Taxing the wealthy may be a popular solution, but it isn't a fix-all for America's leading retirement program.
A shrinking labor force will cause Social Security to lose out on key revenue. Raising taxes isn't likely to sit well with working Americans. Making people wait longer to claim Social Security is also ...
Social Security serves as a crucial source of income for millions of retirees today. And there are many workers who hope to collect monthly benefits once their careers end. The problem, though, is ...
Social Security's looming shortfall is often framed as a distant problem for retirees, but the math behind the program is already reshaping the finances of workers, businesses, and state economies.
For 84 years, Social Security has been doling out monthly benefit checks, without fail, to eligible retired workers. Even though the average retired-worker check totaled just a little over $1,900 in ...