Month: July 2024

You are about to go on an experience into the world of dating in the United Kingdom, and here is a step-by-step guide to finding love with redheads.

Posted on by Michael Cooper

As a result of the reality that there are a really limited number of individuals in the United Kingdom who have red hair in contrast to those who have other hair colors, it might be an exceptionally difficult task to find a redhead to date in that nation according to

charlotteaction.org

. As a more point of interest, the misunderstandings and incorrect viewpoints that people have about redheads may have an impact on the manner in which individuals connect with and consider redheads when they are in a relationship setting. The reason for this is since individuals tend to believe that redheads are more appealing than other individuals. On the other hand, if you peel back these preconceived beliefs, you will find that redheads from the United Kingdom originate a particular beauty that is distinct to them. This is something that you will find if you peel back these ideas. The characteristics of their characters that distinguish them from other individuals include self-assurance, enthusiasm, and a strong sense of character. These are some of the unique attributes that set them apart from other people. In addition to the reality that they have colorful hair, they are acknowledged from other people by a number of other characteristics that set them apart from other individuals. It is prepared for that the occasion will develop considerable relationships and provide experiences that will be remembered by all guests for a very long time. An occurrence of this kind is something that is expected to unfold. When you take everything into factor to consider, you wish to make certain that you are well-prepared for the excellent journey that lies ahead of you according to

charlotteaction.org

.

It is crucial that you deal with the topic of dating redheads with empathy and care if you have an interest in dating somebody with red hair. If you have an interest in dating somebody with red hair, follow these actions. Reason for this is that people with red hair are most likely to sustain injuries than other individuals. You need to direct the majority of your effort towards learning more about people from the viewpoint of their distinct qualities that extend beyond their outer look. Additionally, you should consider taking part in social activities or groups that promote variety in order to satisfy individuals who comprehend and share the very same worths and goals as you do. This will enable you to gain a better understanding of the world around you. It is of the utmost significance to keep in mind that long-lasting collaborations are not formed on the basis of shallow features, but rather on the basis of shared values and interests. This is the most crucial thing to keep in mind. This is the most important of all the important things that need to be considered.

Females in London, Their Ages, and Love

Posted on by Gertie Byrd

London ladies coming together

The various milestones and difficulties that include advancing age have a significant influence on the landscape of relationships for women in London. Initially, let’s take a more extensive look at the ways in which these considerable life Events impact their experiences with love and relationships according to

https://charlotteaction.org

.
Worker in their twenties

Within their 20s, a considerable number of ladies in London handle relationships while also concentrating on developing their tasks and gaining independence. These young professionals regularly take part in interactions with a wide array of Social circles that specify to urban living. When it concerns romantic undertakings, the hustle and bustle of city living supplies possibilities to satisfy a varied series of individuals, which in turn cultivates a sense of expedition and interest. Having said that, the hectic nature of their work lives may also make it difficult for them to fully purchase relationships that can last for a very long time according to

https://charlotteaction.org

.

handling one’s professional aspirations while likewise cultivating one’s personal ties needs a great balance. It is possible that these young specialists will find themselves getting used to the fast-paced nature of metropolitan living as they focus their efforts on determining their independence and planning their career pathways. Making the most of the present minute, seeking out brand-new experiences, and welcoming liberty in romantic relationships are all possible results that can arise from this.
Ladies Who Are Already Established

Ladies in London who are entering their 30s and 40s are confronted with a variety of shifting choices regarding family planning and long-term dedications of various kinds. The characteristics of love and relationships alter as these reputable women position a higher concern on stability and security. This creates the conditions for more profound psychological connections and real collaborations in the city.

Reflections on long-term goals, such as wishes for stability and companionship, are frequently prompted by the shift into this age of life. A substantial variety of ladies are obliged to reassess their method to like and relationships as a result of the growing significance of family planning. When it concerns their attitude on life, the search of meaningful connections that are in alignment with their outlook takes precedence over ephemeral encounters or shallow appeals.

