Social Security needs a major overhaul to ensure it lasts, and every day that's put off, it grows more costly for Americans.
The program relies primarily on payroll taxes to fund benefits, and that money is then funneled out to current beneficiaries.
First, previous estimates had Social Security's trust funds running dry in 2034. This year's report pushes that depletion ...
On May 6, 2024, Secretary of the Treasury Janet Yellen co-authored a letter alerting Congress that the OASI Trust Fund ...
Although benefit cuts aren't a given, it's important to gear up for them -- whether you're already retired or not.
The figure for projected benefit cuts has also moved significantly, depending on fluctuating economic conditions and other ...
A small tax increase would make the essential national retirement program secure for decades, our columnist says, but ...
The Center for Retirement Research at Boston College has released an in-depth response to The 2024 Trustees Report for Social ...
One disappearing option is the chance to invest a portion of trust fund reserves in equities, Munnell says, noting this is an ...
Social Security report is not good news, but rather a frightening incentive for politicians to do nothing. That is terrible ...
A broad-based analysis of 20,000 retired-worker claims finds that, between ages 62 and 67, one claiming age is far superior ...
The projected depletion dates for Medicare and Social Security have been delayed according to the annual trustees report ...