Senate Committee Debates Social Security Funding Proposal
The Senate HELP Committee also looked at proposals over ESG-oriented investing and early career savings.
Tag: Social Security
Do Retirement Portfolios Need ‘Protected’ Income?
Acquiring annuities and delaying Social Security claims are important steps in goal-based retirement planning, according to a new white paper.
Retirement Expert Says Social Security Not ‘Going Bankrupt’
Social Security has survived past solvency crises, but it is not clear to industry expert Marcia Mantell what action Congress...
Social Security Benefits to Increase by 2.8% in 2026
The average monthly benefit for retired workers will rise to $2,064 from $2,008, starting in January, following the announcement of...
Only 10% of Pre-Retirees Want to Wait for Maximum Social Security Benefits
More than one-third of surveyed workers told Schroders they would not delay claiming Social Security until age 70 because they...
Social Security Commissioner Bisignano Named ‘CEO’ of IRS
Frank Bisignano is the first commissioner charged with overseeing operations of both government agencies.
House Committee Approves Bill to Change Social Security Terms
The bill would make several changes to terms that describe benefit claiming ages to help retirees better understand the impact...
Social Security Cost-of-Living Adjustment Foreseen as 2.7% for 2026
One month before Social Security’s official decision is expected, the Senior Citizens League predicts a slight increase in benefits for...
DOL to Stop Issuing, Accepting Paper Checks
Starting on September 30, the Department of Labor will transition to paperless checks, according to a notice published in the...
Social Security Administration Cuts Shutter Two More Retirement Research Centers
Following February executive orders, research centers at the University of Michigan and Baruch College have scaled back operations.
Half of Retirees ‘Terrified’ of Tariffs Draining Savings, per Nationwide
Nearly two-thirds of retirees surveyed said Social Security payments could never keep pace with inflation stemming from tariffs, according to...
At 90 Years Old, Social Security Counted On by 69% of US Population
According to recently released research by the Transamerica Institute, almost one-third of U.S. adults expect Social Security to be their...
Scams Targeting Seniors Soaring
The Federal Trade Commission found that total losses due to fraud for adults older than 60 climbed to nearly $700...
Recent Tax Bill Will Have ‘Material Effects’ On Social Security’s Financial Status
President Donald Trump’s key tax and spending legislation will result in a net increase of $168.6 billion in Social Security...
Social Security Adding Measures to Mitigate Fraud
By introducing a PIN option and ending paper checks, the Social Security Administration hopes to protect recipients from fraud and...
Cuts to Social Security Administration Closes NBER Retirement and Disability Research Center
The cuts will affect retirement research at several institutions, including: the University of Wisconsin-Madison, Boston College, the National Bureau of...
New York City Bar Committee Makes Recommendations to Strengthen Retirement Security
In a letter, the committee, comprised of legal professionals representing employee benefits stakeholders, expressed concern that legislative shifts aimed at...
PensionBee Analysis Says Looming Social Security Cuts Could Cost Americans $138,000 Each
The analysis finds that a 23% cut would require $138,000 in added savings to replace the lost income; a 19%...
Social Security Trust Fund Predicted to Fall Short One Year Sooner
Social Security's largest trust fund may be depleted in 2034, one year earlier than estimated in 2024, and what had...
Bisignano Confirmed As Social Security Commissioner
Fiserv announced that Michael Lyons will replace Bisignano as the company’s CEO.