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.
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
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
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
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
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
Inflation Moderating, But Will Social Security Recipients Catch Up?
New analysis from The Senior Citizens League finds the average Social Security benefit has fallen short of inflation by more than $1,050 since the start of the pandemic
2023 Changes to 401(k), HSA Contribution Limits and a Historic Social Security COLA
The New Year means new annual contribution limits for various retirement plans take effect, as well as an 8.7% Social Security raise
Social Security Benefits Need 23% Cut in 2034 Without Action: CBO
New report outlines scenarios while senior Treasury department official warns cuts would “decimate” retirees’ standard of living
2022 Social Security COLA Falling Well Short of Inflation
Average monthly benefit check trails inflation rate by 46%, The Senior Citizens League reports
Social Security Updates Website: What’s New
Reimagined website launched this week prioritizes customer experience, adds benefit eligibility screener