"While we support the Academy’s efforts to educate the public about Social Security and changes that may be required to bring the system back into actuarial balance (and we believe that the new version of this tool is an improvement over the older version), we strongly disagree with its decision to remove the caveat language from the updated version of the change menu tool.... [This post] will briefly discuss the profession’s prior communications on Social Security and their recent guidance on fixed-rate pension plans and how that guidance can be interpreted to apply to Social Security."

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