On May 6, 2024, Secretary of the Treasury Janet Yellen co-authored a letter alerting Congress that the OASI Trust Fund ...
The program relies primarily on payroll taxes to fund benefits, and that money is then funneled out to current beneficiaries.
The figure for projected benefit cuts has also moved significantly, depending on fluctuating economic conditions and other ...
The report includes details on everything from the state of Social Security's trust funds to projected COLAs to the program's ...
The Center for Retirement Research at Boston College has released an in-depth response to The 2024 Trustees Report for Social ...
Social Security report is not good news, but rather a frightening incentive for politicians to do nothing. That is terrible ...
A small tax increase would make the essential national retirement program secure for decades, our columnist says, but ...
Currently, only wages up to a certain amount ($168,600 in 2024) are subject to the 12.4 percent Social Security payroll tax.
The Social Security Board of Trustees recently released its annual report on the financial status of the health of its trust ...
One disappearing option is the chance to invest a portion of trust fund reserves in equities, Munnell says, noting this is an ...
The recently released Social Security Trust Fund report on the financial outlook for the program is a frightening incentive ...
The projected depletion dates for Medicare and Social Security have been delayed according to the annual trustees report ...