Social Security actuaries project a deficit for the combined trust funds over the next 75 years of 3.54% of taxable payrolls, per an August report, 0.32 percentage points greater than last year. This.
Benefits from Social Security, which tens of millions of retired Americans rely on to pay their bills, will increase by 5.9% in 2022, the Social Security Administration said Wednesday. It is the biggest boost in 40 years as prices for food, cars and rent keep climbing.
Benefits from Social Security, which tens of millions of retired Americans rely on to pay their bills, will increase by 5.9% in 2022, the Social Security Administration said Wednesday. It is the biggest boost in 40 years as prices for food, cars and rent keep climbing.
Treasury Secretary Janet Yellen has been warning Congress for months about the potential impact of not raising the debt limit, with one of the inherent consequences being delayed Social Security.
How a Massive COLA Could Actually Eat Into Your Social Security moneytalksnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneytalksnews.com Daily Mail and Mail on Sunday newspapers.