Tag: Social Security finances

Serious grey haired mature couple calculating bills, checking finances together

Social Security is really important for older Americans.  Every now and then, I am asked how dependent people are on Social Security. That’s actually an important question, given recent proposals for restructuring the program and concerns that the program is simply too big.  Fortunately, the Congressional Research Service recently reported on the importance of Socia…

United States capitol in Washington DC with a Social Security card and money

How demographics and recent tax laws are squeezing Social Security. This year’s Social Security Trustees Report took a major step towards offering a more realistic assessment of Social Security’s financial status as the Trustees recognized that the fertility rate is not likely to rebound and that lower immigration and the GOP tax law known as…