Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
December 04, 2022
Immediate Annuity Shoppers Look for 13% More Income: CannexThe increase in the private retirement income target is much larger than the 2023 Social Security COLA.
November 21, 2022
How Reforming Social Security, Medicare Can Be DoneThe GOP wants to mitigate rising costs by, among other things, raising the eligibility age for Medicare to 67 for those born after 1960.
November 17, 2022
Debate: Can Sen. Manchin Save Broken Social Security, Medicare Systems?Two professors share their viewpoints on whether the senator's support of GOP strategies would be a step in the right direction.
November 16, 2022
Acting Social Security Chief Calls for Funding BoostThe agency is facing backlogs after a staff shortage during the pandemic, Acting Commissioner Kilolo Kijakazi says.
November 04, 2022
Manchin Wants Deal on Social Security, Medicare and DebtSome trust funds that support the programs could run out of money in the next 12 years, which would trigger benefit cuts.
November 01, 2022
Why Clients Want to Claim Social Security Early, and What Advisors Can DoWhile some truly need the money, many others have issues an advisor could address, Joel Schiffman of Shroders says.
October 25, 2022
How 4 Generations Think Differently About RetirementBoomers, Gen X, millennials and Gen Z share many of the same dreams for retirement, but they're haunted by different fears.
October 25, 2022
Cato Scholar Makes Case for Means-Testing Social SecurityA Brookings economist balked at this idea, but the two scholars suggested some potential fixes with bipartisan support.
October 13, 2022
Enjoy the Social Security Bump Now. You'll Pay Later.In 2035, taxes taken in will cover only about 80% of the benefits paid out each month.
October 03, 2022
What's Up With the Social Security 'Donut Hole'?Proposals to extend the payroll tax to higher earners would increase these workers' taxes but not their retirement benefits.