It is comparable to changing from running through a marathon to pacing oneself for a terrific journey that lies ahead, despite the fact that the pace might decrease. The focus moves from brief bursts of speed to pacing oneself for the journey that lies ahead.

Because of this, the experiences and concerns of females in London who are of varying ages offer excellent insight into the methods which they work out love among the vibrant and demanding surface of the city. Each phase presents its own special set of chances, difficulties, and benefits, so forming an unique narrative for ladies of all generations living in London’s complex relationship landscape.

It is needed to have an understanding of how age affects the course of love and empowerment in order to set the stage for deconstructing the expectations that society put on ladies in romantic relationships. Having stated that, let us now investigate the common prejudgments that frequently dictate the roles that females play in romantic ventures.

Medicare 2024 IRMAA Brackets: Amounts and

Posted on by Bill Davis

With the announcement of the August CPI-U, the 2024 Brackets are official and they will increase by over 5.00% to start at $103,000 for an individual.

Now please keep in mind that at any point between now and the beginning of the 2024 Congress or the current Presidential Administration can alter these Medicare IRMAA Brackets, but if they do not then there will be at least a little bit of good news for seniors.

Official IRMAA 2024 Brackets

 

Single Couple MAGI Part B Part D
< $103,000 < $206,000 $174.70 Premium (varies)
$103,000 to $129,000 $206,000 to $258,000 $244.60 $12.90
$129,000 to $161,000 $258,000 to $322,000 $349.40 $33.30
$161,000 to $193,000 $322,000 to $386,000 $454.20 $53.80
$193,000 to $500,000 $386,000 to $750,000 $559.00 $74.20
> $500,000 > $750,000 $594.00 $81.00

 

 

 

How the IRMAA Brackets adjust:

 

When Congress created Medicare IRMAA back in 2003 through the passing of the Medicare Moderniztion Act, they ruled that the IRMAA Brackets would adjust by

 

“The percentage (if any) by which the average of the Consumer Price Index for all urban consumers (United States city average) for the 12-month period ending with August of the preceding calendar year exceeds such average for the 12-month period.”

 

So, if the CPI-U at the end of August of the current year is greater than the previous August then the IRMAA Brackets will increase. Note the inflation rate does not determine IRMAA costs.

 

By the way there is no language that would stop the IRMAA Brackets from going down if the CPI-U would actually deflate from year to year.

 

In terms of the all the Thresholds within the IRMAA Brackets, due to the passing of the Bi-Partisan Budget Act of 2018 the 5th Threshold in the IRMAA Brackets will not adjust for inflation until 2028.

 

 

 

What is IRMAA:

IRMAA is short for Medicare’s Income Related Monthly Adjustment Amount which is according to the Code of Federal Regulations:

 

“An amount that you will pay for your Medicare Part B and D coverage when your modified adjusted gross income is above the certain thresholds.”

IRMAA is a tax on your income through Medicare Part B and Part D coverage if you have too much income while in retirement.

 

IRMAA - Medicare Logo

Will you actually enter IRMAA:

According to the 2022 Medicare Board of Trustees Report, currently, there are over 6.8 million people in IRMAA. These people in IRMAA make up 16.63% of all eligible Medicare beneficiaries.

By 2031, according to recent reports the number of people in IRMAA will double to 13.8 million eligible people in IRMAA.

IRMAA is a revenue generator for both the Medicare and social Security Programs.

For the Medicare program, IRMAA is an added cost that the person in it must pay. This added cost provides more money each year for the program.

As for Social Security, according to Congress, all IRMAA costs are automatically deducted from any Social Security benefit a person is receiving. Thus, for those who enter IRMAA, Social Security has to pay out less to them which reduces that program’s obligation to pay benefits.

With both Medicare and Social Security projected by the government to be insolvent (unable to pay) in less than 8 years the easiest way to save these programs is to make sure more people are in IRMAA.

 

How do you reach an IRMAA bracket:

IRMAA is all about your Modified Adjusted Gross Income (MAGI).

The more of it you have the higher the chances that you have to reaching IRMAA while having less of an MAGI reduces the chance of you reaching IRMAA.

