Learn more about Social Security by clicking here.

“Think low rent.
At least if you want to keep more of your Social Security check for things like food and entertainment. Personal-finance site GoBankingRates released an analysis on Thursday of cities where the average Social Security check (roughly... — Think low rent.
At least if you want to keep more of your Social Security check for things like food and entertainment. Personal-finance site GoBankingRates released an analysis on Thursday of cities where the average Social Security check (roughly $1,350 a month) would easily cover the median rent in town (see the full list of 25 cities, all with rents under $1,000 a month, below).
To create this list, GoBankingRates analyzed the median rents from January through May of this year for single-family residences in the 300 largest cities in terms of population in the U.S. MarketWatch highlights four compelling cities on this list that you may want to consider.
via Market Watch.
**Learn more about Social Security by clicking here.**

Source: bit.ly

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President Roosevelt’s vision has most certainly endured. Today, Social Security provides some 61 million Americans and their families with basic financial security upon retirement or disability. For older Americans, Social Security can mean the... — President Roosevelt’s vision has most certainly endured. Today, Social Security provides some 61 million Americans and their families with basic financial security upon retirement or disability. For older Americans, Social Security can mean the difference between financial well-being and poverty. Two out of three seniors rely on Social Security for most of their income, and one-third of seniors depend on it for at least 90% of their income. Public polling consistently shows that Social Security enjoys overwhelming support from majorities of Americans across party lines.
Over the years, Social Security has been modified (with bipartisan support) to expand benefits and keep the system financially sound. This year, Social Security has come under new threat from budget hawks in the Trump administration and on Capitol Hill. But as generations of Roosevelts have
shown us, Social Security is worth fighting for. On this, Social Security’s 82^nd anniversary, we at the National Committee recommit ourselves to preserving this landmark program for current and future generations of Americans.
**Read more from our blog post here marking this anniversary by clicking here.**

Source: bit.ly politics social security retirement entitlements entitlement reform retirees retirement crisis retirement security p2 older americans elderly social insurance SocSec82 seniors

“The creation of expanded Social Security Plus would provide a secure and comfortable retirement for every American, and contribute greatly toward a solid foundation from which to build a strong and vibrant 21st-century economy. Our retirees, our... — The creation of expanded Social Security Plus would provide a secure and comfortable retirement for every American, and contribute greatly toward a solid foundation from which to build a strong and vibrant 21st-century economy. Our retirees, our families, our businesses, and our communities deserve no less.
via American Prospect.
Related Reading:
Congress needs to BOOST Social Security benefits for all working Americans.
Do you agree? Sign our petition here.

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But they also call for switching COLAs to the Consumer Price Index for the Elderly or CPI-E, designed by the U.S. Bureau of Labor Statistics. The CPI-E would boost Social Security payments without worsening the system’s deficit.

via The Social Security Fix That Could Help the Poorest Retirees.

Related Reading:

Why Seniors Need a CPI-E.

But if the CPI-E determined the Social Security COLA, the expected average COLA would increase about 0.2 percentage points per year.

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For 80 years, Social Security has provided a vital source of income for retirees, workers with disabilities and their families. Without it, more than half of all older Americans would fall into poverty.
Please sign our card now to celebrate Social... — For 80 years, Social Security has provided a vital source of income for retirees, workers with disabilities and their families. Without it, more than half of all older Americans would fall into poverty.
**Please sign our card** now to celebrate Social Security’s Anniversary and to show that you want to preserve it for current and future generations.

