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Income for the lower and middle classes is stagnant: Only income up to a certain amount is subject to Social Security payroll ...
U.S. workers appear to have a knowledge gap about Social Security, which could lead to money-losing mistakes once program ...
The long-term outlook for the Social Security trust funds has declined slightly, the latest annual report from the program’s ...
Many people would not be able to survive financially in retirement without Social Security. For those who enter their senior ...
The system’s trust fund is expected to run out by 2033 unless Congress takes action.
Shrinkage is a part of every retail company’s reality, and some businesses try to cover the potential decrease in profits by increasing the price of available products to account for the losses ...
Americans looking forward to starting their new lives after retirement may need to reconsider, as the latest Social Security ...
While Social Security is in no danger of insolvency, its existing payout schedule, including annual cost-of-living ...
As Elon Musk took a figurative chainsaw to the Social Security Administration earlier this year, there were those, like U.S. Rep. John B. Larson (D-Connecticut), who suspect the move had a lot to ...
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
Improving the funding outlook for Social Security benefits requires action from lawmakers. This is not an unfamiliar situation—the trust funds faced insolvency back in the early 1980s.
Some 67.6 million people were enrolled in Medicare. Social Security and Medicare have long been on shaky financial ground, largely because the nation's population is getting older and living longer.
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