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A former SSA executive proposed investing part of the trust fund in a Treasury note that would convert to an S&P 500 index, ...
FINALLY A member of Congress has admitted the true problem with our Social Security trust fund (“New bill retools Social Security, forces reporting of true deficit,” June 24).
Seventy plus years ago, the Federal Government got into the pension business with the beginnings of Social Security. With the simple thought that no senior in America should be destitute, ...
By keeping what amounts to a slush fund of invested Social Security payments, you can tap those accumulated assets for unexpected expenses if you so choose. By contrast, ...
The short answer is simple: when the Social Security Trust Fund is depleted, there will remain enough money to pay 80% of promised benefits. This statistic is cited repeatedly, with the intent, by ...
BAKERSFIELD, Calif. (KBAK/KBFX) — Recent changes to Social Security in the United States have left many current and future beneficiaries with more questions than answers about their retirement ...
The Social Security Old Age and Survivors Insurance fund, which pays out retirement benefits, is on track to run out in 2031 as the economic fallout from the COVID-19 pandemic takes its toll ...
The report cites “significant financing issues” for the shortfall. Social Security has been running at a loss since 2010, but the financial picture has worsened in recent years.
Social Security benefits are indexed for inflation. The higher inflation is, the higher the benefits the program has to pay. The 2022 report from the trustees estimates that the cost of living ...
Social Security's reserves could be depleted by 2033, ... Trust Fund, according to the 2025 Social Security and Medicare Trustees annual report released Wednesday. Invest in Gold .
The Old Age and Survivors Insurance Trust Fund, one of the funds that pay for Social Security, will be able to make full payments until 2033. That's one year sooner than last year's report projected.