No Social Security? In an ideal world, everyone would save money so they could take care of their own retirement. Forty years ago, when I started writing this column, I thought lots of personal saving was a great idea. Proposals to "reform" and "modernize" Social Security are particularly horrible for younger U.S. workers. The current proposal to reform Social Security only rearranges the distribution of benefit cuts workers face when the Social Security Trust fund is depleted in 2034. If any exercise deserves to be described as "rearranging deck chairs on the Titanic," it is this "reform" of Social Security. Less spending means reduced employment, lower tax collections and more federal debt. Without a corporate pension or personal savings, the only asset they'll have will be their house - if they are homeowners.
No Social Security? That Would Be Ugly
By Scott Burns, Houston Chronicle: Business
Tue, 01/17/2017 - 5:43pm
BING NEWS:
- Thousands of People Removed From Social Security
T he number of people who received federal payments from the Social Security Administration declined by about 13,500, data from the agency showed.
04/19/2024 - 12:52 pm | View Link - How do I apply for Social Security for the first time?
To start, you must be at least 61 years and 9 months old and want your benefits to start in no more than four months, according to the Social Security Administration (SSA). You can apply online or by calling 800-772-1213 (TTY 800-325-0778). The SSA also schedules in-person appointments at local offices.
04/18/2024 - 5:01 pm | View Link - More
- Apply for Retirement Benefits | SSA
If you’ll turn 65 within three months, you can use our online application to apply for Medicare and Social Security retirement benefits at the same time, or you can use it to apply for just Medicare. To learn more about your Medicare options, review our section on Medicare Benefits.
04/19/2024 - 1:28 pm | View Website - Apply for Social Security Benefits | SSA
Supplemental Security Income. Supplemental Security Income for Disability You're blind or have a disability. And it's hard to pay for essentials like food, clothing, and a home. Supplemental Security Income for Age 65+ You’re 65 or older.
04/19/2024 - 5:00 am | View Website - The United States Social Security Administration
my Social Security. Check out your Social Security Statement, change your address & manage your benefits online today.
04/19/2024 - 3:55 am | View Website - Retirement Benefits | SSA
Social Security is part of the retirement plan for almost every American worker. It provides replacement income for qualified retirees and their families. This section of our website helps you better understand the program, the application process, and the online tools and resources available to you.
04/19/2024 - 3:12 am | View Website - Benefits | SSA
If the unexpected happens, Social Security may be able to help. We pay disability benefits to those who can’t work because they have a medical condition that’s expected to last at least one year or result in death. Find out how Social Security can help you and how you can manage your benefits. LEARN MORE
04/19/2024 - 3:05 am | View Website - More
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