NARSSA Recommends Policy Solutions to Ensure Social Security for the Next 90 Years

The National Association of Registered Social Security Analysts has announced as part of the Social Security Administration’s 90th anniversary, its analysis of a key report by the National Academy of Social Insurance (NASI). The report, titled “Social Security at 90: A Bipartisan Roadmap for the Program’s Future,” provides insight into Americans preferred approach to addressing…

3 Questions You Should Be Asking Before You Claim Social Security

It’s not just about when you can claim Social Security. It’s about when you should. Social Security may feel like a simple decision: turn a certain age, file a claim, collect your check. But it’s far more nuanced, and potentially worth hundreds of thousands of dollars over your lifetime. If you’re nearing retirement age, here…

Medicare Turns 60

Happy 60th Birthday, Medicare! On July 30, 1965, Medicare was signed into law. It brought peace of mind and health coverage to millions of older Americans. And today it remains a cornerstone of retirement security, right alongside Social Security. Let’s celebrate 60 years of Medicare by continuing to protect and strengthen it for generations to…

NARSSA President Martha Shedden Shares Expert Opinion on 2025 Social Security Trustees Report

The National Association of Registered Social Security Analysts announced today that the newly released 2025 Social Security Trustees Report re-emphasizes the need to shore up the program’s trust funds in order prevent a reduction in benefit payouts starting in 2034. The report concludes that unless Congress acts, which would involve raising the amount collected during…

June is Annuity Awareness Month

For many Americans, Social Security is the foundation of retirement income, but it’s rarely enough on its own. That’s where annuities can play a vital role. Like Social Security, annuities provide a guaranteed stream of income for life, helping retirees cover essential expenses and guard against longevity risk. This month, we’re highlighting how Social Security…

Not retiring for 20+ years? Four things to know about Social Security

Social Security might seem like something to think about later, but understanding it now can make a big difference. Whether you’re planning your own future or advising clients, learning how Social Security works early on can help you make smarter financial decisions and avoid surprises down the road. Here are four key things to know,…

H.R. 82 Passes Senate: A Historic Step in Social Security Reform

December 21, 2024 — For Immediate Release In a landmark decision, the U.S. Senate has passed H.R. 82, the Social Security Fairness Act of 2023, with a resounding bipartisan vote of 76-20. This legislation repeals two provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that have long reduced Social Security benefits for public…

Who Should Consult with an RSSA? A Guide to Optimizing Your Social Security Benefits

Norm Haug RSSA Staff   Social Security plays a critical role in retirement income planning, but navigating the complex rules and strategies can be overwhelming and you may not realize rules that can affect you. A Registered Social Security Analyst (RSSA) specializes in helping individuals and couples maximize their Social Security benefits by providing personalized,…

Nine States that Tax Social Security in 2024

Pamela Kweller RSSA Staff   Tax season has officially begun and it’s crucial to be aware that your Social Security income may be subject to both federal and state taxation. Referred to by some as the Social Security “stealth” tax, many individuals are unaware of this potential tax implication and fail to incorporate it into…