Social Security Is Facing a $23 Trillion Funding Shortfall and Possible Benefit Cuts in 9 Years: Here's How We Got Here
Though America's leading retirement program is in no danger of going bankrupt or becoming insolvent, the existing payout trajectory is very much in question.
Retirement Savings Crisis: Americans Face Uncertainty Over Social Security Benefits
A Bankrate survey reveals over half of Americans feel behind on retirement savings. With a looming shortfall of Social Security funds, the outlook is looking even more gloomy.
Social Security retirement age set to change in 2025
Among the other Social Security changes coming in 2025 are a smaller cost-of-living adjustment at 2.5%, down from 3.4%; an increase in maximum taxable earnings from $168,000 to $176,100; and appointment-based services at Social Security offices nationwide.
Here Are Two Major Social Security Changes Retirees Need to Know Heading Into 2025
Social Security benefits will increase by 2.5% beginning in 2025. The wage base limit will increase to $176,100 in 2025. Only income up to that wage base limit is subject to Social Security tax. One thing people quickly notice about Social Security is that change is virtually inevitable.
Could Retirees See Social Security Benefits Cut Under Trump?
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing
Retirement planning: 3 crucial moves everyone should make before 2025
People who are one year away from retirement may have different priorities than those early in their careers. That said, ...
The Standard-Times on MSN2d
This New Bedford detective was shot in the face on duty. Will he get full retirement?
The city is seeking retirement benefits for 19-year veteran Detective Lavar Gilbert, who was shot in the face while working ...
Ohio teachers, retirees get bumps in pension benefits. Teachers can retire 1 year earlier
Some teachers will be eligible to retire a little earlier and most retirees will receive bonus check from STRS Ohio.
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Southwest's new benefit for pilots to save more money for retirement wins praise from experts. They say it could be a roadmap ...
Military.com6d
2025 Veterans Pension Rates
Net worth includes your and your spouse’s assets and annual income. When you apply for Veterans Pension benefits, you’ll need to report all of these assets and income. The 2025 asset limit for ...
Weyerhaeuser Sued Over $1.5 Billion Pension Plan Risk Transfer
Weyerhaeuser Co. and other entities affiliated with its pension benefit plan are being sued in a class action in federal ...
Becker's Hospital Review2d
Maine health system to end employee pension benefits
Northern Light Health, a 10-hospital system headquartered in Brewer, Maine, is ending pension benefits for about 6,000 employees, effective July 1, 2025, the health system confirmed to Becker's. The ...
DWP benefit and state pension be delayed next April
The DWP typically updates the majority of benefit payment amounts annually to keep pace with inflation, usually at the start ...
South Korea's Yoon impeached: powers stripped, benefits kept and retirement
South Korean President Yoon Suk Yeol, impeached on Saturday over his short-lived attempt to impose martial law, has been ...