 

What counts towards your MAGI:

According to Social Security your MAGI is the total of your adjusted gross income (AGI) and any tax-exempt interest you may have.

Both of these can be found on lines 2a and 11 of your 2022 IRS tax form 1040.

 

Some examples of where your MAGI will come from are:

 

Taxable Social Security benefits Traditional 401(k) Withdrawals
Wages Traditional IRA Withdrawals
Pension & Rental Income Traditional 403(b) Withdrawals
Capital Gains Qualified Annuities
Dividends Interest

 

If you want to avoid IRMAA all together then the goal is to generate an income from financial instruments that do not count towards your MAGI and they are:

 

Roth Account Withdrawals
Life Insurance Loans
Non-Qualified Annuities*
Health Saving Account Withdrawals
401(h) Plans
Home Loans or Reverse Mortgages

*Non-Qualified Annuities – depending on certain factors a certain portion of all income you will receive from them can be completely tax free. Please see an IRMAA Certified Professional for more information on which Annuity is best for you.

 

For a complete list of what does and does not count towards IRMAA please click here.

 

How to File an Appeal

If you feel you shouldn’t be subject to IRMAA, you can fil

Amongst the vital pieces of information concerning cougar dating are suggestions for dating older females and the cultivation of relationships that are filled with significance.

Posted on by Rita Murphy

Considering the significance of these suggestions, they have been incorporated into the info.It is essential to acknowledge and be comfortable with the age distinction in between you and the female you are dating, also referred to as a “cougar, ” when you are dating an older female. This applies to both you and the lady you are dating. Both you and the lady you are dating are affected by this at the same time. It is difficult to overemphasize the significance of acknowledging and being comfortable with the age space that exists on both sides. The reality that these ladies are generally appealing, self-sufficient, and self-assured is something that prevails understanding according to galeon.com/; in addition, they are aware of what it is that they desire more than anything else there remains in the world. However, in order to resolve the difficulties that arise in a relationship between people of various ages, such as distinctions in life experiences or differences between generations, it is required to have reliable communication within the relationship in addition to mutual regard for one another. This is the only Method to deal with these challenges. The only method to address these challenges is to continue in this manner. In addition, it is necessary to remember that there are situations in which cougars have the ability to teach you things that younger women may not have the ability to teach you. This is something that you need to likewise keep in mind according to galeon.com/guide-to-escort-services-in-london/. It is important that you focus on this particular element. It is absolutely essential for you to make certain that you pay attention to this particular matter. I wish to demand that you please give me authorization to proceed with a more extensive discussion of the term “cougar” in relation to the world of dating. Would you be willing to accommodate my request?When dating an older woman, it is important to approach the relationship with open communication, respect, and a genuine interest in her as an individual. This is specifically true when the lady is older. This is particularly real when the woman is of an advanced age. This is specifically real when the female is of a more advanced age than the average American lady. On the occasion that you pick to continue because manner, you will increase the probability of having a successful relationship with her. You must make it a priority to pursue the advancement of a significant connection between the two of you rather than focusing solely on the age difference that exists between the two of you. This is more effective to focusing on the age difference alone. Particularly, this is because of the truth that the age gap between the two of you is different. Furthermore, you must make sure that both of you are comfortable with the characteristics of the relationship that you are currently in. This is something that you need to do concurrently.

How to Obtain a Copy of Your Police Report in Mississippi

Posted on by Gail Williams

When in Mississippi and in need of your police report, knowing the right steps is crucial. Whether you opt for the convenience of online requests or prefer a face-to-face interaction at your local police station, each method comes with its own set of requirements and processes. However, there’s more to consider beyond just filling out forms or showing up at the precinct. Stay tuned to discover the nuances of navigating the system effectively and ensuring you obtain the necessary documentation hassle-free.

Requesting the Police Report Online

To request a police report online in Mississippi, visit the official website of the law enforcement agency involved. Look for the section dedicated to obtaining records or reports.

Once you locate the online request form, fill it out accurately with all required information. Make sure to provide details such as the case number, date of the incident, and the names of the individuals involved. Double-check your entries for any errors before submitting the form.

