Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
Alicia Munnell: Biden's Social Security Tax Hike Plan Falls Short
By Jane Wollman RusoffRaising payroll taxes on the highest earners isn't enough to fill the Social Security funding gap, the retirement scholar tells ThinkAdvisor.
February 17, 2021
How Biden's 'Donut Hole' Plan Could Undermine Social SecurityRichard Johnson of the Urban Institute tells ThinkAdvisor a way to raise revenue for the retirement program without creating a tax gap.
February 16, 2021
5 Ways Congress Could Boost Social Security, MedicareOne proposal from The Senior Citizens League: Apply the payroll tax to all earnings.
December 28, 2020
3 Social Security Changes Coming in 2021Also, check out three strategies for clients who must take benefits before their full retirement age.
December 22, 2020
Social Security, Medicare Face Urgent Challenges in 2021COVID has deepened funding shortfalls, sapped political will to fix them and created a problem for workers born in 1960.
November 22, 2020
The Social Security Trust Funds, ExplainedHow is Social Security funded? Is the program in trouble? What should advisors do?
November 17, 2020
How Biden Could Help Save RetirementRetirement scholar Teresa Ghilarducci tells ThinkAdvisor how the new president and Congress can heal the damage to the retirement system caused by the pandemic.
October 19, 2020
Senate to Vote on Stimulus, PPP Funds This WeekHouse Speaker Pelosi had set a Tuesday deadline for reaching a stimulus deal before the election.