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There’s no need to raise the age of eligibility for Social Security. That’s just political scare tactics. If the “cap” for Social Security deductions — the income level above which social security deductions end, now about $106,000 — is eliminated altogether, or just raised to about $180,000, as Robert Reich explains quite simply in this article (http://www.readersupportednews.org/opinion2/279-82/4982-how-to-fix-social-security), then our Social Security solvency problems would be solved.

Presto: a tip of the “Cap” is all it would take to save Social Security, for yourself and future generations.

February 2011
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