Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
90% of Americans Plan to Claim Social Security Before 70: Survey
By Michael S. FischerThe choice not to wait for larger benefit payments is a deliberate one, the survey found.
August 02, 2023
New Bill Would Help Social Security Lump-Sum Recipients Avoid Tax HitThe bill would help SSDI recipients avoid a big tax bill when their benefits start.
August 02, 2023
The Big Thing Clients Don't Get About Social Security Spousal BenefitsMany clients (and some advisors) mistakenly believe they have a choice between their own benefit and their spouse's.
July 31, 2023
Would a Higher Social Security Claiming Age Boost the Economy?Projections show that one of the program's trust funds will run out of reserves by 2033, which would result in an immediate 23% benefit cut.
July 31, 2023
Social Security's Improper Payment Exchange Is Overdue, Lawmakers SayThe House Ways and Means Committee chairman says the SSA is already seven years late on implementing the program.
July 27, 2023
Why a 2024 Social Security COLA Under 4% Would Be Good News: MunnellThis would be much lower than previous years but reflects the fact that inflation is finally moderating.
July 26, 2023
Biden Picks Ex-Maryland Governor to Lead Social Security AdministrationThe seat has been open for more than a year.
July 25, 2023
An AI Chatbot Duped Social Security Staffers. The SSA Has Taken Notice.The SSA's Office of the Inspector General is seeking to both leverage AI and protect beneficiaries from its risks.