Stories Tagged as
Social Security
GOP platform promises to preserve retiree benefits, but it's short on details
Jul 18, 2024
The Republican Party says it will maintain Social Security and Medicare entitlements without cutting benefits, but that's a tall order.
Social Security benefits have lost 20% of their buying power since 2010, report finds
by
Janet Nguyen
Jul 18, 2024
Social Security benefits are adjusted to protect retirees against inflation, but not enough, according to some experts, advocacy groups and lawmakers.
Does Social Security increase the national debt? It depends on how you define “debt.”
by
Nova Safo
and Kimberly Adams
Jul 4, 2024
The program pays $1.5 trillion a year and aids 70 million Americans. But it has its own budget and by law can't create debt or widen deficits.
Lawmakers managed to fix Social Security in the 1980s. But those fixes won't work a second time.
Jun 28, 2024
The Social Security program is on track to burn through its savings account by 2035 unless Congress changes the law before then. Social Security faced a similar funding crisis in the early 1980s.
Social Security cuts are inevitable by 2035 unless lawmakers act
Jun 27, 2024
Social Security has been known as “the third rail of American politics” since the early 1980s, with the idea that touching the program can prove deadly to a politician’s career.
What should you do if your Social Security number is stolen?
by
Janet Nguyen
May 10, 2024
Freeze your credit, and don’t be afraid to ask for help or use free, online resources, experts say.
When the government can no longer pay full Social Security benefits
May 7, 2024
Monday's report on the system's "go-broke" date raises questions about how Social Security is funded.
For public good, not for profit.
AARP survey shows many older adults worry about financing retirement
May 6, 2024
More than 60% of people over 50 are worried they won’t have enough money to live on in retirement, which is more than last year, according to a recent survey from AARP.
How entitlements like Social Security and Medicare got so big
May 3, 2024
These programs are the biggest part of the budget, and cuts to them feel personal, one expert says. Reducing them has been tough historically.
Should the U.S. raise the retirement age?
by
Matt Levin
Mar 26, 2024
Larry Fink, head of the largest money manager in the world, suggested in an investor letter that the retirement age should be higher because of longer life expectancies. But is that realistic?