Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
7 Social Security Claiming Myths That Can Shortchange Clients
By John ManganaroHartford Funds' Mike Lynch says it's crucial to consider how timing, income and taxes all affect Social Security benefits.
February 08, 2023
Please Take Politics Out of Social Security Reform: Martha SheddenThere is far more agreement than disagreement about the ways to fix Social Security, Shedden says.
February 08, 2023
Biden Moves to Shield Medicare and Social Security From Budget ShowdownThe White House plans to post its own budget March 9.
January 27, 2023
5 New House Committee Chiefs for Advisors to WatchThese lawmakers have sway over issues like Social Security and Medicare reform and fiduciary rules.
January 26, 2023
A Crash Course in Social Security's Funding WoesTax increases and benefit formula adjustments could help, but legislative action is needed, and time is running out.
January 09, 2023
'Let's Fight Now' Over Debt Ceiling, House GOP Lawmaker SaysChip Roy says Republicans will not touch Social Security or Medicare benefits.
January 03, 2023
Raise the Payroll Tax Cap to Save Social SecurityNo surprise, Social Security will only be able to pay 76% of promised benefits by 2033 if nothing changes.
December 27, 2022
The 2023 Social Security COLA Is Almost Here. What Advisors, Clients Should KnowThere are a few key messages advisors should deliver to clients as the COLA takes effect, Jeff Levine says.