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Scott Coulter got little traction on his idea to avert the trust fund’s insolvency, accelerated by the tax-and-spending bill.
The term “trust fund kid” may summon thoughts of the rich kids of the internet, you know, chartering private planes and driving (or, rather, not driving) their falcon-winged Teslas.
Sens. Bill Cassidy (R-La.) and Tim Kaine (D-Va.) proposed a new method to account for the expected lapse in the Social Security Trust Fund. A June report from the program’s Old-Age and Survivors ...
The Old Age and Survivors Insurance Trust Fund, one of the funds that pay for Social Security, will be able to make full payments until 2033. That's one year sooner than last year's report projected.
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
A trust fund isn't for everyone, but it's also not just for the wealthy. Give some thought to your needs and those of your loved ones and see whether a trust makes sense for you.
The trust funds that the Social Security Administration relies on to pay millions of U.S. retiree benefits could be depleted ...
Janet Novack is an assistant managing editor and D.C. bureau chief. This article is more than 9 years old. More than a third of the nation’s seniors depend upon Social Security for 90% or more ...
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending ...