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Ronald Reagan’s 9 Wisest Words About Social Security

Posted on 12/19/2012 by |General News | Comments

PoliticsThe following is a guest post by David Certner, AARP legislative policy director. The last time we made significant changes to Social Security — including adjustments to benefits — was the 1983 Social Security amendments. At the time, Social Security had less than a year’s worth of solvency, and a bipartisan agreement to put Social Security on sound financial footing was essential. That legislation, negotiated by President Reagan and Democratic House Speaker Tip O’Neill, focused on what was needed protect …

Why Inflation Matters for Social Security

Posted on 12/13/2012 by |Social Security | Comments

Bulletin Today | PoliticsOne of Social Security’s great strengths is that it offers meaningful protection against inflation. Each year, the program considers how prices are rising [as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers]. If prices go up, the Social Security benefits people have earned tend to be adjusted as well. For a typical household, this protection is huge – a point I tried to emphasize in my book, “Social Security for Dummies.” It helps people keep …

Digging Deeper on Changes to the Social Security COLA

Posted on 12/1/2012 by |AARP Blog Author | Comments

PoliticsNo one with any common sense wants to see our politicians take us over the fiscal cliff. And I think most people with common sense also realize that Social Security, and the tougher issue of Medicare, are worth thoughtful debate and discussion so these vital programs can be put on stronger footing for future generations. However, when budget cutters take aim at today’s Social Security recipients, it’s time to ask questions and dig deeper into the fine print. A proposal …

Check the Math: Social Security Is a Good Deal

Posted on 10/26/2012 by |Social Security | Comments

Money & SavingsIt’s a question lots of people have about Social Security: Do you get back as much as you put in? But this question only gets at part of the story: Social Security is a kind of insurance, not just an investment. It protects you and your family from things nobody wants to think about — death and disability. In other words, it contributes to well being and peace of mind in ways that may be impossible to measure. A few …

Social Security for Dummies is Smart Reading

Posted on 04/17/2012 by |AARP Blog Author | Comments

Money & SavingsThe following is a guest post from author Jonathan Peterson, an executive communications director at AARP and a former national and financial correspondent for the Los Angeles Times.  Some folks think they have a better chance of bumping into a UFO or a zombie than getting a meaningful Social Security benefit by the time they reach retirement age. No wonder some people feel that way, given all the things that are said about this hot-button program. But if you’re like most …