Browsing Tag
Social Security
396 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.
Social Security 2021: What Will and What Might Happen
Some changes impacting Social Security beginning in 2021 we know about, and other potentially more significant ones are…
Pandemic Moving Retirement Timelines For 30% of Americans
Retirement timeline changes after COVID-19, with 30% of Americans delaying or accelerating plans, study shows generational shifts.
Pandemic Forcing 29% of 401(k) Participants to Ponder Early Withdrawals
A pandemic-high 29% of 401(k) plan participants are now planning to withdraw early from their account to pay…
Americans Pessimistic About Congress’ Urgency to ‘Fix’ Social Security
A new survey conducted right after the Nov. 3 presidential election found most Americans think Social Security would…
Most People Claim Social Security at Age…
Most Americans start claiming Social Security benefits earlier than they should according to an analysis by the Bipartisan Policy Center.
Munnell, Biggs Debate Merits of Biden Social Security Plan
Two of the nation’s most high-profile retirement plan policy experts, Andrew Biggs and Alicia Munnell, often disagree on…
Biden’s Tax Plan: The $400,000 Question
You’ve likely heard the competing TV ads lately, where the Trump campaign says Biden will raise taxes if…
2021 Social Security COLA Officially 1.3%
Another twenty bucks a month is what the average retired worker receiving Social Security benefits will receive in 2021 after the Social Security Administration announced today that the official Cost of Living Adjustment (COLA) for next year will be an increase of 1.3%.
Biden Backs This Change for Social Security COLA
Biden Social Security plan could boost COLA by using CPI-E, raising benefits for retirees and protecting their buying power.
Final 2021 Social Security COLA Prediction
Social Security recipients are likely to get a 1.3% cost of living adjustment in 2021, per a forecast today by The Senior Citizens League.