Browsing Tag
Social Security
391 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.
2025 Social Security COLA Forecast Ticks Up
Retired policy analyst Mary Johnson forecasts a 2025 Social Security update of 3.2%, while The Senior Citizens League estimates 2.66%
Securing Medicare’s Financial Future
The program, initially made to offer coverage for seniors, risks insolvency in 2036 and multiple benefits cuts. But lawmakers and organizations believe there are paths to save the program
9 Years Until Social Security Trust Fund Becomes Depleted
2024 Social Security Trustees Report keeps estimate at 2033 for depletion absent Congressional action
9 Key Findings from EBRI’s 2024 Retirement Confidence Survey
Annual study finds majority of workers and retirees remain optimistic about retirement prospects
2 in 3 ‘Peak’ Boomers Not Ready for Retirement
Study released today finds more than half of 30.4 million Boomers turning 65 between 2024-2030 will rely primarily on Social Security for income
2025 Social Security COLA Estimate Jumps to 3%
Stubborn, higher than expected inflation numbers lead to fourth consecutive increase in the monthly estimate, up sharply from 1.4% in January
Oklahoma Congressman Stumps for Bipartisan Social Security Commission
Rep. Tom Cole (R-OK) pushing for creation of commission that would work to avert the program’s impending insolvency
BlackRock’s Fink Touts April Launch of ‘LifePath Paycheck’ TDF Strategy in Letter to Investors
Annual letter released today from the high-profile CEO calls for America to “rethink retirement”
Trump and Biden: What the Candidates Say About Social Security
President Biden vows to protect Social Security while Trump flip-flops between stances on the retirement benefit
GOP Committee Proposes Increasing Social Security Retirement Age for Future Generations
However, the Republican Study Committee emphasized it would not suggest cuts or delays to Social Security for current or near-retirees