The Social Security Trust Funds hold the Social Security taxes paid by American workers. The trust funds are invested in Treasury securities that earn interest, helping the funds to grow. Four years ...
Three-quarters of American workers fear Social Security won't be there for them when they retire, a new survey finds.
Federal reports reveal Social Security and Medicare trust funds will run dry by 2033, threatening millions of retirees.
The Social Security trust fund reaches zero in 2033, triggering automatic cuts exceeding $18,000 annually for typical couples. Congress faces pressure to raise taxes, reduce benefits, or implement ...
Social Security is America’s most expensive program, accounting for more than one in five dollars in the federal budget. A perennial political hot-button topic, Social Security is subject to political ...
Social Security is facing a financial crisis, and a proposed solution is to phase out the program, allowing workers to opt ...
The trust funds that Social Security relies on to pay benefits are "rapidly heading to zero," according to the Center for Retirement Research at Boston College. Those funds, which are typically ...
Once the trust fund falls to zero, Social Security is only legally allowed to pay out as much in benefits as it brings in.
On October 22, the Committee for a Responsible Federal Budget hosted Saving the Trust Funds: New Solutions for Social ...
Given how often the subject of Social Security solvency comes up, it would be easy to imagine that everyone understands how it works, including the all-important trust funds. This is a basic primer on ...