Archive for April, 2009
Is the Social Security Trust Fund technically broke?
Kerby Anderson: Although politicians talk about the Social Security Trust Fund, the reality is that it is neither. There is no trust and there really is no fund. Each Congress has spent the surpluses that were supposed to be set aside for when the baby boom generation began to retire. Economist Kevin Hassett found something [...]
Should I retire at age 62 or 63?
Senior Citizen: If I start my retirement benefits at age 63, is the amount I would get the same as age 62?
Social Security Representative: I like to use this question here because the answer is something that most people should just kind of understand, but sometimes people get pension systems mixed up. Social [...]
Privatize Social Security?
Mr. Bob O’Brien: Hi, welcome to myWealth.com. I’m Bob O’Brien. I’m one of the senior instructors with the courses. Welcome to the blog for the day, “Why is it time to privatize Social Security?”
And this has always been a very controversial topic, privatize Social Security, leave it as it is and so forth, and [...]
Online Application for Social Security Retirement Benefits
Senior Citizen: What type of information will I need to complete my online application for retirement benefits?
Social Security Representative: This is a good time with that last question about retirement age because we’re really encouraging individuals to take advantage of the fact that we have improved our computer access that individuals can go [...]
Economics Professor: Get the Government out of Social Security
Economics professor and author Robert Higgs gives his insight on Social Security and why the government should not be the one handling it.
Caller: “My wife actually hails from Oklahoma, so it’s interesting to hear that you lived with her. And we live in Central Valley, you know. But I’m curious, I’ve been [...] for 25 [...]
Social Security Reform
Raymond Clum, who is running for the Republican Nomination for President of the United States in 2012, has an interesting proposal for Social Security reform.
Raymond Clum: “Hello, my name is Raymond Clum and I approve this message. I’ll spend some time since we’ve been talking about Social Security reform. It’s a pretty dry topic. I [...]
Real Estate Investors Pay No Social Security and Medicare Taxes?
“Now, what about Social Security and Medicare taxes? Well, my friends, we don’t pay those either, ever. Why? Because those are ignorance taxes. You see, what do I mean by ignorance taxes? You have to pay to be ignorant enough to have a job to pay earned or to pay ignorance taxes. Social Security and [...]
Social Security Retirement Planning
“I’m just curious. How many people think we should delay Social Security as long as possible? A few folks. You’ve seen my talk before? How many think to take it as early as possible. A few folks. Okay.
And actually, the answer… there is not a single answer here. It is a personal decision like we [...]
Social Security Stimulus Check – Frequently Asked Questions 2/2
Will the Social Security stimulus check count as gross income for federal income tax purposes?
No, it will not.
What must I do to receive my Social Security stimulus payment?
No action is necessary. The Social Security Administration has all the information they need to get your payment to you.
Will I receive a stimulus check if [...]
Stimulus Checks for Children
Are children who receive Social Security benefits eligible for the one-time Social Security stimulus check?
No, children under the age of 18 (19 if still in high school) who receive Social Security benefits are NOT eligible for stimulus check. However, disabled adult children will receive a payment.
Are children who receive SSI benefits eligible for the [...]
