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As the population ages, the amount in benefits being paid out is exceeding how much the program takes in. This has been the case since 2021. Approximately 70 million beneficiaries in 2024 drew funds ...
By Quentin Fottrell 'After the age of 50, I really only had sporadic contract work and I had to sell my house' "My savings ran out because of the periods of unemployment or undere ...
President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago on Aug. 14, 1935. Social Security ...
In a legal opinion letter, first reported by Washington City Paper, the district’s elected attorney general, Brian Schwalb, ...
"Money I've wanted to leave to my grandkids won't be there anymore," said George, 65. "There won't be any more new cars or ...
President Trump has pushed to make the federal government more efficient, but changes to tax law could lead to deeper Social ...
A new analysis of the Social Security trust funds shows the program may run out of money earlier than expected, thanks to provisions in the law called the One Big, Beautiful Bill Act and signed by ...
The chief actuary for Social Security says that President Donald Trump’s One Big Beautiful Bill Act (OBBBA) will increase the program’s costs starting in 2025, causing the combined Social Security ...
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