Some agencies may require a small fee for processing the request, so be prepared to make a payment online if necessary. After submitting your request, keep an eye on your email for any Updates or instructions on how to access the report once it’s ready.

Visiting the Local Police Station

When visiting the local police station in Mississippi to obtain a police report, remember to bring a valid form of identification and any necessary case information. These documents will help the officers locate the specific report you’re requesting. Be prepared to fill out a request form if needed.

Upon arrival, approach the front desk or designated help center and inform them that you’re there to obtain a copy of a police report. Be respectful and patient as they assist you through the process. If you have any questions or need clarification, don’t hesitate to ask the staff for assistance.

Once all requirements are met, you should be able to receive a copy of the report during your visit.

Contacting the Department of Public Safety

If you need to contact the Department of Public safety in Mississippi, you can reach them by phone during regular business hours.

The Department of Public Safety is responsible for maintaining various records, including police reports. To inquire about obtaining a copy of your police report, you can call their main office and speak to a representative.

Be prepared to provide relevant information such as the incident details, date, and location to facilitate the search for your report. The staff at the Department of Public Safety can guide you on the specific procedures and requirements for obtaining a copy of your police report.

Using a Third-Party Service

Consider utilizing a reputable third-party service for a more convenient process of obtaining your police report in Mississippi. Third-party Services can assist you in navigating the sometimes complex procedures involved in obtaining a police report.

By using these services, you can save time and avoid potential hassles. These services often have online platforms that allow you to submit your request electronically, eliminating the need for in-person visits or lengthy phone calls.

Additionally, they may offer expedited services for a quicker turnaround time on receiving your police report. While there may be fees associated with using a third-party service, the convenience and efficiency they provide can outweigh the costs, especially if you require the report urgently.

Understanding the Fees and Processing Time

To better grasp the fees and processing time associated with obtaining a police report in Mississippi, review the following essential details.

The fees for obtaining a police report in Mississippi can vary depending on the specific law enforcement agency involved. Generally, you can expect to pay a nominal fee for a copy of your police report.

Processing times also differ, but in most cases, you should receive your requested report within a few days to a couple of weeks.

It’s advisable to contact the relevant law enforcement agency directly to inquire about the exact fees and processing times for your specific request. Being aware of these factors will help you plan accordingly and obtain the necessary information in a timely manner.

 

Understanding The Social Security Appeals Process: Explained By Marken Law Group

Posted on by Rita Murphy

SSA Appeals: What Are They and When to Request One

SSA stands for the Social Security Administration, a federal Agency in the United States that manages social security benefits programs.

SSA appeals are a process through which a person who has been denied social security benefits or is unhappy with the amount of benefits received can request a review of their case. The appeals process can result in the original decision being overturned or modified.

What Is A Social Security Determination?

A determination is a decision that SSA makes for a claim. If you disagree with the SSA’s determination for your claim, you can make an appeal. If you submit a claim for your SSI payment, SSA will give you the amount they determined you are eligible for. If you think that the payment is too low, you can make an appeal.

The Social Security Administration (SSA) Appeals Process: Step-by-Step

The stages of SSA appeals are: 1.) Reconsideration, 2.) Hearing by an administrative law judge (ALJ), 3.) Appeals Council Review, and 4.) Federal Court. The SSA appeals process comes in stages and timelines so that if you disagree with the second determination, you move higher up to take your case to a person of a higher position. Each stage may need you to meet requirements within 60 days to proceed. You can also have a hearing with an ALJ to discuss your case. 

Tips For Preparing For A Hearing For An SSA Appeal

When you are in a hearing, the judge will have to explain why your case has been determined as such and ask you and your representative questions about your case. You may bring a witness to answer the judge’s questions under oath. The judge may also call an expert if needed to testify.

Therefore, you can do the following for your hearing preparation:

1. Review all evidence in your case file. Submit new evidence, if available, to strengthen your case. The new evidence must be submitted within five days before the hearing. If you have less than five days before the hearing, you can appeal for a time extension to review the new evidence.

