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.
Latest 2023 Social Security COLA Estimate Holds Steady (and Still Huge)
As today’s new Consumer Price Index report shows inflation accelerated further in May, The Senior Citizens League keeps its forecast for next year’s cost-of-living adjustment steady, which would still be the highest in 40 years
7 Bipartisan Ways to ‘Fix’ Social Security
Survey finds majorities of Republicans and Democrats favor raising Social Security taxes on wealthy and raising retirement age, while increasing benefits for low-income Americans
Social Security Gains Another Year of Solvency: 2022 Trustees Report
Just-released report extends timeline for full benefits by a year—with a darker side to rosier outlook
Majority ‘Fail or Barely Pass’ Social Security Quiz
'Near-retirees have an opportunity to make a difference now to be better prepared'
Social Security Benefits Lose 40% of Buying Power Since 2000; Latest 2023 COLA Estimate Drops
Slight tempering of inflation reported in today’s new Consumer Price Index data results in a slightly lower estimate for next year’s cost of living adjustment
Principal’s Sri Reddy on the Value of Guaranteed Income Sources as Volatility Skyrockets
Recent market volatility has people thinking about guaranteed income sources in retirement, and there’s not a bigger one…
Lacking Faith in Social Security, Americans Want to Diversify Retirement Accounts
New study finds a lack of trust in Social Security is the leading motivator for having retirement accounts
Retirement Much Harder Financially for Single Seniors
Single women in particular face the most financial challenges in retirement according to new study from American Advisors Group
Inflation Still Greatest Threat to Retirement
More than 71% of Americans worry about inflation's impact on current lifestyle, retirement
2023 Social Security COLA Estimate Spiking with Inflation
The Senior Citizens League’s Mary Johnson ups her cost of living adjustment estimate from 7.6% to 8.9% after March CPI data shows the fastest rise in inflation since 1981