Prior to 1983, social security was not taxable. In 1983, Joe Biden voted in favor of taxing 50% of social security – and it passed.
Category: Social Security
CBO Projects Major Trust Fund Exhaustions on the Horizon | Committee for a Responsible Federal Budget. In all cases Congress has shirked its duty.
The thing is while the exhaustion dates vary a bit with changing circumstances, the general insolvency trend and the reasons for it have been projected
Social Security benefits won’t be recalculated if claimed before FRA
Unfortunately, millions of Americans, including nearly 7 in 10 of those closest to retirement, are laboring under a dangerous misconception that could lead to the
2021 COLA Update
Based on the average CPI-W for July and August, the Social Security 2021 COLA will be 1.2%. The actual percentage will be determined by the
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