiling

A Social Security shortfall will create tradeoffs between the generations that get more than they paid to the system and others that get much less.

How Social Security Is in Worse Shape Than We Think

Twice last year– during February and August–we shared six facts about Social Security. Now, disagreeing with the Social Security Trustees 2018 Report, economists at the University of Pennsylvania suggest the program is in worse shape than we think. Social Security…

Why the Social Security Crisis Has Begun

Caused by aging baby boomers, expanded criteria and the remnants of the great recession, SSDI entitlement spending is approaching insolvency.

Will You Get Your Social Security Benefits?

The 2014 Social Security Trustees Report says that after we deplete the remains of the program’s trust funds in 2033, payroll taxes will not provide all promised benefits.