We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.
Kent Conrad warns about impending cuts to Social Security without legislative action.
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We create a basic minimum benefit that will apply to about 10 percent of Social Security.
I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.
I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.
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