Social Security is facing growing financial pressure, with the retirement trust fund projected to run out within the next ...
But smart planning can help ensure that you aren’t relying on Social Security benefits alone to support you in retirement.
Social Security benefits are at risk of a significant reduction unless Congress intervenes. According to the latest trustees’ ...
The Social Security Trust Funds hold the Social Security taxes paid by American workers. The trust funds are invested in Treasury securities that earn interest, helping the funds to grow. Four years ...
The trust funds that Social Security relies on to pay benefits are "rapidly heading to zero," according to the Center for Retirement Research at Boston College. Those funds, which are typically ...
For the average American, the message is anything but clear. Already, some policymakers have proposed raising the age that a person can claim Social Security benefits to 70 and beyond. That's not to ...
In this piece, we show that over 75 years, borrowing to fund Social Security could: Add over $150 trillion to the debt when adjusted for inflation, or over $700 trillion nominally Boost debt by over ...
Shoring up Social Security for future generations is going to require some tough and (likely) unpopular decisions.
Delaying benefits as long as possible tends to allow retirees to collect the most Social Security over their lifetimes.
The Cassidy-Kaine proposal also diverts Congressional attention from really fixing Social Security Sen. Bill Cassidy, the Louisiana Republican, has resurrected his proposal - this time with Virginia ...
Proposals to borrow for Social Security benefits could trigger higher interest rates across Treasury and mortgage markets, ...
Given how often the subject of Social Security solvency comes up, it would be easy to imagine that everyone understands how it works, including the all-important trust funds. This is a basic primer on ...