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Now two US senators, Republican Bill Cassidy of Louisiana and Democrat Tim Kaine of Virginia, have offered a bipartisan ...
Senators Cassidy and Kaine propose a $1.5 trillion bipartisan fund to stabilize Social Security and prevent its collapse.
In the United States, the age at which workers can claim 100% of their Social Security benefits has been steadily increasing, ...
PFL offers an 11.71% yield but faces inflation, currency, and valuation risks with lagging performance and limited FX ...
Social Security is hugely important to a large share of Americans. Almost 69 million Americans will receive monthly Social Security benefits in 2025, totaling about $1.6 trillion in benefits paid ...
Social Security can rely on its trust funds to keep up with its benefit payments until those funds are depleted. And there’s a not-so-wonderful update in that regard.
Social Security and Medicare are expected to need to cut monthly benefits in less than a decade as the trust funds for both programs are on track to run dry earlier than previously predicted.
The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that the combined Social Security trust funds will pay 100% of benefits until 2034 ...
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
By reducing immigration and deporting immigrants, the Trump Administration is further hurting Social Security’s finances. Immigrant workers strengthen [7] Social Security’s finances (see chart). Like ...
Social Security’s combined trust fund reserves are now projected to run out in 2034, one year earlier than previously projected.
Social Security's reserves could be depleted by 2033, according to the 2025 Social Security and Medicare Trustees annual report released Wednesday.