Yes, We Can Fix Social Security (but It Won't Be Pretty)

Experts say there are ways to fix Social Security. Politicians just may not like trying to sell those changes to the American people.

Topics:  social   security   american   
BING NEWS:
  • What to know about the congressional push to expand some 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    Both provisions would be repealed by the bill, thereby increasing Social Security payments for many.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 - 7:07 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
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BING SEARCH:
  • 7 changes Americans are willing to make to fix Social Security
    Here are seven fixes Americans say they are are willing to make, starting with the most popular: 1. Raising the Social Security payroll tax cap. Raising the payroll tax cap is the...
    11/15/2024 - 4:33 pm | View Website
  • There Are Options for Reforming Social Security, But Action is Needed ...
    What are the options for reforming Social Security? Comprehensive reform proposals from policymakers often include options that could address Social Security’s financial challenges as well as other options that pursue nonfinancial goals.
    11/14/2024 - 5:14 am | View Website
  • How to fix Social Security? It's political but it can be done
    Social Security remains beloved and holds bipartisan support among American citizens. Yet the program faces an insolvency crisis. Doug Arnold, an emeritus professor at the Princeton University School of Public and International Affairs, outlines workable solutions in his new book.
    11/13/2024 - 8:14 am | View Website
  • 5 Ways Social Security Could Be Fixed, According to Experts
    How to fix Social Security. Here are five ways Social Security's financial challenges could be addressed so that it can pay out all scheduled benefits, according to the actuaries' report: 1. Increase payroll taxes. The payroll tax for Social Security, which is paid by workers and employers, could be hiked 25% in 2034 to make up the difference.
    11/13/2024 - 3:56 am | View Website
  • These changes may fix Social Security before 2034 benefit shortfall
    Social Security’s funds are projected to run out in the next decade, at which point 80% of benefits will be payable. Acting now may prevent more dramatic changes later, a new report finds. The...
    11/13/2024 - 2:59 am | View Website
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