Browsing Tag
Social Security
398 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.
Biggs: Social Security Exaggerates Shortfall of Retirement Income Replacement Rate
New working paper says retirement income security is actually improving while agency’s flawed calculation method makes it appear a “crisis” is brewing
September 1, 2023
Nikki Haley Again Calls for Raising the Retirement Age
The former South Carolina governor proposed increasing the full retirement age for Gen Z and Millennial workers
August 30, 2023
One-Third of Older Americans Fear Social Security Insolvency
Among calls for Social Security reforms, Nationwide finds more Americans are reporting fears of possible depletion
August 22, 2023
Chris Christie: Politicians ‘Liars and Cowards’ for Not Addressing Social Security Crisis
“Other than me, nobody in this race is willing to talk about it,” Republican 2024 presidential candidate says at conservative conference
August 21, 2023
Benartzi’s PensionPlus Partners with Capital Group, American Funds
Innovative joint service pilot program announced today empowers participants to easily create personalized paychecks for life in retirement
August 21, 2023
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
August 15, 2023
2024 Social Security COLA Watch: Latest Forecast Steady at 3%
July inflation data didn’t move the needle for The Senior Citizens League’s monthly cost-of-living prediction in advance of October’s official announcement
August 10, 2023
Why Only 1 in 10 Americans Maximize Social Security Benefits
2023 Schroders US Retirement Survey finds just 10% plan to wait until age 70 primarily over fears about the program’s solvency
August 8, 2023
Divide Doubles Between High, Low-Income Worker Retirement Account Balances
GAO report says lawmakers concerned current tax incentives heavily favor wealthy savers after report finds gap in account balances more than doubled from 2007-2019
August 4, 2023
Biden Taps Martin O’Malley to Lead Social Security Administration
President Joe Biden has selected former Maryland Governor Martin O’Malley as next commissioner of the SSA
July 26, 2023