Supposedly a $300 billion contribution gift is being made to Iran. It is coming from somewhere just like the tax breaks.. Supposedly it is not coming from the United States. Given the past experiences with Trump, it is hard to not believe this is coming from US Taxpayers. What if US taxpayers footing the bill. […]
Yesterday, Senator Ron Johnson (R-WI) called Social Security a ‘forced retirement program’ and said workers’ payroll contributions should be gambled on Wall Street. My senator, Sheldon Whitehouse (D-RI) proposed adjusting the payroll wage cap so that people making over $400K per year begin paying their fair share — a “win-win.” Let’s take each of these […]
Part Three of a commentary (broken into parts) about Social Security. Dale Coberly discusses with AI (Artificial Intelligence) Social Security. The topic about Social Security? How it can be saved as it is today without major cuts to it. This is really hard to discuss with people. Many believe it would take a vast amount […]
For years, Dale Coberly posted on AB about Social Security, separating myth from reality and reminding readers of the reality. Dale stopped posting here a while ago, so I’ll take up where he left off. I still see folks claiming that Congress “stole” Social Security, that SS is a Ponzi scheme and that SS is […]
I started taking Social Security in March, just after I turned 70. I was born in the mathematical middle of the baby boom. What does SS look like for my fellow boomers? “The average Social Security benefit for people at age 65 is $1,583 per month, according to the Social Security Administration. For men, the […]
My university offers tenured faculty over the age of 60 two retirement options: (1) a buyout, where the faculty gets a full year’s worth of salary and benefits in exchange for immediate retirement and (2) phased retirement, where the faculty can choose reduced salary (70%, 50% or 30%) with reduced responsibilities for up to five […]
“The 2026 COLA is likely to be 2.7%, according to a recent projection by The Senior Citizens League. That’s a notch above this year’s COLA of 2.5%, which bumped up the average monthly benefit by roughly $50 for retired workers, and applies to more than 70 million retired senior citizens and disabled workers.” But does […]
City workers in NYC are getting a raw deal or some would call it a better deal (if you are the city) on healthcare when one retires. There must be some type of deal going on here. Medicare Advantage does have its coding issues and smaller sources of healthcare places a member can go to. […]
I’m certainly not paranoid and I’m no fan of conspiracy theories. But scheerpost.com makes a compelling case for the fear that the Trump Administration is opening the door to a private equity takeover of Social Security. They’ve certainly recruited the team to do it. “Again, per Bloomberg, private equity has just gained a “beachhead” in […]
President Musk recently called Social Security a “Ponzi Scheme.” He’s hardly the first to repeat this lie, but he and his mini-me’s in DOGE have painted a target on Social Security. I’m sorry it’s necessary to explain this again, but we are being lied to. Here are the facts about Social Security. • No, it’s […]