Social Security

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  Social Security Payouts Will Dry Up in 2033: Trustees Report

  By Melanie Waddell, AdvisorOne  |  May 31, 2013

  While Social Security and Medicare are meeting their commitments today, and will continue to do so in the years ahead, “these programs face long-term challenges,” Treasury Secretary Jack Lew said.

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  Time Is Running Out for Social Security’s File and Suspend—Cash In Now

  By William H. Byrnes, Esq., Robert Bloink, Esq., LL.M.  |  May 3, 2013

  Looming changes to the Social Security system meant to shore up its pending insolvency have renewed the urgency of maximizing benefits for high-net-worth clients.

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  T. Rowe Social Security Calculator Shows Strategies to Boost Benefits

  By Joyce Hanson, AdvisorOne  |  April 22, 2013

  T. Rowe Price's Benefits Evaluator helps advisors calculate the goals-based annual dollar amount that clients stand to claim from Social Security under a variety of scenarios.

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  When to Begin Social Security? Even Advisors Aren’t Sure

  By John Sullivan, AdvisorOne  |  March 28, 2013

  Here's a scary thought: Social Security is the largest source of retirement income for most Americans. Just as troubling is the confusion over when to start taking it.

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  How to Fix Social Security While Averting Fiscal Ruin: Pozen

  By Joyce Hanson, AdvisorOne  |  February 5, 2013

  Bob Pozen knows how to fix Social Security, even after the United States falls off the new fiscal cliff—and the U.S. will fall, on March 1 to be exact, he says.

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  Americans Would Pay Higher Taxes to Preserve Social Security

  By Melanie Waddell, AdvisorOne  |  February 4, 2013

  In fact, three-quarters of respondents to a National Academy of Social Insurance poll said benefits should be increased.

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  Demographic Nightmare: Boomer Retirement Disaster Looms

  By Joyce Hanson, AdvisorOne  |  January 17, 2013

  "We’re living into our 80s, 90s and 100s," says Wilmington Trust's Kathryn Karlic. "We’ll have four generations around a single pocket of wealth, with 80-year-old women taking care of their 100-year-old parents."

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  Social Security’s Old Forecasting Method Hides New Time Bomb, Researchers Say

  By Gil Weinreich, AdvisorOne  |  January 8, 2013

  Two researchers argue that the Social Security Administration is using outdated methods to project longevity and therefore understates the system’s shortfall by two years.

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  The Numbers Don’t Lie: Boomers Nervous About Health Care, Social Security

  By Bob Seawright  |  November 21, 2012

  The 2012 Retirement & Politics Survey by Allianz has found that “transition boomers”—people between the ages of 55 and 65 who are less than 10 years away from retirement—see rising health care costs and Social Security as having the greatest impact on their retirement outlook.

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  Baby Boomers Unprepared for Retirement, MFS Survey Finds

  By Marlene Y. Satter, AdvisorOne  |  November 14, 2012

  Even though they don’t really believe it will be there to provide them benefits throughout their retirement, many baby boomers are looking to Social Security to provide a major part of post-retirement income and have failed to save or plan adequately for a jobless future.