Social Security

Social Security Recipients to Get 1.6% Raise in 2020

Posted: October 10, 2019 at 11:15 am
Last updated: January 6, 2020 2:07 am

The Social Security Administration has just announced a pay raise for those who are collecting Social Security payments in 2020. The cost of living adjustment (COLA) brought the payouts up ...
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Seniors Worried About Social Security Cuts

Posted: August 9, 2019 at 11:07 am
Last updated: January 11, 2020 5:06 am

The U.S. Social Security system faces two big problems. First, older Americans who have paid into the program for decades worry that it will collapse and that they won't receive ...
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Retirement Shock: It’s Worse Than Social Security Going Broke in 2035

Posted: April 22, 2019 at 4:40 pm
Last updated: January 6, 2020 5:21 am

There has been a longstanding concern, some mythical and some based on math, that there will be no Social Security for retirees in the future. While this is not entirely ...
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Can Social Security and Medicare Be Saved Before Funds Deplete Significantly?

Posted: April 22, 2019 at 1:25 pm
Last updated: January 6, 2020 5:22 am

The trustees of the Social Security and Medicare trust funds on Monday released their annual report on the current and future financial status of the two programs. The report projects ...
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CBO Projects US Debt Repayment to Exceed Social Security Spending by 2048

Posted: June 26, 2018 at 1:25 pm
Last updated: January 11, 2020 9:53 pm

The Congressional Budget Office (CBO) on Tuesday released its 2018 update to the long-term federal budget, and the picture is not a pretty one. Based on projected revenue and spending ...
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6 Most Important Things in Business Today

Posted: June 6, 2018 at 5:09 am
Last updated: January 11, 2020 10:44 pm

Tesla Inc. (NASDAQ: TSLA) expects to reach production of 5,000 Model 3 cars per week by the end of the month. According to a Seeking Alpha transcript: CEO Elon Musk ...
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Social Security Recipients to Get 2% Bump in 2018

Posted: October 13, 2017 at 11:30 am
Last updated: January 12, 2020 7:12 am

Millions of Social Security recipients and retirees will receive a 2% increase in benefits next year, the largest gain since 2012. The Social Security Administration announced the cost-of-living adjustment (COLA) ...
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How Social Security Benefits Are Incorrectly Explained and What to Do About It

Posted: September 25, 2016 at 9:23 am
Last updated: January 13, 2020 3:12 am

Two recent reports have looked in depth at the workings of the Social Security Administration (SSA). Both have found -- unsurprisingly -- that SSA has some problems, and these problems ...
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US to Have 98 Million People Over 65 in 2060

Posted: April 16, 2016 at 9:15 am
Last updated: January 13, 2020 10:42 am

It seems like a long time off and a lot of people. The U.S. Census Bureau expects the country to have 98 million residents ages 65 and older by 2060. ...
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Rocking horse

9 Old-Fashioned Names Making Huge Comebacks

Posted: May 19, 2015 at 5:31 am

 Most people are called the name they were given at birth for their entire lives, and for that reason, the name of a child is often given intense consideration. Like ...
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Sad lonely pensive old senior woman

Pension Plan Benefits Flow to Wealthier Retirees

Posted: May 21, 2013 at 4:40 pm

By far the single most common contributing program to a retiree’s household income is Social Security. And the lower a person’s retirement income, the bigger role Social Security plays. For ...
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Half of Americans Die Broke

Posted: August 29, 2012 at 9:41 am

New research from MIT indicates that nearly half of Americans die with essentially no financial assets. About 46% of U.S. senior citizens hold less than $10,000 in assets at the ...
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A Need for Social Security When There May Be Little

Posted: April 30, 2012 at 6:35 am

More and more Americans expect to rely on Social Security as they move into retirement. Based on government numbers, the agency will have trouble supporting them. Due to a need ...
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Will States Break Pension Promises?

Posted: April 26, 2011 at 5:59 am

The Pew Center on the States released new research that says "The gap between the promises states have made for public employees’ retirement benefits and the money they have set ...
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At The Core Of Republican Deficit Plan–Do Tax Cuts Work?

Posted: April 5, 2011 at 11:51 am

The Republicans released their proposed financial plan and it aims to balance America's budget by 2015. Called "The Path To Prosperity: Restoring America's Promise", its success is based as much ...
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