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.
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
April 10, 2024
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
April 4, 2024
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”
March 26, 2024
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
March 26, 2024
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
March 21, 2024
Early 2025 Social Security COLA Forecast Rises Again
The Senior Citizens League raises its outlook for next year’s cost of living adjustment to 2.4% based on latest inflation data released today
March 12, 2024
Biden Floats Billionaire Tax, Vows to ‘Protect’ Social Security
During State of the Union address, President says wealthy need to “pay their fair share” but measures face long odds in near term on Capitol Hill
March 8, 2024
T. Rowe Price Launches Social Security Tool Targeting Life Expectancy
The product includes a life expectancy model to understand at what age participants can yield the highest Social Security benefit
March 5, 2024
State of the Union: Will Biden Propose Social Security Expansion?
Speech Thursday could include call for expanding benefits by removing payroll tax cap
March 5, 2024
41% of Near Retirees Fail Basic Social Security Quiz
Nearly 80% failed or barely passed annual quiz from MassMutual; less than 1% got an A+
February 22, 2024