Focuses on the issue of the privatization of social security through congressional legislation. Surveys revealing strong public support for privatization; Projected economic value of social security privatization, based on the estima...
“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 ...
“While this adjustment is important, there is more we must do to ensure older Americans can continue to count on Social Security. AARP continues to call on Congress to take bipartisan action to strengthen Social Security and secure a long-term solution that Americans can rely...
While millennials (the generation born in the years 1981 to 1996) will likely receivesomeSocial Security benefits, there is uncertainty about Social Security’s future, including whether Congress will cut it or increase the full retirement age. One thing is for sure: Millennials (and everyone else...
Some people haven't received all their Social Security benefits, even though they paid into the system. A new law changes that.
Understanding this benefits calculation process may allow you to have increased confidence that your benefits are fairly secure, regardless of any future actions taken by Congress to deal with Social Security shortfalls. The SSA has invested vast resources in the records, systems, and software requi...
but there’s been concern that some emergency actions the government took in response to the coronavirus pandemic could lead to a big jump. That prompted Congress to pass recent election-year legislation that limits next year’s premium increase but gradually collects the full amount later on unde...
What is the VA benefits COLA increase for 2025? 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...
President-elect Donald Trump has said he plans to cut Social Security benefits. Rating: Among the toughest long-term challenges facing President-elect Donald Trump and the incoming 115th U.S. Congress is ensuring the continued viability of the Social Security and Medicare programs, both of which...
Yet in exchange for this massive tax increase, Social Security would gain only an additional seven years of cash-flow solvency. In the end, proposals for changing the taxable wage cap are all pain and no gain. With a viable alternative -- creating personal accounts -- Congress should not ...