2. If you have any evidence you want the ALJ to consider, submit them as soon as possible. You can send electronic evidence through a special fax number and bar code provided by the hearing office through the Electronic Records Express (ERE).

The Reconsideration Stage: How to Request Another Review

At the reconsideration stage, a different SSA claims examiner reviews the original decision to ensure all evidence is considered and the correct decision is made. You must fill out the following forms based on your SSA appeal. Once the request is received and reviewed, the SSA will send a notice of reconsideration determination. 

During this stage, we recommend adding any additional evidence that you have available. 

Appeals Council Review: The Final Administrative Step

If the ALJ decision is not satisfactory, the next stage of appeal is to request a review to the SSA Appeals Council. The Appeals Council may review the case and make a new decision or send the case back to the ALJ for further review.

The Appeals Council can either Grant, deny or dismiss your case upon examination. Therefore, you must have new evidence on or before the hearing decision. If there is reasonable cause to believe that said evidence would change the outcome, the Appeals Council will review your case. 

Upon reviewing your case, they can return it to the ALJ for another hearing. If they choose to decide your case, it can go two ways. 

  1. If they make a less favorable decision to you, you will be sent a notice before issuing the decision. This way, you or your representative can respond appropriately. 
  2. However, if the decision puts you in a more favorable end, they will enact it and send you a notice afterward. 

Either way, you get a copy of the review process and the reasons behind the decision-making.

Appealing to Federal Court: What You Need to Know

If the Appeals Council decision is unfavorable, the final stage of appeal is a federal court appeal. 

In this stage, you must file an action in the US District Court. The deadline will be up to 60 days after receiving your notice of the Appeals Council’s action. You are expected to receive the notice five days after the date of the notice.

The US District Court will process the presenting case and determine the final Agency decision. You can expect the court to:

  1. Send the case back to SSA for a new hearing and issue a new decision
  2. Order the SSA to award the benefits
  3. Dismiss the case.

Why You Need a Representative to Help with Your Appeal

Appealing claims can take a lot of time and energy that you can use for your other priorities. A representative experienced with the SSA appeals process can help increase the likelihood of a successful appeal. They can help you get your benefits by navigating the complex appeals process and qualifications. 

Many qualified non-attorney representatives work on a contingency fee basis, which means they only get paid if you win your appeal. This can be a helpful option for individuals who cannot afford legal fees upfront.

Here at Marken Law, we know how valuable your time and effort are. Schedule a consultation to get successful appeals today by clicking the link below.

Marken Law Group | Social Security Appeals Process

Advancing Water Quality: EcoWater Systems’ Regeneration Excellence And Responsible Waste Water Management

Posted on by Bill Davis

At H2O Solutions, we’re dedicated to delivering pristine water quality while demystifying the essential processes behind it. Today, let’s explore a crucial facet of water softening – the regeneration process – and show why our wastewater disposal approach is efficient and a manifestation of our commitment to environmental responsibility.

Cracking the Code on Softener Regeneration

Water softeners tirelessly combat hardness-causing minerals. It gradually loses effectiveness over time. Enter regeneration, a critical process breathing new life into resin beads, ensuring peak efficiency.

A brine solution rejuvenates the resin beads during regeneration, displacing accumulated minerals. Now in brine form, these minerals are efficiently flushed out, revitalizing the resin beads to tackle hardness once more. It’s a cyclical process vital for maintaining your water softener’s optimal functionality.

Efficient Waste Water Disposal

We recommend EcoWater Systems for its environmentally conscious approach to wastewater disposal during regeneration. Unlike some conventional softeners that discharge excessive water, our systems are meticulously designed for minimal waste. Our high-efficiency water softeners use the right amount, optimizing performance and conserving water.

Where Does the Discharged Water Go?

Wastewater generated during regeneration is directed into your existing drainage system and treated like household wastewater. It seamlessly flows into your sewer or septic system, managing responsible wastewater without burdening local treatment facilities.

