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Social Security is funded through a dedicated payroll tax, meaning that employers and employees each pay 6.2% of wages up to the taxable maximum for the given year. For 2025, the maximum is $176,100.
That's why it can be really alarming to receive a notice that your benefit's about to get cut in half. That's what happened ...
That fear might pressure some constituents to make such a consequential and perhaps financially detrimental decision ought to ...
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...
The SECURE 2.0 Act expands retirement savings options, including new tax credits, Roth changes and catch-up provisions.
Many people are used to working, paying taxes on their income, and collecting Social Security in retirement. But it used to ...
The Supreme Court ruled in an 8-1 decision on Friday that retirees are not 'qualified persons' under the Americans with Disabilities Act (ADA) and therefore cannot bring ADA suits over issues that ...
The longer Congress waits to act, the more severe the consequences to shore up Social Security’s finances will be. Analysts ...
The U.S. Supreme Court ruled that retirees cannot sue former employers for disability discrimination regarding benefits. This ...
Advocates for Social Security's beneficiaries said Congress should act as soon as possible to avoid a benefit shortfall.