Here's a proposal to fix Social Security that we could enact today
The request for this estimate was submitted by Maryland Democrat Rep. Steny Hoyer, but the proposal was constructed by Wendell Primus, an economist and long-term Congressional staffer, who spent ...
Benefits Pro3h
Social Security Fairness Act’s boosted payments to 3M public employees ‘could take more than 1 year’
President Biden signed the new law, which will boost Social Security retirement payments to police and firefighters, but now ...
The Free Press1d
Florida Sen. Scott Reintros Protect Our Seniors Act To Safeguard Social Security, Medicare
Senator Rick Scott (R-FL) announced the reintroduction of his Protect Our Seniors Act, a legislative effort aimed at preserving and protecting Social Security ...
Money Talks News on MSN2d
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 ...
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'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.
Here's How Much Money Social Security Needs to Avoid Benefit Cuts in 2035
Social Security only has nine years left until it becomes insolvent, and in light of the Social Security Fairness Act's ...
24/7 Wall St5d
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 ...
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 ...
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 ...
A $196 Billion Giveaway? Critics Decry The New Social Security 'Fairness' Act
The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an ...