Whether you've been paying Social Security taxes for years or are just starting out, you may wonder where the money goes and ...
The trustees for Social Security and Medicare released their annual report on the status of the entitlement programs' trust funds, which are expected to be depleted sooner than previously thought. The ...
Social Security's retirement trust fund is on a path to insolvency in less than a decade, which would leave retirees facing an automatic 24% cut to their benefits if the trust fund is depleted, ...
The Social Security trust fund will be insolvent in 2033 and by 2035 will have to reduce benefits by 23%. Here is now much more you need to save to cover the potential shortfall. Just 31% of Gen Xers ...