Browsing Tag
Social Security
402 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.
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
401(k) Market Minute: Massive Social Security Benefits Adjustments, Crypto 401(k) Caution, and SECURE Gets Whacked
Rising inflation, of course, means rising Social Security COLA adjustments, and managing editor Brian Anderson reports that 2023 could…
2023 Social Security COLA: Another Major Increase Likely
VERY early 2023 projection from The Senior Citizens League shows next year’s cost of living adjustment could far eclipse 2022’s 5.9% increase
McConnell: Scott’s ’11-Point Plan to Rescue America’ DOA on His Watch
GOP leaders spar on need to present a plan, while Florida Senator’s proposal could raise taxes on retirees and sunset Social Security in 5 years
Half of Social Security Beneficiaries May Pay Tax on 2022 Benefits
New survey from The Senior Citizens League shows retired and disabled taxpayers are “more uncertain than ever” about their tax liability this year
AEI’s Andrew Biggs on How the U.S. Retirement System Compares with Other Countries
How does the U.S. retirement system compare with other countries in retiree satisfaction? For all its faults, you’d…
4 Reasons People Aren’t Using mySocialSecurity
Research shows the few people that utilize the tool really appreciate it, but not enough Americans—especially younger people who could benefit most from its insights—are creating the free accounts
401(k) Participants Wary of Unfamiliar Social Security ‘Bridge’ Option
New Center for Retirement Research brief says introducing this option within 401k plans would help retirees by allowing them to delay Social Security claims
Senator Warren Wants to Reform Social Security Supplemental Income
'The average monthly SSI benefit is below $600, which would keep many elders in poverty'
When Will Fatter 2022 Social Security Checks Arrive? (And More New Year Changes)
The New Year brings with it a 5.9% COLA increase for beneficiaries, but also a record Medicare Part B increase and some additional limit adjustments