Latest Social Security debate Stories
Jeffrey R. Brown and Scott Weisbenner say the unique study shows that unexpected inheritances hasten retirement, lending new credence to widely held economic theory that people value leisure time and will parlay newfound wealth into less work.
WINTER HAVEN, Fla., Aug. 1 /PRNewswire/ -- "The Social Security trust fund is empty," says economist Allen W. Smith, Ph.D. in a new book to be released August 1 by Ironwood Publications.
The Congressional Budget Office said Friday the U.S.
RetireSafe Calls for Action to Protect Older Americans RESTON, Va., May 12 /PRNewswire-USNewswire/ -- In response to the dire warnings issued in today's Social Security and Medicare Trustees Report, RetireSafe and its 400,000 senior supporters called on the President and Congress to take immediate action to secure the promised benefits older Americans rely on. "With unfunded liabilities of up to $100 trillion and the Social Security Trust Fund scheduled to pay out more than it takes in by...
A study of recent data found state and local U.S.
Only $57 Billion in Surplus Forecast for 2010, But $80.8 Billion Needed for Stimulus Plan's Payroll Credit WASHINGTON, Jan.
Social Security recipients will see a 5.8 percent jump in their monthly benefits beginning in January, the U.S. Social Security Administration said Thursday.
The news that retirement accounts have lost $2 trillion in value in little more than a year was a sobering reminder of the severity of the ongoing financial crisis.
By Associated Press KANSAS CITY, Mo. -- Although Republican presidential candidate John McCain has called Social Security "a disgrace," he still cashes his own retirement check every month.
If middle-class Americans don't want to outlive their savings, a study says, they must reduce their standard of living by 24 percent.