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Posts on Retirement Security
October 6, 2017

The full House and the Senate Appropriations Committee have passed woefully inadequate funding plans for operating the Social Security Administration (SSA), which...

Senate Budget Proposal Would Deeply Cut Social Security Administration Funding for 2018
August 14, 2017

Today is Social Security’s 82nd birthday.  We’ve updated our backgrounder on Social Security’s significant impact and a related analysis of its benefits. In June 2017, over 60 million people collected...

Social Security is Especially Beneficial for Women
August 1, 2017

Sixty-one years ago today, President Eisenhower signed a bill creating Social Security Disability Insurance (SSDI). Many Americans don’t know much about this vital program — even though, by working, they’re earning coverage that protects them against financial ruin if they become too sick or hurt to support themselves. We’ve updated our SSDI...

Disability Rates Rise With Age
April 17, 2017

While Social Security provides a foundation of economic security for people at all income levels, new research from the Social Security Administration (SSA) illustrates its importance for those in the middle. Among beneficiaries over age 65:

Social Security is the main source of...
Social Security: Main Source of Retirement Income for Most Middle-Class Beneficiaries
February 8, 2017

President Trump has directed the Labor Department to review an Obama Administration rule requiring financial advisers to put their clients’ interests first. The directive will likely delay, and possibly derail, this...

Wall Street
November 4, 2016

Older Americans are working longer and claiming their Social Security benefits later, new research from the Social Security Administration shows. 

Social Security recipients can begin to claim retired-worker benefits any time between ages 62 and 70.  The earlier they claim them, the smaller their monthly benefit...

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June 9, 2016

The 2017 funding bill for the departments of Labor, Health and Human Services, and Education that the Senate Appropriations Committee approved today would continue squeezing the Social Security Administration (SSA), which faces a record workload as the baby boomers age into their peak years for retirement and disability.  

As our...

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April 6, 2016

Speaking at today’s release of recommendations by the SSDI (Social Security Disability Insurance) Solutions Initiative, I explained that while policymakers should continue exploring ways to help people with disabilities stay at or return to work, successful interventions won’t be easy, quick, or cheap.  (For more on these points, see my...

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March 21, 2016

Congress is considering a new way to compute Social Security benefits for beneficiaries with earnings outside the Social Security system.  The House Ways and Means Committee will hold a hearing tomorrow on this alternative approach, and it merits serious...

Social Security Card
December 8, 2015

In a letter to House and Senate Minority Leaders Nancy Pelosi and Harry Reid, CBPP Senior Fellow Jared Bernstein and New York University Law School Professor Lily Batchelder urge them to oppose efforts in ongoing budget negotiations to block a proposal designed to ensure that financial advisers always put their...

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