Here is a Tuesday’s Topic on a Thursday for you! If nothing is done by 2033, we’re facing a 23% cut to benefits. We fixed Social Security before and I believe we can do it again.

On today’s Tuesday’s Topic, I discuss the recent press release and email sent out by the SSA after the passage of the Big Beautiful bill. There were some statements made that I felt needed to be cleared up.

In the final episode of this special series, it’s your turn! Try out The Reformer tool and see if you can fix Social Security. I’ll walk you through it.

Today, I report on the Medicare section of the 2025 Social Security Trustee Report, including the Part A Hospital Insurance Trust fund as well as Parts B & D. If no action is taken by Congress, the HI trust fund will be insolvent by 2033 and only 89% of current benefits will be paid.

Continuing my special mini-series, today I take a deep dive into how the Social Security Trust Fund really works, using a sink as an analogy of revenues coming into the fund (water from the faucet) and benefits going out (water going down the drain). We either need to increase revenues - like a 3.9 % increase to payroll taxes - or reduce benefits - like raising the retirement age to 70. Or a combination of both.

The 2025 Social Security Trustee Report was just released. It suggests a 23% CUT to benefits in less than 8 years (early 2033) if no actions are taken. I discuss my initial thoughts during this special mini-series.

The Supreme Court granted DOGE access to your Social Security records. What does this mean for you?

Missing in Action: The Social Security Administration’s Trustees Report. Where is the report? This is highly unusual as it usually comes out in March or April. In 2024, it came out on May 6.

There was a recent New York Times article that raised 2 timely social security questions. This week, I discuss my thoughts.

While we wait for the Social Security Administration’s Trustees Report, I share a few quick updates about what happened this past weekend.