Lincoln Investment and Capital Analysts Form CRS ▪ Advisory services offered through Capital Analysts or Lincoln Investment, Registered Investment Advisers. Securities offered through Lincoln Investment, Broker-Dealer, Member FINRA/SIPC www.lincolninvestment.com. IMPORTANT: Electronic mail sent through the Internet is neither secure nor assured to be delivered on a timely basis. We strongly recommend that you do not send confidential personal information, such as social security numbers or account numbers, to us via electronic mail. Do not send time-sensitive or action-oriented messages to us via electronic mail. Unsolicited instructions to “buy” or “sell” a security or to conduct any other financial transaction may not be honored.

Archive

The Changing Fabric of Security

032816
1 minute

Founded some 80 years ago on the “insurance principle,” Social Security was designed to protect an aging population against inevitable risk. But even President Roosevelt didn’t understand his policy to be a panacea. And as he signed the Social Security Act into law, Roosevelt admitted the truth of the matter:

"We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life…”

As much as things have changed since then, the truth in Roosevelt’s words has only been reinforced. As in so many programs designed to benefit a majority, much good is done in the scope of “broader social objectives, rather than being shaped solely by…self-interest.” That goal in mind, it’s easy to understand why changes have come over the years: as the population changes, as society shifts, so must the programs designed to support the individuals and families that comprise our nation.

And yet, while a program like Social Security is founded on positive ideals and meant to support the populace as a whole, it’s simply too immense of an undertaking to not have at least a few snags. Today’s threats of depletion of funds and reduction in benefits pull at the program’s fabric, stretching it in new ways. With these risks in mind, the Social Security Administration (SSA) gave the reason for recent policy changes included in the Bipartisan Budget Act of 2015: to “eliminate aggressive claiming loopholes.” By that description, things sound awful dangerous in the Social Security world. But what does this jargon-y explanation even mean, and how are we personally affected? We’re so glad you asked. Check out our article, Social Security and the Bipartisan Budget Act of 2015 Unfolded.

Securities offered thru Sterne Agee Financial Services, Inc., member FINRA/SIPC. Advisory services offered thru Sterne Agee Investment Advisor Services, Inc. Securities and advisory activities supervised from 4407 Belmont Ave, Youngstown OH 44505, (800) 589-2023.

Terms & Conditions

These Terms & Conditions govern your use of this website; your use of this website indicates your acceptance of these Terms & Conditions in full.

Kindly note that the information and content provided on this website does not constitute professional advice. Although we do our best to keep everything on this site correct and up-to-date, we do not guarantee the completeness or accuracy of any information provided on this website. Improvements and/or changes in the products, services and/or programs described on this website may be made at any time without notice. We must also advise that hypertext links to other websites do not constitute an endorsement, nor do we guarantee any information provided by those sites.

While we do love when users share what they find on our website, it may be used or shared only for personal purposes. The information and content provided on this website is owned or licensed by FNA Wealth Management Ltd, and should not be used or disseminated for any profit or gain.

While using this website, please be aware that no insurance coverages can be bound and no amendments, supplements, or modifications can be added to your policy, new or existing, unless and until you have received a written binder from us or your insurance company.

For users outside of the US: We make no claims that the content on this web site is appropriate or may be downloaded outside of the United States. If you access the site from outside the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction.

Even though we work hard to ensure the security and safety of our website and its users, we cannot and do not guarantee that this website will operate error-free, nor that this website and its server are without computer viruses or other harmful material. If your use of this website or material from it results in any costs or expenses, we will not be responsible for those costs or expenses. This website and its materials are provided without any warranties of any kind, to the fullest extent permitted by law.

Please bear in mind that we will not be liable for any losses or damages arising under these Terms & Conditions or in connection with this website, whether arising in tort, contract, or otherwise – including, without limitation, any loss of profit, contracts, business, goodwill, data, income, revenue or anticipated savings.

Finally, if for any reason any portion or provision of these Terms & Conditions is ruled to be unenforceable, that provision will be enforced to the maximum extent permissible so as to affect the intent of the Terms & Conditions, and the remainder of the Terms & Conditions will continue in full force and effect.