The EcoWater Advantage:

  1. Water Conservation Excellence: Our softeners are engineered for maximum efficiency, utilizing only necessary water for regeneration. This minimizes water waste, preserving precious resources.
  2. Environmental Responsibility: We’re committed to reducing our ecological footprint by designing systems prioritizing water conservation and actively contributing to sustainable water management practices.
  3. Cost-Efficient Solutions: Using less water during regeneration Benefits the environment and gives you cost savings. Reduced water consumption means lower utility bills, offering a sustainable, economical solution.

Responsible Waste Water Management in Detail

Through EcoWater Systems, wastewater from regeneration, enriched with displaced minerals, travels through your drainage system to reach the sewer or septic system. Our commitment to responsible wastewater management ensures seamless integration, meeting all environmental regulations and standards.

Empowering You Through Water Testing

To elevate your journey towards optimal water quality, H2O Solutions offers a complimentary water test. This analysis helps you understand your water composition, allowing us to tailor solutions to your unique needs.

Why Get Your Water Tested?

  1. Tailored Solutions: A water test equips us with precise insights, enabling personalized solutions addressing your needs.
  2. Health and Well-being: Understanding your water’s characteristics is fundamental to ensuring your family’s health. Identifying and addressing potential contaminants is a proactive step toward a healthier lifestyle.
  3. Environmental Stewardship: Understanding your water quality actively contributes to sustainable water management. Targeted solutions minimize unnecessary treatments, aligning with our commitment to environmental responsibility.

Optimize Your Water Quality Today

EcoWater Systems is more than a water treatment provider; it’s a commitment to excellence in water quality, environmental responsibility, and well-being. Take the first step today – let us test your water for free and embark on a path toward a healthier, more sustainable water future. Because at H2O Solutions, your water isn’t just our business; it’s our dedication to a superior, healthier world.

Questions? We’re Here to Help

Navigating the maintenance and care of your EcoWater treatment system is vital to ensuring its lasting efficiency and performance. Whether it’s understanding salt maintenance, troubleshooting regeneration issues, or planning system deep cleaning, our team, as an EcoWater Systems distributor, is here to assist you every step of the way. Contact us today through the link below.

H2O Solutions

Is Congress Cutting Social Security

Posted on by Teresa Chew

The media in the U.S. is reporting that possible legislation from the House of Representatives could potentially cut Social Security benefits, but, that may not be the full story.The legislation that the House is looking to pass is bill H.R.5779 – Fiscal Commission Act of 2023.The Fiscal Commission Act of 2023 is calling for the creation of a 4 person commission that will design a pathway to a balanced budget “at the earliest reasonable date.”The requirements of this commission will be to “stabilize the debt-to-GDP ratio at or below 100% by the end of the 10-year period”.As of the 3rd Quarter of 2023, according to the St. Louis Federal Reserve that U.S. debt-to-GDP is at 120.13%. Meaning that the U.S. is spending well more than what it is taking in.Is the Fiscal Commission going to be all Republicans?The construction of the commission, according to the bill, will consist of “3 individuals from among the members of the Senate, and 1 outside expert”.The Senate Majority Leader, Charles (Chuck) Schumer, will have the responsibility of selecting all members of the commission.Yes, this is a Republican bill, but the power and control this bill will create will reside within the confines of the Senate Majority Leader and only that person, which until the next election is going to be a Democrat.Will this commission begin cutting Social Security benefits?There is nothing specific within the Act to Social Security nor is there any mention of cuts, cutting or even the word cut throughout the entire bill.Again, the bill from the House is simply requesting that the Senate Majority Leader hand select 4 individuals to devise a plan on how to bring down the country’s debt.Are Social Security benefits going to be cut?According to the Social Security Board of Trustees (SSBT), the Social Security program has enough funding to continue benefits as they are today through at least 2034.However, the Trustee are also reporting that the program’s operating expenses will increase by 5.42% annually while the payroll tax revenue to fund it will only grow by 3.80% over the next 9 years.Coupling this issue is the demographics within the United States as the Trustees are also stating that the country’s fertility rate will only be 1.99% going forward.This means that the current Social Security program is in the death spiral of having more and more people aging into the program while less and less people are taking their place to fund the benefits.Eventually, when it comes to the Social Security benefits, something has to give as it appears that there just won’t be enough revenue from taxes to continue to paying out the same amounts when it comes to benefits.But, again, there is nothing in this bill that even suggests that Congress will be cutting Social Security benefits.irmaa may be able save the Social Security program.By law Social Security benefits automatically pay Medicare premiums on a monthly basis.Medicare also has a tax on income through Medicare’s Income Related Monthly Adjustment Amount (IRMAA).IRMAA is simply a surcharge that is added to a retiree’s Part B and or Part D premium if they are earning too much income.Currently, you have to qualify for IRMAA by generating $103, 000 in income a year if you are an individual and $206, 000 for couples.The more income you generate after these initial qualifying points the higher the chances that your Medicare premiums increase even higher.Saving the Social Security program or at least lowering the obligations of the program can literally just come down to changing the IRMAA qualifications.

