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If you can keep working while looking after your health, do it. You get 100% of your Social Security benefit at full retirement age, which is 67 for anyone born in 1960 or after, and you receive a ...
Retirement savings fintech Pontera announced on July 1 a partnership with Lisa M. Gomez, former Assistant Secretary for the Employee Benefits Security Administration (EBSA) at the U.S. Labor ...
It's hard to plan when you're not sure what's happening next. How President Donald Trump's changes to Social Security are affecting retirees.
The Department of Labor is rescinding what it says are outdated regulations and guidance documents on employee benefit plans ...
Until 2010, workers paid more in Social Security taxes than what the federal government paid out in benefits, she said. Since then, Social Security has borrowed over $1 trillion to bridge the gap.
The trust funds that the Social Security Administration relies on to pay millions of U.S. retiree benefits could be depleted by 2034, according to a government report released this week.
According to data provided by the Social Security Administration (SSA), the average retired worker benefit in May 2025 was $2,002.39, the first time it has breached the $2,000 mark.
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending ...
Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.
Instead, Social Security beneficiaries would see a cut of between 19% to 23% to their benefits, the report said. The current average Social Security benefit for a retiree stands at $1,976, which ...
The Social Security Administration has updated its projections for how long the trust funds it relies on to help pay benefits may last. By Lorie Konish, CNBC • Published June 18, 2025 ...
Social Security's trust funds help pay for benefits when more money is needed in addition to ongoing revenue from payroll taxes. Workers currently contribute 6.2% of their pay toward Social ...
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