Yes, compromise is inevitable, but Congress has a singular chance now to reduce the budget deficit through the Big Beautiful ...

As a Certified Financial Planner and CEO, I have spent many years guiding individuals toward smarter retirement decisions.

April Wilkerson builds a picnic table designed to last for years of outdoor use. Senate Approves Banning Unemployment ...

Lawmakers don't want to see those cuts happen, so they've been talking through different solutions to prevent them. And one ...

The average Social Security benefits for retired workers at different ages The Social Security Administration regularly ...

Once you reach retirement age and start receiving a monthly Social Security check, you might think your days of paying taxes are behind you, at least when it comes to paying taxes on Social Security ...

Importantly, RET amounts generally increase each year to account for changes in national wage levels. The trustee estimate ...

Social Security faces a shortfall because the program spends more than it takes in. In 2024, the OASI Trust Fund cost $1,327 billion to administer, but income totaled only $1,224 billion, a ...

By reducing immigration and deporting immigrants, the Trump Administration is further hurting Social Security’s finances. Immigrant workers strengthen [7] Social Security’s finances (see chart). Like ...

The Social Security Administration faces a funding crisis. Trustees say the projected shortfall in retirement benefits has risen to $25.1 trillion through 2099, up from $22.6 trillion a year ago.

The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that the combined Social Security trust funds will pay 100% of benefits until 2034 ...