The 2018 Social Security Trustees' report was released recently, and it confirmed what we already knew -- Social Security is projected to run through its $2.9 trillion trust fund by 2034.There are several myths about why Social Security is running out of money. These generally have to do with some form of mismanagement by the people running the program, or the government "raiding" Social Security's reserves and spending the money elsewhere.
The Most Important Social Security Chart You'll Ever See
newsfeedback@fool.com (Matthew Frankel), The Motley Fool
Tue, 06/19/2018 - 3:33am
BING NEWS:
- What to know about the congressional push to expand Social Security benefits
Both provisions would be repealed by the bill, thereby increasing Social Security payments for many. The budgetary effect of the legislation is considerable, adding an estimated $195 billion to ...
11/16/2024 - 8:20 am | View Link - Social Security update: December direct payment worth $943 goes out in 13 days
The next SSI payments are scheduled to be distributed on Friday, Nov. 29 because Dec. 1 is a Sunday and payments are not distributed on holidays or weekends.
11/16/2024 - 2:00 am | View Link - 7 Social Security Changes Retirees Need to Know About in 2025
Back to Medicare now. Retirees commonly have their Medicare Part B premiums automatically taken from their Social Security benefits. For 2024, that monthly sum is $174.70. The 2025 sum isn't known at ...
11/15/2024 - 10:05 pm | View Link - Here's Why Social Security's 2.5% Cost-of-Living Adjustment (COLA) for 2025 Just Became Even More of a Problem
Last month, annual inflation rose by 2.6%, which means that it's already outpacing the 2.5% COLA seniors are in line for in 2025. If that trend continues, Social Security recipients could end up ...
11/15/2024 - 8:55 pm | View Link - The Social Security Fairness Act is now in the hands of the Senate. Here's what could happen next.
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
11/15/2024 - 9:24 am | View Link - More
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