The Latest

2020 Social Security Trust Fund Projections

The Social Security Board of Trustees released on 4/22/2020, its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age…
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The Social Security 2100 Act

By Diane M. Wilson CFP®  January 20, 2020 The Social Security 2100 Act was introduced in Congress by Rep. John Larson (D-Conn.).  The suggested modifications provide the kind of changes we…
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Why raising Social Security’s ‘Full Retirement Age’ is a bad idea

  By ALICIAH. MUNNELL Published: May 17, 2017  Proposals to increase Social Security’s Full Retirement Age are beginning to resurface. The notion is that if people are living longer, they can work longer. But the…
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Social Security and SSI benefits increase 2.8% in 2019

By Diane M. Wilson CFP®  Social Security and SSI benefits increase 2.8% in 2019 accourding to the Social Security Administration.  The cost of living adjustment (COLA) was announced on October…
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Social Security is looking like a pretty good investment these days

Social Security is looking like a pretty good investment these days April 23, 2018 by Monique Orrissey  In 2005, President George W. Bush attempted to partially privatize Social Security. He centered his…
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Incorporating Behavioral Finance into Social Security strategies

Incorporating behavioral finance into Social Security strategies may be wise according to Michelle Zhou.  It turns out that the principles of behavioral finance are not limited to investment strategies. They…
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