Tag Archive | "Social Security"

Money, retirement, life expectancy

Life Expectancy: Underestimation Risks Financial Security

Social Security’s life expectancy calculator predicts I’ll live to about 86. An insurance company’s version says I should expect to die at 98.

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trump

Social (Security) Distancing: Trump Scheme Harms The Entitlement

On Aug. 14, Social Security celebrated its 85th birthday. Instead of enjoying the celebration, the program had to deal with an Executive Order from Donald Trump which instructed the IRS to stop collecting the payroll contributions that fund the program.

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Medicare, benefits

Why Taking Social Security Benefits Early Costs Too Much

Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep.

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Social Security

Social Security: Trump’s Idea To Eliminate Payroll Tax Doesn’t Add Up

President Donald Trump’s push to cut Social Security payroll taxes for the rest of the year, and even arguing for a permanent cut, would do little to bolster the coronavirus-battered economy

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Trump

Trump Risks Future Of Social Security & Medicare

President Donald Trump on Saturday bypassed the nation’s lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount.

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Social Security

Social Security & Medicare Funds At Risk Even Before Virus

Even if employment rebounds by the end of this year and payroll taxes return to near-normal levels, the shock from the pandemic shutdown could accelerate the depletion of the Social Security trust fund by about six months.

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