Retirement Security

Social Security: What Would Happen If the Trust Funds Ran Out?

Social Security: What Would Happen If the Trust Funds Ran Out?

  Should I Defer My Social Security Payout?   Social Security’s income and outlays are accounted for through two federal trust funds: the Federal Old-Age and Survivors Insurance (OASI) Trust Fund and the Federal Disability Insurance (DI) Trust Fund. Under their intermediate assumptions and under current law, the Social Security trustees project that the DI […]

Recent CRS Reports – June 2013

Recent CRS Reports – June 2013

State Taxation of Internet Transactions, CRS Report R41853, May 7, 2013 (24-page PDF) The Federal Budget: Issues for FY2014 and Beyond, CRS Report R43068, May 9, 2013 (28-page PDF) Crime and Forfeiture, CRS Report 97-139, May 13, 2013 (97-page PDF) 501(c)(4)s and Campaign Activity: Analysis Under Tax and Campaign Finance Laws, CRS Report R40183, May […]

Unemployment Rate / Employment-Population Ratio  (CongressionalGlossary.com)

Unemployment Rate / Employment-Population Ratio (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Unemployment Rate / Employment-Population Ratio   Unemployment and the Unemployment Rate   As defined by the Bureau of Labor Statistics (BLS), the number of people who do not have jobs but have actively looked for work in the prior 4 weeks and are currently available […]

Deflation / Inflation / Real Dollar (CongressionalGlossary.com)

Deflation / Inflation / Real Dollar (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Deflation / Inflation / Real Dollar Whip Inflation Now (WIN) Deflation: A sustained decrease in the general price level. Deflator: An index used to adjust a current dollar amount to its real dollar counterpart, that is, to remove the effects of inflation. Inflation: A rise […]

PBGC To Assume Delphi Pension Plans

PBGC To Assume Delphi Pension Plans

This is a bailout in the making. And as Atrios commented this morning: “It wouldn’t surprise me if the PBGC starts getting as hungry as the FDIC.” PBGC To Assume Delphi Pension Plans Unfunded and underfunded pensions are going to become a very big problem in the near future. In August, we will publish “Underfunded […]

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