Post Tagged with: "Social Security"

Personal Ownership to Solve a Major Financial Crisis

Personal Ownership to Solve a Major Financial Crisis

Whether we’re talking about state governments or the federal government, it’s time to move government programs into the 21st century. This means giving individuals control over their own lives and resources through private ownership. This will create individual wealth and solve our government fiscal crises.

Read more ›
Social Security Headed for Substantial Cuts in 13 Years

Social Security Headed for Substantial Cuts in 13 Years

Social Security has been called a Ponzi scheme because it is not an investment program. The taxes paid by those currently working pay the retirement benefits of those currently retired. But this scheme has become increasingly unviable as our population has changed and aged.

Read more ›
Social Security and Your Safe Withdrawal Rate

Social Security and Your Safe Withdrawal Rate

The best time to file for Social Security depends on the ages and income histories of both husband and wife. That being said, filing for Social Security at age 70 or at least after age 66 is usually best.

Read more ›
Preventing Social Security from Costing You Your Firearms

Preventing Social Security from Costing You Your Firearms

The Obama administration has proposed new regulations to use the Social Security Administration’s databases to ban as many as 4.2 million current Social Security recipients (and unknown millions more in the future) from owning guns, in what the National Rifle Association has called “the largest gun grab in American history.”

Read more ›
Social Security: To Draw or Not to Draw? That is the Question

Social Security: To Draw or Not to Draw? That is the Question

Should I sign on the dotted line and let Social Security pay back my student loans as the serpent of socialism eats its own tail?

Read more ›
Christie’s Social Security reform hurts America, particularly minorities

Christie’s Social Security reform hurts America, particularly minorities

Some are touting New Jersey Gov. Chris Christie’s proposal to take an ax to Social Security as an act of bold political leadership. Sorry, I see the opposite. America needs leadership to replace old dysfunctional baggage with new programs and ideas fitting for a free 21st-century country.

Read more ›
President Obama Doesn’t Want to Know About Fraud

President Obama Doesn’t Want to Know About Fraud

I help senior citizens to correct bill errors to save money and protect their identities. On January 5, 2015, I helped a client phone the Social Security Inspector General’s Fraud Hotline. The recording told us that there would be a 32 minute wait before we could talk to anyone. Such a delay is a roadblock that discourages reports of fraud.

Read more ›
Why Social Security Hurts Society and Isn’t Secure

Why Social Security Hurts Society and Isn’t Secure

In 2013, Social Security ran a $71 billion deficit. This means there have been four years of consecutive cash-flow deficits, which means that the inflow is less than the outflow. According to the 2014 annual report from the programs’ trustees, the combined 75-year unfunded obligation of the Social Security and Disability Insurance Trust Funds (referred to collectively as the OASDI Trust Fund) is $13.4 trillion.

Read more ›
Jesus on Elder Care

Jesus on Elder Care

Thursday was Thanksgiving, a time when traditionally families come together for a meal and hopefully to enjoy one another’s company. However, some financial analysts are predicting a war, here on the ground in America; a financial war between the generations, a war over how to pay, or even if to pay for the promises that have been made.

Read more ›
The Larceny Is Larger than You Think!

The Larceny Is Larger than You Think!

Last week the mayor of Houston enraged many Christians when the city subpoenaed the sermons of some Houston area pastors. This got me to thinking…Suppose you wake up tomorrow morning, walk downstairs and find a thief in your living room rifling through your furniture.

Read more ›