The Social Security funding crisis is not 16 years in the future, as Washington would like you to believe. It's happening right now.
This year, the Social Security Administration will need to start dipping into its $2.8 trillion Trust Fund to make payments to millions of beneficiaries.
Trouble is, the government spent that money as it collected it, leaving behind a pile of IOUs. Now the government needs fresh money to pay back what it spent.
Here's what the politicians will do - and how it will affect you...
The Social Security funding crisis is not 16 years in the future, as Washington would like you to believe. It's happening right now.
This year, the Social Security Administration will need to start dipping into its $2.8 trillion Trust Fund to make payments to millions of beneficiaries.
Trouble is, the government spent that money as it collected it, leaving behind a pile of IOUs. Now the government needs fresh money to pay back what it spent.
Here's what the politicians will do - and how it will affect you...
Social Security hoodwinked certain beneficiaries...
And by no small sum, either...
We're talking $131 million.
Here's how to avoid falling prey to the same fate...
As Thursday's funding deadline draws near, the U.S. federal government is on the verge of shutting down for the second time this year.
Because a government shutdown impacts a wide range of federal operations, many American retires are asking: Does the government shutdown affect Social Security payments?
This issue - being hotly debated on Capitol Hill right now - could affect the financial future of Social Security.
And depending on how this controversy soon plays out, Social Security beneficiaries could get punched right in the bank account.
The U.S. federal government shut down at midnight on Friday, Jan. 19.
A government shutdown has far-reaching effects on many federal operations and has left many wondering how the shutdown will impact their day-to-day lives.
The Social Security Trust Fund is almost beyond repair thanks to its burgeoning and unsustainable debt.
Everyone on Capitol Hill knows this; yet, they do nothing.
But we have a solution for investors to protect their nest eggs...
Next year's Social Security changes put a comfortable retirement further out of reach for millions of retirees.
The same goes for current workers, too.
As the tax overhaul hurdles toward complete passage, Congress is eyeing targets for shoring up its massive cost...
And it's honing in on entitlements.
The Social Security Administration has announced the program's changes for 2018.
These changes affect how much you receive, how much you pay, and whether or not you're even eligible.
We have all the information you need, right here...
Congress is backing a dangerous cost-cutting trend for Social Security.
One that hinders the Social Security Administration's operations and does nothing to keep it solvent.
It's true - the Social Security Administration has paid $30 million to the wrong bank accounts over the past three years.
But that massive multimillion-dollar sum isn't even the most alarming part about this news.
Congress isn't known for getting things done.
But when it comes to Social Security, our legislators agree on more than you may think.
Check out the three changes to Social Security that are sure to happen - one way or another...
Odds are that, if it isn't already, Social Security will be a major part of your income one day.
That means it's important to know where that money comes from and how long you can expect to receive it.
So give yourself a test and try to answer these five questions...
The annual Social Security Administration's report is long overdue.
And there's no word on when it will be released, leaving the public and the pundits guessing about projections and analyses.
President Trump could fix this problem if he just pressured the agency to get it done.
By not doing so, he's following President Obama's mistake-ridden footsteps...
Many young people believe that they won't see any Social Security benefits when they retire.
Is that concern legitimate?
Here's what's happening with Social Security... and what the government's trying to do about it.
