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The bipartisan proposal would establish a new funding model for Social Security, which its sponsors say could help save the program.
When it comes to retirement, most people look for the right time to maximize their benefits. Although the general advice from ...
However, the program has faced funding challenges in the past. Back in 1983, Social Security insolvency was just months away before Congress stepped in. Those reforms led to a gradual rise in the ...
It should also be noted that the One Big Beautiful Bill may accelerate the threat of Social Security and Medicare insolvency. That’s because income taxation of Social Security benefits is deposited ...
President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing even modest reforms to the entitlement program represents a likely path to ...
Sens. Bill Cassidy (R-La.) and Tim Kaine (D-Va.) proposed a new method to account for the expected lapse in the Social Security Trust Fund. A June report from the program’s Old-Age and Survivors ...
Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?
The Social Security Trustees' annual report, published several weeks ago, finds that the combined asset reserves of the two ...