social-security

At Rally, Trump Says Democrats Would ‘Destroy’ Social Security
President tells supporters impeachment would be ‘your fault’

President Donald Trump, here at a campaign rally in 2016, was in Montana again on Thursday night. And he made Social Security a midterm election issue. (Tom Williams/CQ Roll Call file photo)

Less than two months from Election Day, President Donald Trump on Thursday night stepped up his rhetoric about Social Security and other federal benefit programs by warning Democrats want to “destroy” them.

The president had not focused on the federal retirement, disability, and survivors' benefits program at previous political rallies. But as the midterm elections near, he debuted some new — and sharp — lines at a rally in Billings, Montana.

Opinion: Note to Millennials — What I Wish I Had Known Then About Saving for the Future
Focusing only on the crisis of today worsens the crises of tomorrow

For millennials confronting daunting financial challenges, saving for retirement is not a priority. But focusing only on the problems of today worsens the crises of tomorrow, Edelman and Grumet write. (Bill Clark/CQ Roll Call file photo)

A retirement crisis is on the way, and the generation most likely to be affected by it is the group that’s paying the least attention. For now.

It should come as no surprise that the youngest and largest generation in the workforce has trouble focusing on retirement. Millennials face unique challenges that we did not encounter at their stage. The vast majority of their generation entered the workforce during the Great Recession and its aftermath. Rising college costs and a tuition funding system increasingly reliant on loans have resulted in the largest student loan debt on record. Financial concerns have pushed out millennials’ timing for buying a home, getting married and having children. That’s why saving for retirement does not make the top of life’s list for this generation.

Opinion: Rethinking Social Security Numbers in the Modern Age
Traditional safeguards are no longer enough

Americans are at greater risk when it comes to having their Social Security number stolen — and traditional safeguards are not enough, writes Rep. Sam Johnson, R-Texas.  (iStock)

Did you know that last fall at least 145.5 million Americans’ Social Security numbers were stolen in a data breach at Equifax? Worse, this was just one in a series of recent breaches — don’t forget Anthem and the Office of Personnel Management, just to name others.

In this technological age, folks are at greater risk when it comes to having their Social Security number stolen — even if they do everything right. That’s because keeping your number a secret, leaving your Social Security card in a safe, and shredding all documents containing your number are now antiquated efforts for stopping the modern hacker.