Social Security is America’s most expensive program, accounting for more than one in five dollars in the federal budget. A perennial political hot-button topic, Social Security is subject to political ...
While seniors get new benefits in 2026, the long-term solvency of Social Security remains a concern. A new tax deduction ...
The Social Security trustees have released their annual report highlighting “the current and projected financial status” of the Social Security trust fund. And the media duly reported on the fund’s ...
Funding a trust requires moving your assets into the trust’s name, which is necessary for the trust to operate effectively. The process for transferring assets varies depending on the type, such as ...
Given how often the subject of Social Security solvency comes up, it would be easy to imagine that everyone understands how it works, including the all-important trust funds. This is a basic primer on ...
The top actuary for Social Security's trust funds on Tuesday confirmed that the insolvency date of those funds has moved up due to the recently-enacted tax and spending package, leaving policymakers ...
Social Security's latest Trustees report wasn't exactly positive. The most recent estimates have Social Security's combined trust funds running dry by 2034. Benefit cuts are possible at that point, ...
Social Security is a vital income source for seniors throughout the United States, which is why it is important to keep tabs on the program’s finances. Unfortunately, the most recent trustee’s report ...
The Social Security Trust Funds hold the Social Security taxes paid by American workers. The trust funds are invested in Treasury securities that earn interest, helping the funds to grow. Four years ...