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Social Security is funded through a dedicated payroll tax, meaning that employers and employees each pay 6.2% of wages up to the taxable maximum for the given year. For 2025, the maximum is $176,100.
Social Security Board of Trustees Annual Report warns of an accelerated timetable for trust fund depletion and potential benefit reductions that could significantly impact ...
The Social Security Board of Trustees said last week that the program’s combined trust funds will run out of money in 2034 — ...
Trump and Massie have been ensnarled in several public back-and-forths throughout the president's second term.