Help us tell Congress to “Protect Our Trust Fund” with your Social Security Action Kit!

With the latest Social Security Trustees’ report projecting yet again that without action, Trust Fund reserves will be depleted by and benefits cut by 2034, it seems Congress is not only ignoring the future of Social Security, but actively avoiding the issue entirely.

That’s why it’s up to all of us—current, soon-to-be, and future beneficiaries—to force our elected officials to act before it’s too late.

The first step?  Making sure no one is able to spend a dime of Social Security taxes for anything other than paying Social Security benefits.

That’s why we need your help.  Today we’ve launched a brand-new grassroots initiative spread the word on the Social Security Lock-Box Act and show Congress how many Americans demand protection for the Trust Fund.

The Social Security Action Kit contains everything you need to get involved, including our “Protect the Trust Fund Petition” to all members of Congress.  Our petition asks our elected officials to immediately pass the Social Security Lock-Box Act before the end of the calendar year.

If passed the Social Security Lock-Box Act will:

Establish a Social Security Surplus Protection Account

And require the Managing Trustee of the Federal Old-Age and Survivors Insurance Trust Fund deposit all surplus Social Security taxes into this account, barring the use of these funds for anything but Social Security.

Simply put, the Social Security Lock-Box Act creates a REAL Trust Fund for our Social Security money.  By law, our contributions toward our Social Security benefits will be deposited into that account, and politicians will be prevented from reaching into it to “borrow” our retirement savings.

We’re asking all of our friends and supporters to sign the “Protect the Trust Fund Petition.”  Your petition will be sent directly to Capitol Hill to remind our elected officials that tens of thousands of Americans depend on Social Security and should never have to wonder about the future of the money they’ve EARNED.

Hang your Save Social Security sign in a visible place to show your support for the Social Security Lock-Box Act and invite your community to join!

The second important piece of this grassroots campaign is your “Save Social Security” sign.  By hanging your sign in a prominent place, you’ll be declaring your support for protecting Social Security and encouraging members of your family, office, and community to think about what Social Security might mean for them.

This program has been absolutely vital to millions of Americans since the day the first benefit payment went out.  Those of us collecting our benefits already know how impactful a healthy future for the Trust Fund is.

But hanging your “Save Social Security” sign gets your community to take time out to consider how important Social Security is to friends, family members, and themselves when they retire.  If we’re to have any chance of convincing Congress to pay attention, we need to rally our neighbors join us in fighting for this cause.

So if you’ve received our Social Security Action Kit in your mailbox, we hope you’ll proudly display your “Save Social Security” sign and add your name to the “Protect Our Trust Fund” Petition.

And if you haven’t, don’t worry!  We want you to get involved, too!

You can sign an electronic version of the “Protect Our Trust Fund” Petition and download your own copy of the Save Social Security sign by clicking on the button below:

Protect Our Trust Fund Petition

Cato Institute: “A Real Lockbox for Social Security”

Here’s some interesting commentary from Michael D. Tanner over at the Cato Institute. Though Tanner wrote this in 2005, much of what he says regarding the state of Social Security is still true–if not truer–12 years later: “As we know by now, Social Security is facing many problems that will require long-term, comprehensive reform. But… Continue Reading

Sugar and the “Senior Moment”

Do you ever walk into your kitchen and forget what you walked in there to find? Maybe you’ve tried to look for your keys or a pair of scissors in the refrigerator a time or two. Or you’ve pulled the classic I’m-Looking-at-my-10-Year-Old-Grandchild-and-I-Honestly-Can’t-Remember-this-Kid’s-Name-Right-Now. Oh, the Senior Moment. At best, it’s just one of the side effects… Continue Reading

The Trustees urge Congress to act on Social Security…yet again.

In last week’s Social Security finance report, the Social Security Trustees yet again exhorted Congress to bring Social Security reform front and center–before time and options run out. For several years, the Trustees’ annual assessment hasn’t changed: the Trust Fund faces imminent insolvency, and the sooner we move to counteract it, the more choices we’ll… Continue Reading

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Beware of scam targeting Social Security beneficiaries

Beware of scam targeting Social Security beneficiaries

  The Social Security Administration is warning all Social Security recipients to keep on the look-out for fraudulent callers impersonating Social Security Administration employees. Acting Inspector General of Social Security, Gale Stallworth Stone, issued an official fraud advisory yesterday warning anyone who receives a phone call from an SSA “employee” asking for personal information to… Continue Reading

A quick guide to consumer price indexes

A quick guide to consumer price indexes

What is a consumer price index? The U.S. Bureau of Labor and Statistics (BLS) determines Social Security cost-of-living adjustments (COLAs) each year using establishedconsumer price indexes (CPIs). CPIs are systems by which our government can measure price changes in several different spending areas for a particular demographic or for American consumers in general. Together, these… Continue Reading

Retirement income and expenses: are our benefits and savings enough?

Retirement income and expenses: are our benefits and savings enough?

Income The Pension Rights Center reports in 2014/2015 retirees received income from five primary sources. Percentages are based on retired couples age 65 and older: Social Security:  84% Assets:  62% Pensions:  37% Earnings:  29% Public assistance:  4% According to NewRetirement, average and median income in these areas for a retired couple 65 and older looks… Continue Reading