New Strategy on Social Security
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With their push to restructure Social Security off to a rocky start, Bush administration officials have begun citing two Democrats -- former President Bill Clinton and the late senator Daniel Patrick Moynihan -- to bolster their claims that the retirement system is in crisis.
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LISBON, Oct 6 (IPS) - The contributions of young immigrants from the  developing South hold out a solution for pension systems in the  European Union, where rapid population ageing is placing heavy  pressure on social security.
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MAIN TOPIC: President Bush will offer new details about his plan to let younger workers divert some of their Social Security payroll taxes into personal investment accounts. Experts say while the president will seek to reassure Americans who are at or near retirement, he will leave larger questions unanswered.
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Why make saving for retirement harder than it already is?
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President Bush acknowledged the dicey politics of Social Security as he urged Congress to approve his plan to add personal accounts to the system. With the system in financial straits, he said, any political price is worth paying.
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Stepping up his push to overhaul Social Security by creating private investment accounts, President Bush is dispatching his top officials to help him convince the public and lawmakers that the nation's retirement system needs fixing now.
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Rasmussen Reports - When the new Congress convenes under Democratic control in January, it will face a challenge on Social Security that has remained unsolved for a generation. Americans under 50 are skeptical about receiving their promised benefits, most voters believe change is needed, and there is strong opposition to both tax increases and benefit cuts.
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Those who still have their fingers crossed about Social Security need to let go of the fantasy and make better financial plans.
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A few smart moves can fast-track your retirement.
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President Bush pledged in his State of the Union speech Wednesday not to reduce Social Security benefits for workers 55 and older. So what do you do if you're 54?
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The nation's 47 million Social Security recipients got a bit of good news yesterday: their checks next year will increase 2.7 percent, or an average of $25 thanks to the program's annual cost-of-living adjustment. But looking further into the future, the news is less encouraging. A trio of forces -- higher taxes, rising medical costs, and a mandated increase in ...
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Social Security battle comes as both state and private retirement plans are shifting.
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An aging US population would strain public finances and hurt the economy unless there were quick adjustments to the social safety net, such as raising the age for
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What is the best way to get the most of your Social Security benefit?
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CRAWFORD, Texas  - Facing record budget deficits,  the Bush administration likely will turn to short-term  government borrowing to help finance its plan to add personal  retirement accounts to Social Security, officials said on  Saturday.
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The White House said on Monday it  would borrow money to help pay for adding personal retirement  accounts to Social Security, after ruling out tax increases to  finance a transition experts say could cost $1 trillion to $2  trillion over 10 years.
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The Social Security Administration is preparing a major public relations campaign to market the idea that Social Security faces dire financial problems requiring immediate action and private accounts.