Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
September 01, 2021
The Social Security Trust Fund Is in Better Shape Than Expected. For Now.Jamie Hopkins, for one, wonders if the full impact of the pandemic on Social Security will emerge next year.
August 31, 2021
Social Security Fund on Track to Go Bust by 2033: Trustees ReportThe trustees' 2021 projection is a year earlier than last year's estimate.
August 06, 2021
Sen. Crapo to Yellen: Where's the Social Security Trustees Report?"It is now early August, and Treasury officials have not yet contacted my staff regarding the anticipated release date for the reports," Crapo told Yellen.
July 27, 2021
COLA Wars: Will Congress Change How Social Security Raises Are Calculated?The fate of a recent Social Security bill is uncertain. Meanwhile, an index tracking seniors' costs is rising more slowly than the broader index.
July 15, 2021
Biden's Payroll Tax Hike Plan: Beyond the Donut HoleWhile this plan has received little discussion in Washington lately, forewarned is forearmed for your high-earning clients.
July 10, 2021
Biden Fires Social Security Administration ChiefThe term of Trump appointee Andrew Saul was set to expire on Jan. 19, 2025.
July 06, 2021
5 U.S. States Where COVID-19 Slashed Birth RatesIn these states, the pandemic has had a profound effect on population age distributions.
June 01, 2021
Social Security Uncertainty Can Cause Costly Retirement Planning Mistakes: StudyResearchers estimated the cost to workers of waiting too long to address Social Security funding.
May 28, 2021
U.S. Federal Government Records $3.1 Trillion DeficitSocial Security payroll tax revenue and Federal Reserve contributions were up.
May 27, 2021
AARP Touts Popularity of Social Security, Medicare Amid TRUST Act ConcernsThe senior advocacy group worries the proposed TRUST Act would be used to fast-track benefit cuts.