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.
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…
Treasury Facing Heat on Overdue Social Security Trustees Report
The Social Security Act requires that trustees’ reports for the Social Security and Medicare trust funds be issued…
CBO Extends Timeline for Social Security Trust Fund Depletion
As we continue to wait for the 2021 annual report from the Trustees of the Social Security and…
Social Security COLA Estimate Rises Again on Inflation Fears
Citing higher gasoline prices and sharply rising inflation overall, The Senior Citizens League (TSCL) has updated its estimate…
Biden Fires Social Security Commissioner Saul
Biden fires Social Security chief after refusal to resign, naming Kilolo Kijakazi as acting commissioner amid policy shifts.
‘Fair COLA for Seniors Act of 2021’ Introduced in House
Social Security COLA change could boost benefits by using CPI-E, reflecting real senior expenses for fair cost-of-living increases.
‘Know Your Social Security Act’ Introduced in Congress
Congress enacted requirements in 1989 and 1990 for Social Security statements to be sent annually, but it’s fallen…
Nearly Half of Workers Unsure When They Will Claim Social Security
Americans appear to be conflicted when it comes to collecting Social Security while many are also struggling to…