Social Security has essentially remained on a paygo basis, with one notable exception. In 1983, President Reagan and Congress agreed to a set of reforms that were motivated by the huge baby-boom generation born between 1946 and 1964. There were two main reforms. First, Congress had passed leg...
Comprehensive and meticulously documented facts about Social Security. Learn about Social Security's taxes, benefits, financial status, reform options, and more. For example: • Taxable Maximum • Causes of Fiscal Problems • Old-Age Benefits • “Looting the Trust Fund” • Personal Ownersh...
Sadly, Trump’s two new ideas don’t qualify. And it goes without saying that Kamala Harris’ class-warfare agenda is even worse. Share this: Print Email Facebook Twitter More Loading... Read Full Post » The Case for Social Security Reform Posted in Donald Trump, Economics, Entitlements...
The Social Security Administration has long quantified overpayments in dollars rather than numbers of people affected. For example, the agency's latest annual financialreportsays it recovered more than $4.9 billion in overpayments in the fiscal year that ended Sept. 30 and ended that period with ...
Social Security Disability Insurance Supplemental Security Income and Social Security disability insurance are the largest Federal disability programs managed by the Social Security Administration. Although these two programs are different in many ways, the Social Security Administration administers both programs...
In fact, the Congressional Budget Officehas run the numbersand identified two different methods of raising it to eventually tax all wage income. Either would keep the trust fund solvent. Naturally, plutocrats and their congressional minions don’t want to raise the Social Security cap. They’d...
In early 2021 the instant messaging app, which offers some basic social networking features, was able to take advantage of widespread concerns overWhatsApp’s privacy and security. During roughly the same period of time (January 1 – January 21), Telegram gained approximately 25 million new users...
For couples with big differences in earnings, claiming the spousal benefit may be better than claiming your own. What's more, Social Security payments are reliable and should generally adjust with inflation, thanks to cost-of-living increases. Because people are living longer these days, a ...
then the new payment date will be the last Friday of the prior month. For 2024, there will be no SSI benefit payments in January, June, September, and December, while beneficiaries will receive their payments
In general, you have to earn 40 credits to be eligible for benefits. In 2024, one credit equals $1,730 of income.6 What Are Social Security Survivor Benefits? Social Security survivor benefits are payments to the surviving spouse or any dependents after the death of a benefits recipient. It...