Tag: Social Security actuaries
I would argue for moderation. I usually have a strong opinion on issues in my sphere, but have been going back and forth about one component likely to be in any package to fix Social Security – namely, increasing the taxable wage base. Some increase in the wage base is almost inevitable because growing wag…
Despite numerous caveats, the Actuaries’ estimates of returns convey the right message. Each year, the Social Security actuaries issue a report on the internal real rate of return that individuals and married couples would have to earn on their payroll tax contributions in order to cover their promised disability and retirement benefits. These numbers, which are based…
