Browsing Tag
Committee for a Responsible Federal Budget
6 posts
Analysis of New Social Security Trustees Report Exposes Harsh Realities
Accelerating insolvency timelines, high costs of fixes and inaction on Capitol Hill contributing to bedrock retirement program’s ever-growing financial troubles
Social Security Solvency Clock Ticking as Wait Drags On for 2025 Trustees Report
Overdue report will bring updated projections on insolvency timeline and potential benefit cuts; help advisors and clients plan for uncertainties
Trump Social Security Plan Would Hike Benefit Cuts, Speed Up Insolvency: CRFB Analysis
If former President’s pledges on campaign trail were to be enacted, budget watchdog says looming cut would have to go from 23% to 33% and insolvency occurs 3 years earlier
Typical Retiring Couple Facing $16,500 Social Security Benefit Cut in 2033
Updated report from budget watchdog puts annual figure on looming 21% benefit cut absent congressional action
Absent Action, Typical Couple Faces $17,400 Social Security Benefit Cut in 2033
Committee for a Responsible Federal Budget report shows potential dollar impact of a 23% benefit cut that would happen in a decade without lawmakers stepping in
You Won’t Believe the Size of This 2023 Social Security COLA Estimate
With high inflation, the Committee for a Responsible Federal Budget forecasts a range for next year’s Social Security cost of living adjustment that tops out in double digits