Social Security's retirement trust fund faces a critical turning point in 2033, potentially reducing benefits to 79% of ...
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner ...
Section 201 of the Social Security Act requires that the money in the trust funds be invested in interest-bearing debt ...
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently ...
There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social ...
Trump has pledged to end taxes on Social Security income, which could change payments for millions of Americans.
President Joe Biden stated the measure will raise Social Security benefits by an average of $360 monthly for 2.8 million ...
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 ...
Here's the big picture. The Social Security Board of Trustees has confirmed the Social Security Trust Fund is running out of ...
With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to ...