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Some lawmakers have suggested raising the Social Security tax rate. Currently, that tax rate is 12.4% on wages up to a ...
Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.
The go-broke date — or the date at which the programs will no longer have enough funds to pay full benefits — was pushed up ...
The cost-of-living adjustment, commonly referred to as COLA, has been a long-standing element of Social Security benefits, ...
Millions of Americans relying on Social Security payments are eagerly awaiting a crucial announcement that will directly ...