Given the number of Americans today who rely on Social Security to make ends meet in retirement, the idea of the program ...

The Trump administration's establishment of the Department of Government Efficiency (DOGE) marked a pivotal shift in federal ...

Social Security, the mainstay retirement program ... But could it be that Trump’s initiatives accelerate that insolvency date? Because, at that point, the program would need to cut benefits ...

The Penn Wharton Budget Model found that eliminating income taxes on Social Security would cost $1.5 trillion over the next decade and speed up the program’s projected insolvency date to 2032.

If the U.S. economy were to slide into a recession, that could impact Social Security's funding and potential insolvency date, Johnson added. The trust funds that back Social Security are expected ...

The system needs reform — not to replenish its illusory assets, but to help curb government borrowing and align the system ...

The new law will hasten the program’s insolvency date by about half a year. “Social Security’s aggressive schedule to start issuing retroactive payments in February and increase monthly ...

But that change is unlikely for one reason: Social Security already faces a serious financial problem that may lead to trust fund insolvency ... who do not have a date of death associated with ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The Social Security Administration has started issuing retroactive payments and ...

But could it be that Trump’s initiatives accelerate that insolvency date? Because ... has implemented significant changes to Social Security since taking office in January 2025.