Proposed Cuts to Social

Posted on by Rita Murphy

You may have heard by now that there are proposed cuts to Social Security and are not sure if this true or not, well, unfortunately, it is actually true.Social Security is in trouble.Before diving into the who’s and what’s of these proposed cuts to Social Security it must be stated that something needs to be done really soon as the program is in big trouble on paper.Since 2018 the part of the Social Security program that provides retirement benefits (OASI) is and will be running at a loss each and every year.This means that the amount of benefits that the OASI is providing to retirees is greater than the amount of money that the program brings in.To provide some clarity on this huuuuge problem:In 2018, according to the Trustees of Social Security:The total cost to provide benefits within the OASI program = $853.4 million.Total revenue for that year = $831.0 million.There is an obvious shortfall of $22 million and the problem is not getting better, in fact the gap between benefits verse revenue is widening.By 2022, according to the Trustees, the problem became:The total cost to provide benefits within the OASI program =. $1, 097.5 billionTotal revenue for the year = $1, 056.7 billion.The shortfall grew to $40.8 million in just 4 years and, again, the problem is growing larger annually.The Trustees of Social Security, in its 2023 Annual Report, is reporting that:The costs to run the program are going to inflate by over 6.40%The revenue to provide benefits is only going to grow by 4.90%.At these rates by 2032 the shortfall for the OASI part of Social Security will be $428.3 billion!This is why the media is reporting that by 2032 the Social Security program may become insolvent.Is Social Security really going broke?What are the current proposed cuts to Social Security?The Social Security Administration has 9 proposals for cuts to the program which all begin by the end of 2024 and they are:1st Proposal: Reduce the annual COLA by 1 percentage point.This option will decrease Social Security benefits for retirees.2nd Proposal: Reduce the annual COLA by 0.5 percentage point.Like Option #1, this proposal will decrease Social Security benefits for retirees. The only difference is the decrease will be half of Option #1.3rd Proposal: Compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W).The Social Security cost of living adjustment (COLA) uses the 3rd Quarter monthly averages of the Consumer Price Index for Workers (CPI-W).Social Security takes the averages of these 3 months in the 3rd Quarter and compares them to the previous year’s 3rd Quarter.If the average is greater than the previous year, then there will be a COLA for those receiving benefits.Chained Weighted CPI-W is a more accurate average where certain averages are disregarded if they are not in the norm.This proposal will decrease benefits going forward.4th Proposal: Compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W) but start it in 2026 instead of 2024.This proposal will decrease Social Security benefits for retirees, but will start 2 years later.5th Proposal: Add 1 percentage point to the annual COLA for beneficiaries who have lived past a “specified age”.It appears that only certain retirees who are a certain age and older will receive a COLA going forward.This proposal may lower benefits across the board for retirees, but the good news, those retirees who reach the specific age may receive a COLA that would be higher than before.6th Proposal: Compute the COLA using the Consumer Price Index for the elderly (CPI-E).The CPI-E tracks the expenses specifically for Americans who are 62 years of age or older.Historically this Index is much lower than what the Social Security Administration uses and may lead to lower Social Security benefits for retirees.