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The Misconceptions Millennials Have About Social Security

The Misconceptions Millennials Have About Social Security

On August 14, 1935, the US federal government launched its social insurance program to provide retirement, disability, and survivor benefits. Since that time, in part due to the disappearance of extended family networks, an increase in population, and a profound…

Are Medicare and Social Security at Risk of Insolvency?

Are Medicare and Social Security at Risk of Insolvency?

A government study found that Medicare and Social Security are at risk of collapse. Unless action is taken, Social Security will exceed its income by 2020, whereas Medicare is projected to exceed its hospital insurance fund by 2026. Social Security…

The Windfall Elimination Provision Explained

The Windfall Elimination Provision Explained

The Windfall Elimination Provision (WEP) may decrease your SSA benefit if you receive a pension from an employer that did not pay social security payroll taxes. How can you know if this is your situation? Your social security statement does…

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