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.
Bloomberg Latest Candidate to Propose Public 401(k) Option
Bloomberg Social Security Plan boosts payouts and adds a public 401(k) to strengthen retirement security for American workers.
20 Social Security Facts for 2020
Social Security, the largest government program in the world, is projected to pay out $950 billion in benefits…
Bernie Bashes Biden on Social Security Benefits Reform
Social Security debate heats up as Biden and Sanders clash over cuts, privatization, and political tactics in the 2020 primaries.
Alarming Number of Retirees Rely Solely on Social Security
A new report finds that a large portion—40%—of older Americans rely only on Social Security income in retirement.…
Bill to Resume Social Security Statement Mailings Advances in House
The Senate may soon have another retirement savings reform bill to add to the already overcrowded desk of…
Nearly Half of Families Have ‘No Retirement Savings,’ However …
Whom to believe? New research from the left-leaning Economic Policy Institute finds that the shift to defined contribution…
Timing is Everything in Retirement Planning
Everyone knows that at a certain point—many would say the sooner the better—people need to start planning for…
It’s Official: 1.6% Social Security COLA for 2020
Social Security COLA 2020 brings a 1.6% increase, raising benefits but concerns remain over buying power and retirement security.
Why Seniors are Delaying Retirement? Only $133,108 in Savings
It’s no huge mystery why so many people end up delaying retirement. If they have a job, they’re…
A Closer Look at Elizabeth Warren’s Social Security Expansion Plan
Last week, on the day of the most recent Democratic presidential candidate debate, Massachusetts Sen. Elizabeth Warren unveiled…