Social Security

Funding Update - August 2010

Social Security has published their annual report.

They advised that Social Security should be able to pay full benefits through 2037 (and 75 percent of benefits through 2084).

That means they should pay full benefits for the next 27 years (2010-2037).

Looking at 2084, that's 74 years from now! That covers most of your kids, right?

But who believes what they have published? And the dozens of spins on the HUGE question of Social Security.

Who to believe? I don't really know.

I've copied a few sources below, I'm sure there are hundreds more out thre. You can click to read their stance on Social Security.

Nobody REALLY knows as anything can change, legislatively, any time! Right? Nothing in life is guaranteed. Period.

Anyways just passing this along. I welcome retiree comments on the bottom of this page!

The Huffington Post

The Foundry

The American Prospect 


Share your two cents on Social Security issues...

Do you have an experience to share with others? Your Social Security knowledge could help another retiree out there, or might give them a warning on what happened to you.

We all have different scenarios in life, and 'things happen', so please Share and help someone else out there...

Learn from others... Check out their Two Cents on Social Security Issues!!

Click below to see contributions from other visitors to this page...

Social Security and working at age 66 
can I work fulltime and get full ss at age 66?

Social Security - where is your proof? 
I applied for social security on my xspouse record..was married for 30 years and been divorced for 12..i am 62 and i was told that i could draw on his …

Early Withdrawal of x-spouses SS benefits verses taking my portion of his retirement 
Is x-spouse who is charge of retirement fully in charge of how he wishes to divide Social Security and Retirement Benefits? What are my choices. I am …

working and receiving retirement from soc. sec 
I am retired at age 62, can I still work part time and receive soc. sec. and how much can I earn without it affecting my retirement check from soc. sec …

Retirement Age 
I was retired by my company last June when the company was preparing to split into two separately traded public companies. I am entitled to a pension. …

Social Security Cost of Living Increase 
Why aren't we getting a social security raise? Wendy: WOW.. tough question! I wil refer you directly to the Social Security COLA website where …

Social Security: Direct Deposit 
Just changed to new bank, need to get in contact with ss office to have my check sent in january to new bank? Wendy: It looks like your own bank can …

SOCIAL SECURITY WITH PENSION PLAN 
I PLAN TO RETIRE AT AGE 68 FROM MY CITY JOB. I HAVE PAID INTO SOCIAL SECURITY ALL MY WORKING CAREER INCLUDING MY 20 YEARS WITH THE CITY. HAVING PAID …

Collecting Social Security at age 63 and working? 
I have heard that one may retire at age 62, continue working full time and be allowed to keep all wages earned (if) they are placed in an IRA and not touched …

Can he collect Social Security at age 63? 
My brother,age 63, has not worked for the past several years and now wants to try and collect social security. How does he go about this? Wendy's Reply: …

Working and Drawing Social Security
at age 64?
 
If you go over the limit you can earn, does SSI take half of what you earn over the limit or half of your SSI benefits after you go over the limit? …

Click here to write your own.



Wendy's other site... because Aging Matters!