Browsing Tag
Social Security
406 posts
Social Security is a U.S. government program that provides financial support to retirees, people with disabilities, and surviving family members. It’s primarily funded by payroll taxes and provides monthly benefits to those who have contributed to the system.
Retirement Confidence Falls as Social Security, Medicare Concerns Mount
Two-thirds of workers in an EBRI/Greenwald Research survey expressed interest in a Social Security bridge annuity that would provide income until age 70
Six-Figure Social Security Cap Proposed to Boost Program Solvency
CRFB’s plan would limit benefits for top earners to close funding gaps, but critics such as The Senior Citizens League warn the move amounts to a benefit cut seniors overwhelmingly oppose
Updated 2027 Social Security COLA Forecasts: 2.8% and 3.2%
While one monthly prediction based on today’s inflation data spiked with surge in oil prices, The Senior Citizens League forecast holds steady for third straight month
Trump FY 2027 Budget Holds Social Security Funding Flat
Budget request dropped Friday keeps SSA funding unchanged, but draws criticism over agency underfunding and domestic program cuts as Republicans back what would be a major defense spending increase
New Bill Would Repeal Retirement Earnings Test
Proposed legislation by Chairman Rick Scott would help aging Americans continue part- or full-time work without the risk of losing Social Security benefits
Proposed Legislation Bars Crypto From Social Security Trust Funds
The No Crypto in Social Security Act would safeguard Social Security trust funds from alternative investments
Rise of AI Could Widen Wealth Gap Unless Investing Access Expands: BlackRock’s Fink
Annual Chairman’s Letter urges expansion of retirement savings, early investing pathways, and private market access to ensure more individuals benefit from the next wave of economic growth
Social Security Trust Fund Now Projected to Run Dry in 2032: CBO
Updated forecast moves depletion date up a year, raising urgency for reform as retirees face potential benefit cuts over 20% without congressional action
Latest 2027 Social Security COLA Forecast Holds at 2.8%
February CPI data keeps TSCL estimate unchanged, though analysts warn recent spike in energy costs will likely push projections higher
Workers Prioritize Emergency Savings, Sufficient Retirement Income: J.P. Morgan
Research from J.P. Morgan Asset Management highlights key trends in participant savings and spending