Browsing Tag
Social Security
396 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.
Defending the 401(k)
While attacks on defined contribution plans have ramped up significantly in the past year, advocates for workplace retirement plans are stepping up to counter their claims
2025 Social Security COLA Forecasts Recede Slightly
Predictions for next year’s raise decline for first time this year based in today’s inflation data
Why Social Security Fix Needs to Happen Sooner vs. Later: Munnell
Investing trust fund in equities, raising payroll tax among potential fixes offered in Center for Retirement Research brief, which emphasizes how further delay hurts younger generations
10 U.S. Cities with the Highest Retirement Income
SmartAsset study ranks 345 largest U.S. cities according to mean retirement incomes for seniors, and also breaks down by cities with highest Social Security benefits
Growing Number of Adults Urge Congress to Address Social Security Insolvency
97% of U.S. adults want their elected leaders to propose solutions that would boost Social Security
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