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Social Security

Thursday, May 3, 2012

Social Security: It’s for young people, too

Elisa Walker, National Academy of Social Insurance

I’m a young American; I value Social Security; and this week in particular, I’m feeling reassured that Social Security is on solid footing and will be there for me when I need it. In fact, I see it as a great investment. 

To some, these statements might seem unrealistic, especially given all the negative media coverage that followed the release of the 2012 Social Security Trustees Report last week. But despite the doomsday responses, the reality is actually reassuring – especially for today’s young people, who are used to hearing misleading accounts to the contrary.

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Thursday, April 26, 2012

World’s best investment? Delaying Social Security

Thomas N. Bethell, Visiting Scholar, National Academy of Social Insurance

That headline – atop a recent Wall Street Journal column by Jack Hough, associate editor of SmartMoney.com – pretty much says it all.

Hough writes: “For an investment return that tops those offered by hedge funds, insurance firms or Wall Street banks, baby boomers should look to Social Security… All you need is a way to make ends meet while delaying the start of Social Security benefits from age 62 to as old as 70.”

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Posted on April 26, 2012  |  7 comments  |  Add your comment
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Monday, April 23, 2012

Social Security: Some Key Facts to Keep in Mind

Janice Gregory, National Academy of Social Insurance

With the release of the 2012 Social Security Trustees Report, we can expect to hear another round of sharp debates on Social Security’s financial picture. We must see to it that these discussions do not lose sight of some important facts.

Despite concerns in some quarters about Social Security’s long-term stability, the truth is that the program remains sound and, with some timely improvements, will continue to provide security to millions of Americans for generations to come.

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Posted on April 23, 2012  |  Write the first comment
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Tuesday, March 13, 2012

A Young Person’s Debate

Alex Wirth

The young person’s debate on Social Security has been particularly one-sided lately.  Last fall at the Harvard Institute of Politics, I helped write and analyze a poll of over 2,000 young people ages 18-29.  We found that 78 percent of young people were concerned that the Social Security system would not be able to provide the benefits they expected when they retired.

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Wednesday, November 30, 2011

Project on Social Security in Rural Areas Reveals Impact of the Program on Local Economies

Jennifer Clark, National Academy of Social Insurance

The Center for Rural Strategies, an awardee of NASI’s Improving Lives of Vulnerable Americans Through Social Security project, recently analyzed Social Security recipients by county in the U.S. The Daily Yonder (affiliated with the Center for Rural Strategies) used this breakdown of Social Security beneficiaries to find the counties most dependent on Social Security.

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