Social Security is a solid base upon which fortunate workers have been able to build. It is unquestionably the most important source of retirement income for the nation’s working families, even those fortunate to have other assets. Nancy Altman, President, Social Security Works Though the wealthiest among us may not recognize Social Security’s importance to …

Continue reading Why Social Security works so well – and one way it doesn’t

Prior to Social Security, Americans inevitably found themselves unemployed, unable to continue to work as they aged.

Representative John B. Larson (D-Conn.) has introduced the Social Security 2100 Act For years, conservative fiscal hawks have claimed they want to ‘save’ Social Security through ‘reforms’ -- like privatization, raising the retirement age, and stingier COLA formulas -- that cut benefits for future retirees. Today, Rep. John Larson (D-Conn.) and more than 200 members …

Continue reading The Social Security 2100 Act holds huge promise for America’s future