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The hidden risks of Social Security privatization, according to experts
While there are flaws in the current "pay into FICA" system, the upside is knowing how much you can expect to receive each month in Social Security benefits. Privatizing Social Security means some people will invest poorly or not know what to do when market fluctuations hit,
The solutions are clear to keeping retirement funds solvent. But don’t expect action from our leaders.
The Social Security Administration estimates that reducing the annual COLA by 0.5% could eliminate about 29% of the program's funding shortfall while slashing it by 1% would eliminate about 56% of ...
The longer Congress waits to act, the more severe the consequences to shore up Social Security’s finances will be. Analysts ...
Older Americans are worried about when to claim Social Security. Financial advisors need to have much different conversations ...
President Donald Trump's administration is targeting an estimated 452,000 Social Security beneficiaries who are behind on their federal student loan payments.
Lawmakers could raise Social Security taxes to fight against a revenue shortfall. How those tax increases could play out.
Most Americans approaching retirement age are probably aware that Social Security will lose a major funding source in a decade or so. That source, the Old Age and Survivors Insurance (OASI) Trust ...
Social Security is a cornerstone of financial stability for millions of Americans, providing crucial benefits to retirees, disabled individuals, and survivors of deceased workers. However, the ...
We've Been Here Before. Social Security has had over 14 major reforms since its inception in 1935. It is time for another major revision. The most recent major set of reforms occurred 40 years ago ...
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