Tag: social security
Trump Administration Allows Deferral of Social Security Tax
(Associated Press) The Trump administration on Friday allowed employers to suspend collection of some Social Security taxes, although business groups don't like the idea...
Why Taking Social Security Early Costs Too Much
(Associated Press) Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep: Someone who...
Will Social Security Go Bankrupt?
(Warren Gibson, American Institute for Economic Research) A private annuity promises a series of payments continuing over the annuity holder’s lifetime but leaving nothing...
Social Security Will Run Out of Money in 2029 Because of...
(Simon Black, Sovereign Man) The CDC’s National Center for Health Statistics released some alarming data earlier this week that surprisingly had absolutely nothing...
Social Security Recipients May Be in For a Rude Awakening Next...
(MarketWatch) Social Security beneficiaries might not receive much of a cost-of-living adjustment next year — and some say recipients might not get anything at...
Social Security and Medicare Funds at Risk
(Associated Press) The financial conditions of the government’s two biggest benefits programs remain shaky, with Medicare projected to become insolvent in six years...
Where Coronavirus Relief Checks Go, Fraudsters Follow
(Associated Press) The Internal Revenue Service has begun depositing stimulus checks electronically into bank accounts. If you’ve gotten yours, great. Now, guard that...
Social Security Is a Terrible Investment
(Mises Institute) Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend.
They argue that...
Hackers Ramp Up Attacks on Retirement Accounts — How to Secure...
(MarketWatch) Bank accounts are a top target for hackers, and retirement accounts may not be far behind. Cybercriminals are moving toward retirement and loan...
“I Wish I’d Done THIS Before Taking Social Security” and Other...
(Associated Press) Now we’ll cover the money moves retirees wish they hadn’t made. The big ones, of course, are starting to save too late...
