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A crucial loss of support for a bill co-sponsored by 200 House Democrats reflects the worsening political calculus for fixing the program’s solvency.
May 10 -
The “six-month nudge” technique leans into the fact that 95% of all individuals alive when they hit full retirement age are likely to reach age 70, according to actuarial tables.
March 14 -
The strategy provides an alternate course to clients claiming their monthly checks as soon as they leave their jobs, experts say.
February 8 -
A lack of awareness that web services are available turns out to be the most commonly cited reason for calling or visiting an SSA office.
January 5 -
In the first hearing for the Social Security 2100 Act, Republican members questioned the legislation’s effectiveness and price tag.
December 7 -
The argument in favor of a formula long supported by advocates gets weaker in light of new data, according to a report by retirement experts.
November 24 -
U.S. Rep. John Larson’s legislation would increase benefits for the first time in 50 years, but it’s one of the two competing approaches attracting support.
October 26 -
The widely expected bump in benefits won’t alter the program’s fiscal sustainability.
October 13 -
A comprehensive bill by U.S. Rep. John Larson would change how the COLA is calculated, increase income threshold amounts, the rate for inclusion of Social Security benefits and more.
September 17 -
The Social Security Administration found the asset reserves of both the OASI and DI Trust Funds in 2020 increased, but deficits still loom.
September 15 -
A report by the Center for Retirement Research at Boston College found that a jump in inflation could keep the COLA from meeting the rising costs that retirees face.
August 25 -
The inflation-tethered increase is a lifeline for many seniors receiving federal benefits, but there are potential drawbacks.
July 20 -
Blindly following the decades-old industry guideline is dangerous; tapping into 401(k)s if needed while delaying Social Security is smart.
July 2 -
Retiring before the full retirement age can result in a cut in Social Security benefits by as much as 30%, research shows.
June 4 -
With class actions up for appeal and a daunting process facing some ex-servicemembers, the Biden administration faces tests of its commitment to equality.
June 1 -
In a panel discussion, three financial advisors explained why the products are often misunderstood and how to assist clients in evaluating their policies.
May 19 -
The Connecticut Democrat has introduced comprehensive legislation in each Congress since 2014. What are its prospects in this session?
May 19 -
Real interest rates, which protect from inflation, have fallen in recent years, making it more expensive to finance future spending, Allison Schrager writes.
May 14 -
The Senior Citizens League made its forecast amid inflation fears and as advocates criticize the formula for calculating the annual adjustment.
May 12 -
The policy issues grow more urgent every year, but lawmakers haven’t passed any significant legislation for nearly 4 decades.
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