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.
Second Trump Presidency: End of Tax on Social Security Benefits?
President-elect Trump promised to end the tax on the campaign trail, but didn’t specify how it would be paid for—a move that could hasten the program’s pending insolvency
November 6, 2024
Trump Social Security Plan Would Hike Benefit Cuts, Speed Up Insolvency: CRFB Analysis
If former President’s pledges on campaign trail were to be enacted, budget watchdog says looming cut would have to go from 23% to 33% and insolvency occurs 3 years earlier
October 22, 2024
Americans List Social Security, Medicare as Priorities for Congress
82% of retirees surveyed in a Transamerica report say they hope Congress and the next president will tackle Social Security's funding shortfalls
October 3, 2024
VP Debate Again Ignores Social Security Troubles
As in the Sept. 10 Trump-Harris debate, Tuesday’s Vance-Walz debate sidesteps a key issue to undecided voters
October 2, 2024
Social Security Insolvency Could Result in $900K Benefits Loss
A whitepaper by HealthView Services looks at how Social Security benefit cuts would impact future retirees
October 1, 2024
2025 Social Security COLA Falls Once Again
Both analyses from The Senior Citizens League and retired analyst Mary Johnson predict a 2.5% cost of living adjustment
September 11, 2024
Typical Retiring Couple Facing $16,500 Social Security Benefit Cut in 2033
Updated report from budget watchdog puts annual figure on looming 21% benefit cut absent congressional action
September 6, 2024
Social Security Trust Funds will be Exhausted by FY 2034: CBO
Newly updated report finds funds may last an additional year, but still tracking toward a 23% benefit cut absent Congressional action
August 30, 2024
Americans Unfamiliar with How or When to Take Social Security Benefits
And only 22% have talked about their Social Security concerns with an advisor, reports Allianz Life
August 29, 2024
How Advisors Can Assist Clients with the Latest Social Security Breach
Experts explain the top tips for protecting clients' retirement accounts and Social Security benefits
August 23, 2024