Older Workers Need Employer, Govt Support to Retire, Experts Say
A panel hosted by EPI argues that older workers are stuck between retiring without enough money, or working beyond their...
Tag: Social Security
Nearly Half of Women Lack Workplace Retirement Plan Access, Survey Shows
Low-income women are most at risk financially, and nearly two-thirds said they are not confident they have the information they...
Representative Massie Again Proposes Exemption for Social Security Income
Social Security benefits, which have been partially taxed since 1984, would be exempt once again if the Kentucky representative’s bill...
Republican Debt Ceiling Proposal Would Cut Means-Tested Programs, Student Loan Forgiveness
The proposal passed the House Wednesday and would slash spending on green energy and anti-poverty programs in exchange for lifting...
Aging Population, Higher Life Expectancy Put Pressure on Global Pension Systems
The sustainability of public pension plans comes into question, as average life expectancy is projected to rise to 77.3 years...
Benefits |
Threat of Social Security Depletion Emphasizes Importance of HSAs, Proponents Say
Because of rising health care costs and the predicted insolvency of Social Security, experts tout HSAs as a powerful tool...
Brainstorming on Social Security
The Social Security trustees say that the OASI fund will become insolvent in 2033.
Benefits |
Social Security’s OASI Trust Fund Projected to Fall Short By 2033
The reserves for Social Security’s largest trust fund are expected to become depleted one year earlier than previously projected, the...
Women Working With Financial Pros Show Higher Retirement Readiness
According to a LIMRA study, women who work with a financial professional are more than twice as likely to have...
Benefits |
American Academy of Actuaries Launches ‘Social Security Challenge’ App
Actuaries challenged users to develop their own reforms to eliminate the current Social Security fund shortfall.
Benefits |
Re-Examining the Default Retirement Age
One of the most important retirement tools requires relevant data, such as anticipated retirement age, to be updated over time.
DOL Urged to Pursue Equal Opportunity Cases in Biden Budget Proposal
The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.
Paper Statements, Word Choices: Encouraging Later Social Security Claims
Legislation proposed in the Senate seeks to reduce the number of seniors leaving Social Security benefits on the table by...
Senators Brown and Collins Re-Introduce Social Security Fairness Act
The bill, if passed, would repeal reductions in Social Security benefits paid to certain public pensioners.
Senators Sanders and Warren Introduce Social Security Expansion Act
The bill, proposed this week, aims to make Social Security solvent for 75 years and to increase benefits, especially for...
Products |
Investment Product and Service Launches
Vanguard plans merger and liquidation; WeBuy75.com launches an advanced life expectancy calculator; and more.
Pre-Retirees Less Confident Their Retirement Income Will Last to Age 90
Confidence among pre-retirees that they will receive enough income from all their accumulated retirement sources to cover basic living expenses...
Biden Uses Address to Pledge Support for Social Security, Medicare
The president acknowledged pocketbook issues causing Americans financial stress and proposed legislation to address several in wide-ranging speech.
CBO Forecasts 23% Social Security Shortfall by 2034
A bipartisan federal agency warns that workers may see a 23% reduction in promised Social Security benefits by 2034 if...
Middle Income Retirees at Risk of Slipping into Poverty
Report calls for legislation and policy changes to fix a retirement system it says mainly benefits high earners.