Social Security Administration

• Pensions, Social Security Face Challenges

  By Melanie Waddell, AdvisorOne  |  September 1, 2009

  Pension plans' funded status and the outlook for Social Security continue to appear bleak. A new study by global consulting firm Mercer has found that after...

• Boomer unemployment triggering Social Security applications

  By Staff Writer  |  June 1, 2009

  Struggling to bridge income between jobs, an increasing number (more than expected) of eligible baby boomers are signing up for Social Security. Social Security applications are...

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  Early retirement surge underway

  By John Sullivan, AdvisorOne  |  May 28, 2009

  You read the headline right. In a scary development, the Social Security Administration reports a surge in benefit claims due to the economic downturn. We...

• Social Security's underfunding - what does it mean for boomers?

  By Staff Writer  |  May 13, 2009

  Social Security trust fund reserves are supposed to be dry by 2037, according to a report released Tuesday by The Social Security Board of Trustees....

• Social Security draining faster than expected

  By Staff Writer  |  May 12, 2009

  The Social Security Administration confirmed Tuesday Social Security and Medicare funds are depleting at a rate faster than expected. Lawmakers are urging major reform of the...

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  Retirement Income Outlook

  By Ed McCarthy, CFP  |  April 8, 2009

  While there's les than sunny news these days when it comes to retirement-income planning, the "crisis" might not be as widespread as reported, says a new report by Andrew G. Biggs of the American Enterprise Institute in Washington, D.C.

• SSA not ready for retirement flood

  By Staff Writer  |  April 1, 2009

  The U.S. Government Accountability Office is worried the Social Security Administration won't be able to handle both the increase in claims and the wave of...

• Proposed bills aim to rehire government retirees

  By Staff Writer  |  February 26, 2009

  Two bills introduced this week would help government agencies bring back and retain retirees. The bills, introduced by Sens. Herb Kohl, Susan Collins and George Voinovich...

• Social Security Administration braces for wave of boomers, lack of staff

  By Staff Writer  |  February 10, 2009

  The Government Accountability Office (GAO) has addressed concern over the Social Security Administration's (SSA) ability to offer satisfactory service in the wake of a significant...

• Benefits increase for Social Security disability recipients - good news for boomers this year, but what happens in 2010?

  By Staff Writer  |  January 23, 2009

  The largest cost-of-living adjustment (COLA) in 25 years for Social Security recipients this year means boomers with disabilities are also reaping the benefits. However, projections...