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Article Index

  • You'll Never Believe What's Become of All Your Social Security Funds
  • Proof the Social Security Trust Fund Is Just a Stack of IOUS in a West Virginia Filing Cabinet
  • The Social Security Trust Fund Is Just a Stack of IOUs in a West Virginia Filing Cabinet
  • Trump Will Make Social Security Cuts If This Appointee Gets His Way
  • What President Trump's Two Options Are with Social Security
  • Three Social Security Secrets the Government Doesn't Want You to Know
  • Three Social Security Secrets the Government Is Keeping from You
  • The Social Security COLA Increase for 2017 Is Out - and It's Paltry
  • Social Security: Study Finds Nearly Half of Baby Boomers Have No Retirement
  • How Social Security Started
  • Mad About Upcoming Social Security Cuts? Blame This Book...
  • One of the Most Profitable Social Security Benefits Is About to Disappear
  • IRS Turns Blind Eye to Fake Social Security Numbers from Undocumented Immigrants
  • 3 of the Most Outrageous Social Security Fraud Schemes in Program History
  • The Biggest Reason Social Security Looks Like a Ponzi Scheme
  • Should We Privatize Social Security?
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Will a Government Shutdown Affect Social Security?

By Money Morning Staff Reports, Money Morning - April 25, 2017

Will a Government Shutdown Affect Social Security?

Will a government shutdown affect Social Security?

There are a few answers to this question, depending on how long you've been retired and what kind of beneficiary income you collect.

Here's what to expect amid an Uncle Sam fiscal freeze...

You'll Never Believe What's Become of All Your Social Security Funds

By Casey Wilson, Associate Editor, Money Morning - April 19, 2017

social security secrets

The Social Security Fund every retiree is relying on is not what most Americans believe it is.

If you or someone you know is planning to retire on Social Security alone, you need to watch this...

Proof the Social Security Trust Fund Is Just a Stack of IOUS in a West Virginia Filing Cabinet

By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - March 31, 2017

Social Security

The true nature of the so-called Social Security Trust Fund would shock most Americans.

All 2.85 trillion of it was spent years ago. The money was replaced with "special obligation bonds" - a fancy word for debt - which are stored in a lonely filing cabinet in Parkersburg, W.Va.

While the Social Security Trust Fund was building, the fact that it's nothing but debt wasn't an issue.

But in 2020, that's going to change...

The Social Security Trust Fund Is Just a Stack of IOUs in a West Virginia Filing Cabinet

By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - March 31, 2017

Social Security

The true nature of the so-called Social Security Trust Fund would shock most Americans.

All 2.85 trillion of it was spent years ago. The money was replaced with "special obligation bonds" - a fancy word for debt - which are stored in a lonely filing cabinet in Parkersburg, W.Va.

While the Social Security Trust Fund was building, the fact that it's nothing but debt wasn't an issue.

But in 2020, that's going to change...

The Biggest Myth About Funding Social Security Today

By Ashley Moore, Associate Editor, Money Morning - March 22, 2017

Social Security Today

Don't fall for the biggest myth about Social Security today.

If you rely on the taxes you pay into Social Security in your golden years, you will run out of money in 14 years.

Here is everything you need to know to protect your income in retirement...

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

By Money Morning Staff Reports, Money Morning - March 9, 2017

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

By Money Morning Staff Reports, Money Morning - January 30, 2017

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

By Casey Wilson, Associate Editor, Money Morning - December 20, 2016

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

By Casey Wilson, Associate Editor, Money Morning - December 20, 2016

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

By Money Morning News Team, Money Morning - October 21, 2016

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

By Money Morning Staff Reports, Money Morning - July 8, 2016

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

By Cameron Saucier, Associate Editor, Money Morning - May 2, 2016

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...

By Money Morning Staff Reports, Money Morning - April 27, 2016

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

By Money Morning Staff Reports, Money Morning - April 22, 2016

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

By Money Morning Staff Reports, Money Morning - April 13, 2016

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...

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