The Social Security trust fund is facing a shortfall. That means benefits could be cut in 2032, not wiped out completely, but ...
A wave of recent proposals argue that an ultimate solution lies in fundamentally changing how Social Security works.
Hypothetically, if the U.S. government redeemed this $2.555 trillion and simply returned it to Social Security, the program would lose out on more than $60 billion in estimated annual interest income.
This article adheres to strict editorial standards. Some or all links may be monetized. The Social Security Board of Trustees has announced the program’s combined trust funds are projected to cover ...
Proposals include increasing the retirement age, adjusting benefits, and raising payroll taxes. The Social Security Board of Trustees expects the program to become insolvent in the next decade, which ...
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Opinion: Social Security: Is there a third way out?
When the federal government starts coming apart at its fiscal seams, Social Security will be the first thing to unravel. It is among the country’s largest financial challenges at over $50 trillion in ...
Social Security is facing a $25.1 trillion long-term funding shortfall, as well as the prospect of sweeping benefit cuts in as little as seven years. Social Security Commissioner Frank Bisignano is ...
Forbes contributors publish independent expert analyses and insights. Teresa Ghilarducci Ph.D. is an Economics Professor. Today’s Social Security COLA (Cost-of-Living Adjustment) means that about 75 ...
When the federal government starts coming apart at its fiscal seams, Social Security will be the first thing to unravel. It is among the country’s largest financial challenges at over $50 trillion in ...
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