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Category archives for: Social Security

Maximizing retirement compensation for senior executives

Maximizing retirement compensation for senior executives

By Alan Goldfarb Participation in qualified retirement plans, such as 401(k)s or some other form of a defined-contribution plan, has always been a mixed bag. Often, despite considerable efforts from companies, participation rates among rank-and-file workers fall well below expectations. When this happens, it obviously jeopardizes future retirement-living standards for those workers. A less obvious [...]

Other Benefits of Social Security

Other Benefits of Social Security

by Bruce Fenton Lost amid the political rhetoric swirling around Social Security are many of the other benefits the system provides. For example, the right to choose when to start drawing benefits can be as important as the benefits themselves. Often overlooked are the benefits Social Security provides the families of retired workers, or the [...]

Privatization of Social Security

Privatization of Social Security

High on President Bush’s list of priorities for his second term is the privatization of some portion of Social Security. The opinions on whether or not this is a good idea are even more varied and passionate than the various proposals about the issue. Some members of each side of the debate have emphasized black [...]

Fixing Social Security

Fixing Social Security

“Fixing Social Security” has become the mantra of choice for politicians on both sides of the isle in our nation’s capital. Some form of privatization may be the end result of the inevitable political babble and posturing as we approach another national election. The original intent of Social Security was to provide government sponsored security [...]

Social Security Benefits

Social Security Benefits

In 1935, President Franklin Roosevelt signed the Social Security Act, which provided a nationwide retirement and social welfare program for the first time. Since then, Social Security has grown to become an essential part of modern life and has been modified to provide for widows, orphans, the disabled and divorced spouses. Today, about 98% of [...]

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