The stability of the Social Security system in the United States is in a critical situation Recent changes in tax legislation ...

The 2025 budget law will accelerate Social Security insolvency to 2032. The program will go insolvent during the term of the ...

Social Security's chief actuary said in a letter that trust fund insolvency moved up due to recent tax changes, potentially ...

Last year’s estimate from the program’s trustees put the Social Security go-broke date at 2035, but the Social Security Fairness Act, enacted in January, increased benefits for many and is one ...

The current average Social Security benefit for a retiree stands at $1,976, which means a 19% reduction would take their monthly check down to about $1,600.

And with Social Security so near to insolvency, some tax hikes and benefit cuts are likely inevitable even with a shift to stocks. "The first rule of investing, after all, is that there is no such ...

news | National Medicare, Social Security go-broke dates pushed up. Here’s when the new date is Trustees say changes urgently needed to prevent insolvency.

Retirement Social Security's new insolvency date on collision course with retiring boomers By Nathan Place April 03, 2023, 8:43 p.m. EDT 4 Min Read ...

WASHINGTON — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a ...