February 18 is Valentine’s Day for millionaires, the day when last of the millionaires in the United States will stop contributing to Social Security for the entirety of 2019. The richer they are, the earlier their gift arrives: Based on his 2016 income, President Trump ceased contributing to Social Security just 40 minutes into the …

Continue reading Here’s How Much America’s Rising Income Inequality Is Costing Social Security

Senator Bernie Sanders (left), D-Vermont, and Rep. John Larson (right), D-Conn. have each introduced legislation to protect and expand Social Security. (Sanders photo: Phil Roeder via Flickr Creative Commons, https://flic.kr/p/yT4bRv, Larson photo: Wikimedia Commons) What's to like -- and what could be improved -- in Sen. Bernie Sanders' and Rep. John Larson's plans to protect …

Continue reading Making sense of the latest Social Security legislation in Congress

Nancy Altman, President, Social Security Works Numerous polls and surveys over recent years reveal that worry about not having enough money in retirement leads the list of Americans’ top financial concerns. A Gallup poll conducted last May, for example, reported that nearly six out of ten Americans – 58 percent – were very or moderately …

Continue reading Four things Congress shouldn’t do (and one it must remember) about Social Security