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Unless lawmakers come up with a plan to deal with Social Security's looming funding shortfall, retirees will likely see a reduction in benefits in about a decade. That reduction could be especially...
Image source: Getty Images. The bad news. Let's start with the bad news. Social Security is going to deplete its trust fund soon. By 2035, the combined trust fund for the Social Security ...
Each year, the Social Security Trustees release a report that reviews the state of the program's finances. This year's report contains some unfortunate news for seniors. However, the news also isn ...
The 2024 Trustees Report says that if the government makes no changes to Social Security, the program would be able to pay out only 79% of scheduled benefits to retired workers and their families ...
The Social Security Administration (SSA) released its 2024 trustees report in mid-May, and here's what it says about the program's future. Person with a serious expression looking at a tablet ...
Anxiety over the future of Social Security has had at least one positive impact: Americans have increased their participation in workplace retirement plans over the past 15 years, according to a ...
Former President Donald Trump’s policies would meaningfully hasten the demise of Social Security’s trust fund, according to a new report. Properly funding Social Security has long been a ...
Further delay in fixing Social Security's shortfall means "the burden of tax increases or benefit cuts fully shifts to millennials and subsequent generations,” according to a new report ...