Social Security benefits are facing automatic cuts starting in 2032 when a key trust fund is expected to reach insolvency, ...
“Inflation may not wait for debt to pile up. It can arrive the moment Congress commits to that debt-ridden path.” ...
Social Security’s retirement fund is running out of money faster than previously expected, according to a new report released by the Congressional Budget Office (CBO). The updated projections indicate ...
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 CONVERSATION) Social Security is one of the federal government’s biggest programs. Roughly 67 million Americans, most of whom are 65 or older, received Social Security benefits in 2023. An ...
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 ...