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.
Biden’s Budget Seeks Ban on ‘Mega-Roth’ IRAs
The $6.8 trillion budget released today, deemed “DOA” by House Republicans, includes a variety of tax increases for wealthy
March 9, 2023
Nikki Haley Proposes Changing Retirement Age
The former South Carolina governor called for changes in retirement age and Medicare Advantage plans, but did not provide specifics
March 9, 2023
4 Senators Want Americans to Wait Until 70 to Claim Social Security
Bipartisan legislation introduced this week proposes two key changes that would encourage people not to claim early
March 7, 2023
George Fraser and Shlomo Benartzi: The Power of Pennies
Cover Story: How the elite advisor and behavioral economist are using “change” (instead of percentages) to dramatically change participant outcomes
March 3, 2023
Bernie Sanders Reintroduces Bill to Increase Social Security Benefits, Extend Solvency
Legislation comes at a time of heightened interest as CBO forecasts spike in spending and debt ceiling debate looms
February 21, 2023
Most Expensive Cities to Retire: Where $1 Million Isn’t Enough (And Where it Is)
One state has 12 of the 20 most expensive metro areas for retirement, where a nest egg much larger than $1 million is needed for a comfortable retirement
February 10, 2023
Biden State of the Union Moment: Bipartisan Agreement on No Cuts to Social Security and Medicare?
President gets both sides to “stand up for seniors” during strange exchange, but Republicans say he misstated their position from the outset
February 8, 2023
McCarthy Takes Social Security Cuts Off the Table in Debt Ceiling Debate
Speaking to reporters Wednesday, Sen. Joe Manchin says the House Speaker agreed not to propose Social Security and Medicare cuts during negotiations to raise the debt limit
January 25, 2023
Retirement Watch: Debt Limit Debate, Ultra-Rich Beg to be Taxed, French Protests
A closer look at three wide-ranging retirement-related issues making news this week
January 20, 2023
5 Key Topics Where Near-Retirees Want More Guidance
Allspring Global Investments’ annual retirement survey finds retirees are doing well, yet opportunities remain for near retirees to seek guidance from advisors and plan sponsors
January 18, 2023