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.
Stimulus Sticking Point: Trump’s Payroll Tax Cut
The stage is now set for a nasty battle about whether or not the final version of the…
Vetting VP Contender Kamala Harris’ Views on Retirement
Updated: 2 Ways a Harris Presidency Could Impact Social Security With the likelihood of being selected as Joe…
Reports of Social Security Scams on the Rise
There has been a significant rise in reported Social Security impersonation scams, according to the Senate Special Committee on Aging.
This is How Much Retiring Couples Will Spend on Healthcare
According to a new report by Milliman, a healthy 65-year-old couple retiring in 2020 is projected to spend…
Survey Finds 1 in 3 Saved $0 for Retirement in Past Year
A frightening one in three Americans saved $0 for retirement in the past year according to the May…
No Social Security COLA Increase Likely for 2021
Social Security COLA 2021 may bring no increase, as The Senior Citizens League warns retirees of reduced buying power and deflation risks.
Is There Really a Retirement Crisis?
NOT TO DIMINISH the severity of recent coronavirus-fueled market events, but it’s not exactly news to note the…
Feds Consider ‘Ludicrous’ Plan to Trim Retirement Benefits
Round after round of recent economic stimulus in various forms has deficit hawks concerned about the potential damage…
How the Gender Pay Gap Persists Into Retirement
Older women receive just 83% of the retirement income older men receive, with new research finding that caregiving,…
Munnell Calls for Post-Crisis Action to Stabilize Social Security Finances
Social Security is once again proving its worth during the coronavirus pandemic, continuing to provide steady income to…