Browsing Tag
Social Security
398 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.
New Social Security Bill Will Change COLA Formula, Eliminate WEP
'It improves the annual cost-of-living adjustment (COLA) formula to better reflect the costs incurred by seniors through adopting a CPI-E formula'
It’s Official: 2022 Social Security COLA is Highest in 40 Years
5.9% cost of living adjustment announced this morning will boost the average monthly benefit by $92
Fresh New-Look Social Security Statement Debuts
Redesigned look and feel to statements replaces old text-heavy four-page document with two pages of “easy to read” boxes, charts and graphs
Social Security Benefits Getting Cut? There’s Insurance For That
Annexus and PlanGap partner to offer new solution that will provide a benefit if Social Security is reduced
2022 Social Security COLA: Final Estimate Confirms it Will More Than Quadruple
The Senior Citizens League narrows down what official cost of living adjustment for next year will be to within a tenth of a percent
Social Security Confidence Survey Shows Retiree Doubt
Seventy percent doubt they will receive full benefits in new PlanGap survey
Social Security Trust Funds Lose Another Year of Solvency
Go ahead and lop another year off of Social Security’s long-term solvency. The Treasury Department finally released the…
Pandemic Leads to Big Spike in Social Security Beneficiary Deaths
Nearly 400,000 more Social Security beneficiaries died in 2020 than in 2019 according to newly released information, highlighting…
Latest Social Security Bill Seeks to Keep Vulnerable Americans from Poverty
The latest Social Security-related legislation to be proposed on Capitol Hill is a bill introduced this week by…
2022 Social Security COLA Estimate Ticks Up Yet Again
The annual Social Security cost-of-living adjustment (COLA) could be 6.2% percent next year—the highest in almost four decades…