Investing Social Security Trust Funds in stocks could offer higher long-term returns, but risks such as political influence outweigh these benefits.
Tag: Retirement
The reality of Social Security and Medicare
Social Security and Medicare are vital for financial security in retirement, providing relief from financial stress for retirees.
Social Security COLAs were made automatic in 1975, why isn’t the required level of funding automatic as well?
Congress needs to step up and adjust Social Security funding automatically. It’s time for the payroll tax rate and taxable wages to always align with what’s needed to keep Social Security solvent.
Senior Citizens’ Freedom to Work Act
The Senior Citizens’ Freedom to Work Act aims to eliminate the retirement earnings test, allowing seniors to stay in the workforce without reduced benefits.
