Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

Social Security

Article Index

Trump Will Make Social Security Cuts If This Appointee Gets His Way

social security cuts

President Trump vowed several times while on the campaign trail not to make Medicare and Social Security cuts.

"Save Medicare, Medicaid, and Social Security without cuts. Have to do it," he said on the day he announced his presidential bid.

But one of the president's top legislative nominees is hell-bent on changing the POTUS' mind about that.

He promises "brutal honesty" to persuade Trump to make Social Security cuts...

What President Trump's Two Options Are with Social Security

Social Security

The fate of Social Security's financial future remains unclear as President Trump settles into the Oval Office.

We do know, however, that something must be done about the entitlement program's fate - and soon.

Here's a look at two controversial options the new POTUS will likely have to choose from to keep SS solvent...

Three Social Security Secrets the Government Doesn't Want You to Know

social security secrets

Social Security "secrets" can earn you money that you are entitled to receive - if you know how to find them.

The average American doesn't, and that's just what Uncle Sam wants.

We take a closer look at some of the most little-known tricks that the SSA doesn't want you to know about...

Three Social Security Secrets the Government Is Keeping from You

social security secrets

Social Security "secrets" can earn you money that you are entitled to receive - if you know how to find them.

The average American doesn't, and that's just what Uncle Sam wants.

We take a closer look at some of the most little-known tricks that the SSA doesn't want you to know about...

The Social Security COLA Increase for 2017 Is Out – and It's Paltry

Social Security COLA

The 2017 Social Security COLA will add a paltry $5 to beneficiaries' monthly checks - dangerous considering the Fed's targeted 2% inflation rate.

Here are the details...

Social Security: Study Finds Nearly Half of Baby Boomers Have No Retirement

Social Security

The Social Security trust fund is due to run out by 2034. That's only 18 years away.

Yet many baby boomers are still hoping to rely solely on SSI benefits then...

How Social Security Started

social security

It's important to understand how Social Security started. To date, Social Security is one of the biggest welfare programs we have.

Although it's over 80 years old, Social Security's purpose hasn't changed over the years. But it's future may be threatened.

And to understand why, all you have to do is look to the past...

Mad About Upcoming Social Security Cuts? Blame This Book…

Social Security cuts

Social Security cuts outlined by Congress last fall officially go into effect on May 1.

Here's how one famed economist accidentally tipped off Washington policymakers to draft their controversial bipartisan budget deal that cut several Social Security benefits...

One of the Most Profitable Social Security Benefits Is About to Disappear

social security benefits

Thanks to President Obama's new budget deal, married couples have one week to take advantage of one of the best Social Security benefits.

This benefit allows married couples to boost their retirement benefits by upwards of $60,000.

And Congress is taking it away just because it's too great to go on unchecked...

IRS Turns Blind Eye to Fake Social Security Numbers from Undocumented Immigrants

fake social security numbers

Illegal immigrants are using illicitly obtained or fake Social Security numbers to get jobs.

According to the IRS Chief, that's A-OK.

Here's precisely what he had to tell Congress...

3 of the Most Outrageous Social Security Fraud Schemes in Program History

Social Security fraud

Thousands of crooks commit Social Security fraud each year.

And it comes in many forms - payee abuse, fiduciary deception, fake disability claims. The list goes on.

Here's a look at three of the most outrageous examples that average Americans wound up footing the bill for...

The Biggest Reason Social Security Looks Like a Ponzi Scheme

Social Security

Social Security is unsustainable as it presently operates. The program's cash reserves are expected to diminish completely by 2035. And it may be past time to fix the problem.

Whatever the fate of Social Security, we can be certain of one thing: its initial design has failed us.

There are many who aren't surprised. They say Social Security is, and has always been, one big Ponzi scheme.

The idea isn't for folks in tinfoil hats...

There is real truth to the argument.

One needn't look much further than a new, infuriating report...

Former Reagan Advisor: Congress Just "Hatcheted" Your Social Security Benefits

GAVEL social security II

While it went virtually unnoticed, Section 831 of the House's new budget bill could radically change your Social Security benefits.

This change will affect the benefits that as many as 21.3 million Americans could be eligible for, instantly.

According to Larry Kotlikoff, former member of President Reagan's Council of Economic Advisors, "No retiree will ever again be able to feel their Social Security benefits are safe from some backroom, midnight, rushed change in rules that are designed to meet some budget target or accommodate some politician's whims."

There have been no public hearings and no public debate. And these changes will come to bear starting in less than two months -- on May 1...

How Social Security Was Rigged to Freeze Benefits – and What to Do Now

social security

There was no cost-of-living increase in Social Security benefits for 2016, just as there were none in 2010 or 2011. And retirees might not get an increase in 2017, either.

You see, the government has rigged the system to minimize increases in Social Security benefits.

We reveal how they did it – and explain how you can still boost your benefits this year…