Boston College's Center for Retirement Research (CRR) provided figures for the tool to determine monthly distributions. Thanks to Steve Sass and Zhenya Karamcheva for all their work to support this effort.
Texas Tech's Doctoral Program for financial planning was another contributor. Thanks to Professor Deena Katz and student David Nanigian.
Four of the five solutions to fix Social Security were directly drawn from the Social Security Administration's Web site. CRR used this data to craft projected distributions. The fifth provision, increase payroll tax by 2.01%, was crafted by CRR, based on Social Security's statement that this is the current shortfall in revenue vs. expenses.
FPA would like to thank its Social Security volunteer committee, especially chair Alan Ungar, who came up with the idea to create a consumer awareness and advocacy tool for Social Security issues.