Social Security's retirement trust fund faces a critical turning point in 2033, potentially reducing benefits to 79% of ...
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 ...
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...
Social Security only has nine years left until it becomes insolvent, and in light of the Social Security Fairness Act's ...
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner ...
A new bill has been introduced in Congress that could significantly alter the Social Security payroll tax structure in the ...
There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social ...
Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...
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 ...
President Biden signed the new law, which will boost Social Security retirement payments to police and firefighters, but now ...
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness ...
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 ...