Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
CBO on Social Security: Pay Now or Cry Later
By Allison BellCongressional Budget Office officials have tried once again to suggest that the United States should adjust Social Security to increase the odds that the program will deliver the promised benefits.
June 27, 2010
G-20 Leaders Try to Balance Debt, StimulusStatement calls for reduction in debt-to-GDP ratio
June 25, 2010
Proposed SS Cuts Would Cost Seniors Plenty: StudyThe Senior Citizens League says that a proposed 1% cut in the cost-of-living adjustment for Social Security would cost seniors over $50,000 throughout a 25-year retirement.
June 18, 2010
Senate Passes Pension Rule Provisions (Update)The Senate agreed unanimously today to pass a version of H.R. 3962 that would ease pension funding rule changes sought by employer groups and reverse a 21% cut in Medicare and military health plan physician reimbursement rates.
June 16, 2010
NAIC To Evaluate RMBSThe National Association of Insurance Commissioners plans to conduct a mid-year update on the credit quality of insurers' residential mortgage-backed securities holdings.
June 11, 2010
Unum Posts Social Responsibility UpdateUnum Group Corp. gave $6.6 million to charities in 2009, up from $6 million in 2008.
June 11, 2010
Milliman Sees Pension Funding FallDefined benefit pension plans saw asset decreases of $41 billion and liability increases of $14 billion in May, the steepest decline in pension funding status in almost a year, Milliman Inc., Seattle, reports.
June 11, 2010
Weekend Interview: Former Treasury Secretary Paul O'NeillO'Neill's view on Greece, U.S. spending and how we could find $1 trillion to fund health care.