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.
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
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
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
Around the Industry: Barbie’s 401(k) Balance; 1 in 5 Don’t Know What a 401(k) Is; 20 ‘Least Worst’ Plans of 2022
A quick look at three wide-ranging new reports about 401(k) plans
1 in 5 Fear Never Being Able to Retire
Of those who doubt retiring, vast majority in new Axios/Ipsos poll say it’s because they don’t think they’ll be able to afford it
Senator Murray Calls for Tax Fairness with Social Security
In a Senate Budget Committee Hearing on Wednesday, Sen. Patty Murray (D-WA) called upon wealthier Americans to pay their "fair share" of Social Security taxes
Latest Social Security COLA Projects Increase of 3%
The rise is a 0.3% increase from last month's estimate of 2.7%
California Man Guilty of $800,000 Social Security Fraud Scheme Over 30+ Years
Donald Felix Zampach concealed his mother’s death for more than three decades while he collected benefits in “longest-running and largest fraud of its kind”
Do Equity Investments Make Sense in Social Security?
A new report by the Center for Retirement Research at Boston College questions whether equity investments can be a tangible solution for fixing Social Security insolvency
Hottest Topics of 2023: Mid-Year Review of Most-Viewed Articles
The Fourth of July holiday marks the ideal time to look back at the issues sparking the most reader interest during the first half of the year