It’s all about asumptions and changing circumstances. Unfortunately when the press reports on something like Social Security it doesn’t bother delving into the actuarial assumptions
Tag: Social Security
Let’s remember $147,000.
Pundits and politicians frequently make an issue of the 2022 limit for SS taxes of $147,000 of wages – the taxable wage base. Higher income
No wonder people are confused about Social Security
When Americans read dribble like the article below, it’s no wonder they don’t know what to believe about Social Security. The Trust is not fiction
Social Security 2023 COLA Update 7.3%
The CPI-W for the month of May was 288.022. That indicates a 2023 COLA of 7.3% if that rate holds for the third quarter. Here
Falling on deaf ears
The reprehensible inaction by Congress has caused the Social Security Trust to get closer to insolvency. There is no excuse and you should hold them
The CPI doesn’t consider … for the Social Security COLA
I often hear the claim that the CPI – U or W does not include certain items and thus is not reflecting real cost increases.
QUINNSCOMMENTARY 