Tag Archive | "Congress"

Studio shot of social security card and banknotes

Would A Higher Social Security Retirement Age Hurt Retirees?

Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program.

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Studio shot of social security card and banknotes

Fixing Social Security Starts With Us Voters

Every year the people who depend upon Social Security can count on two things: the program’s trustees will release a report showing a continued deterioration in its finances, and the pundits will castigate politicians for not doing anything about it.

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(Illustration created with Getty images/archival images courtesy of APTA)

Buried In The Budget Bill Are Belated Gifts For Some Health Care Providers

Buried deep in the 652-page legislation was a repeal of a limit on Medicare coverage of physical and occupational therapy.

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finance, money, piggy bank, savings, retirement taxes

Social Security Inaction To Result In 23 Percent Benefit Cut By 2034

If Social Security can follow the status quo over the path of the trustees’ forecast for the program, it is a pretty mild outcome.

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Wealth Checking

Tax Bill Impacts on Health Law Coverage And Medicare

The tax overhaul Republicans are pushing toward final votes in Congress could undermine the Affordable Care Act’s health insurance markets and add to the financial squeeze on Medicare over time.

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Money

What to Know About 401(K) Plans Amid Talk of Tax Change

Congress is looking for ways to raise revenue as part of a tax overhaul plan, and one of the methods reportedly under consideration is to curtail how much pretax money workers can contribute to their 401(k) and similar accounts.

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