Social Security faces a potential funding crisis by 2033-2035, primarily due to the payroll tax cap's failure to keep pace ...
Millions of Americans rely on Social Security, but many are also concerned about its dependability going forward. 60% of ...
Read: Waiting until age 70 to claim Social Security gets you a lot more money. Here’s why so few people do it. The proposal reflects Primus’s extensive knowledge of both polic ...
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...
Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.
The Senate on Saturday passed the Social Security Fairness Act, a bill that would repeal provisions that reduce benefits for ...
The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still ...
Increasing the age at which taxpayers can claim benefits The last time Social Security faced a reserve deficit was in 1983. Bipartisan legislation increased the full retirement age from 65 to 67 ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The bill repeals two regulations which reduces benefits for many Social Security beneficiaries who earned a pension from work.
President Joe Biden stated the measure will raise Social Security benefits by an average of $360 monthly for 2.8 million ...
Social Security’s deficit is expressed by how much the payroll tax must increase to pay promised benefits for 75 years. And that amount is relatively small, just 3.62 percentage points (1.81 ...