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Retirement and disability funds face depletion in the next decade, with Congress urged to act to correct the looming ...
President Franklin D. Roosevelt signed the Social Security Act into law in 1935 to provide monthly checks to seniors to help them remain financially stable in retirement.
Recent news that Social Security funds may run out for Americans in the program raises an important question: What is Social Security?
If the Social Security Fairness Act does get over the finish line in the Senate, it would head to President Joe Biden’s desk. The changes would be effective for benefits payable after December 2023.
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out. Latest U.S.
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.
Social Security can tap its trust funds to keep up with benefits until they run dry. And while the program itself can't run out of money, those trust funds are a different story.
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 shortfall, ...
President Franklin Roosevelt signed the Social Security Act into law on August 14, 1935, and made a sacred promise to American workers that “they have the right to retire with dignity.” Since ...
President Franklin D. Roosevelt signed the Social Security bill into law on this day in history, Aug. 14, 1935, creating a federal safety net for older, unemployed and disadvantaged Americans.
Social Security can tap its trust funds to keep up with benefits until they run dry. And while the program itself can't run out of money, those trust funds are a different story.