Source: bit.ly social security politics seniors entitlements p2 retirement retirees retirement crisis entitlement reform Forward80 older americans elderly

“In 1935, President Franklin D. Roosevelt signed into law the great Social Security program. It was designed to give workers an income after retirement.
Today, it’s not so great. The tiny Social Security increase that will be bestowed on retirees and... — In 1935, President Franklin D. Roosevelt signed into law the great Social Security program. It was designed to give workers an income after retirement.
Today, it’s not so great. The tiny Social Security increase that will be bestowed on retirees and the elderly in January is a cruel fraud perpetrated by the government. That’s because increases in Medicare Part B and Part D insurance premiums will negate all of the Social Security 2% cost of living increase for many recipients. Instead of staying even, we’ll fall behind.
I just got my annual benefits letter from Social Security. It says I will get $24 a month more next year. However, after the Medicare premium increases, my new Social Security check will be $3.40 a month less than the one I currently get. (The government deducts Medicare premiums from Social Security checks.)
**More on this topic can be read by clicking here.**
**Related Reading:**
2018 Social Security COLA Won’t Meet Seniors’ Needs.
The just-announced 2.0% cost-of-living increase (COLA) for Social Security beneficiaries is woefully inadequate. The 2018 COLA translates into a paltry $27 a month for the average recipient, barely enough for a prescription co-pay, a tank of gas, or a bag of groceries.

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lindasanchez.house.gov

Reps. Linda Sánchez Introduces Strengthening Social Security Act of 2016

Washington, DC – Representatives Linda Sánchez (D-CA), Mike Honda (D-CA), and Mark Pocan (D-WI) along with 45 original co-sponsors today introduced H.R. 5952, the Strengthening Social Security Act of 2016:

Max Ritchman, President and CEO of the National Committee to Preserve Social Security and Medicare: “America’s seniors understand all too well that our nation faces a retirement crisis and improving Social Security benefits is vital to keeping millions from poverty. Rep. Linda Sanchez’s ‘Strengthening Social Security Act’ makes several important improvements for seniors by: phasing out the payroll tax cap so that the wealthy pay their fair share, creating a Cost of Living adjustment for the elderly and boosting benefits for all retirees including widows/widowers. NCPSSM strongly supports this legislation and applauds Congresswoman Sanchez for doing the right thing for America’s seniors and their families.”
via Representative Linda Sanchez.

Older Americans Month — slashing funds for our seniors is the wrong thing to do

OPINION | If the administration wanted to honor older Americans, would it have presented a “skinny budget” that needlessly hurts seniors?

Max Richtman, opinion contributor

May is Older Americans Month, but the Trump administration and Congressional Republicans are putting a serious damper on the celebration. Yes, candidate Trump promised not to touch Social Security, Medicare, and Medicaid.

But his administration has been actively undermining those pledges. Budget Director Mick Mulvaney — who once called Social Security a Ponzi scheme — questioned the legitimacy of Social Security Disability Insurance — and wouldn’t promise a Presidential veto of legislation to privatize Medicare (a pet project of House Speaker Paul Ryan).

President Trump champions the GOP’s American Health Care Act, which guts Medicaid, undermines the solvency of Medicare, and allows insurers to charge older Americans up to five times as much as people in their 20s.

More on this issue here via The Hill.

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“Retirement, Social Security and long-term care:
Amid doubts about the soundness of the Social Security system, most Americans reject the idea of reducing benefits for future retirees. When asked to think about the long-term future of Social... — **Retirement, Social Security and long-term care:**
Amid doubts about the soundness of the Social Security system, most Americans reject the idea of reducing benefits for future retirees. When asked to think about the long-term future of Social Security, only 25% say some reductions in benefits for future retirees will need to be made, while 74% say benefits should not be reduced in any way.
via Pew Research.
**Related Reading:**
We believe Social Security benefits should be BOOSTED for all working Americans.
**Sign our petition asking Congress to BOOST Social Security benefits for all working Americans by clicking here.**

Source: bit.ly politics seniors social security social insurance earned benefits elderly older americans retirees retirement crisis retirement entitlements entitlement reform boost social security p2 long-term care

Most beneficiaries have little significant income from other sources. Social Security is the main source of retirement income for two-thirds of elderly beneficiaries, and the only source of income for one-fifth. Minorities and unmarried people are especially reliant on Social Security.

via CBPP.

NCPSSM — Think low rent. At least if you want to keep more...

See, that’s what the app is perfect for.