Money Talks News on MSN1d
Social Security Trust Fund Faces Critical 2033 Deadline, Reports Show
Social Security's retirement trust fund faces a critical turning point in 2033, potentially reducing benefits to 79% of ...
Social Security's Day of Reckoning Is Getting Dangerously Close
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...
What you need to know about Social Security changes
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner ...
Are You Taking Social Security and Worried About the Federal Funding Freeze? Here's What You Need to Know.
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently ...
Here's a proposal to fix Social Security that we could enact today
A mix of tolerable benefit cuts and realistic revenue increases would make everyone better off In early January, Stephen Goss, Social Security's chief actuary released estimates of a comprehensive ...
Here’s the Timeline for Social Security Cuts — and What Lawmakers Can Do to Avoid Them
There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social ...
Social Security Is Set to Run Out of Money in 2034. Here's Why That's Probably Too Optimistic.
Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...
Salon4d
What you need to know about Social Security changes
That date could move up by six months. With the Social Security Trust Fund already running low, Congress will need to address the program’s funding shortfall as they implement the Social ...
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness ...
Morningstar3d
New Report Details Long History of Public Support for Social Security
Left unaddressed, exhaustion of the Social Security trust fund likely will mean a 20 percent benefit cut for current and future beneficiaries," Bond said. "Millions of seniors depend on their ...
24/7 Wall St4d
3 Reasons It's Dangerous to Retire on Social Security Alone
Although millions of older Americans rely heavily on Social Security to make ends meet in retirement, an estimated 40% depend ...
Self Employed on MSN23h
Vermont bill could end Social Security tax
The proposed bill to end income tax on Social Security benefits in Vermont is gaining attention. Introduced last week, the bill aims to make retirement easier by exempting Social Security benefits ...