Having problems is Social Security. You are aware of it. I am aware of that. The program’s trustees have lately reported that Social Security would become bankrupt one year sooner than expected, proving that they are well aware of the situation. Additionally, the president knows that action must be taken to protect Social Security. Even … Read more
Social Security payments could be boosted by $2,400 a year under a bill currently being debated in Congress. Vermont Sen. Bernie Sanders and Oregon Rep. Peter DeFazio introduced the Social Security Expansion Act on June 9, which would increase Social Security payments by $200 per month for most recipients. The bill would raise Social Security … Read more
Social Security has been the backbone of the U.S. retirement system for decades. As a result, many Americans who are now working look forward to the day when they may finally collect their Social Security benefits and unwind. It’s likely that in the future, Social Security will only cover a smaller fraction of the costs … Read more