"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
Earlier this month, Congress passed anew lawthat ties veterans' benefits to Social Security's cost-of-living increase. Called the Veterans' Compensation Cost-of-Living Adjustment Act of 2024, the law directs the VA to increase veterans' benefits by the same inflation adjustment percentage as ...
Congress passed legislation Thursday ensuring that 44 million Social Security checks will go out on time - even if the White House and Republicans are unable to resolve their differences over extending the government's $4.9 trillion borrowing limit....
Congress passed a couple of reforms for Social Security in the 1980s and 1990s that made some benefits taxable if your income exceeds a certain amount. And the amounts haven't been adjusted for inflation since. Social Security uses a metric called combined income to determine what perc...
"When Congress enacted Social Security changes in 1983, no one anticipated the income stagnation," Altman said. The bill also would gradually increase the payroll contribution by workers and employers to 7.4 percent each by 2043 from 6.2 percent (to 14.8 percent altogether from the current 12.4 ...
“AARP is urging Congress to work in a bipartisan way to keep Social Security strong and to provide American workers and retirees with a long-term solution that both current and future retirees can count on,” Jo Ann Jenkins, the AARP CEO, said. “Americans work hard to earn their Social...
The Social Security Fairness Act overwhelmingly passed the House in early December and on December 18 cleared a key Senate procedural vote by 73 to 27. …half a century ago, Congress realized that Social Security benefit windfalls for public sector employees were costly, unnecessary and unmerited....
Closures, Social Security Checks, Furloughs: What a Government Shutdown Might Mean More J. Scott Applewhite FILE - The Capitol in Washington, is framed by early morning clouds, March 19, 2024. Congress has until midnight Friday to come up with a way to fund the government...
Some people haven't received all their Social Security benefits, even though they paid into the system. A new law changes that.
The Social Security Administration’s Death Data: In Brief Updated January 11, 2021 Congressional Research Service https://crsreports.congress.gov R46640 link to page 3 link to page 4 link to page 4 link to page 5 link to page 5 link to page 5 link to page 7 link to page 8 ...