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One of the favorite liberal solutions to Social Security’s financial problems is to eliminate the wage cap entirely but give people who earn more than the cap no benefits above the current formula.
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security.
One of the biggest mistakes people make when it comes to Social Security is claiming too early at a much lower benefit. Americans can boost their chances of not outliving their savings by delaying ...
When asked why they chose to take benefits at the age they did, 47% of current beneficiaries said it was due to life events outside of their control, according to a 2024 survey from the Nationwide ...
Social Security recipients are likely breathing a little easier now that the U.S. House has passed a bill to raise the debt ceiling, thereby lowering the risk that Social Security payments could be...
However, if your ex is eligible for spousal benefits from Social Security, that won't impact the amount of money you collect each month. It's not as if that sum is deducted from your monthly payments.
The Social Security Fairness Act (SSFA), which was recently signed into law on Jan. 5, by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income ...
"Never ever, ever will Social Security be eliminated," Teresa Ghilarducci of the New School for Social Research told Yahoo Finance. "The politics for Social Security are just way too strong."