Last year, the Trustees expected the Social Security cuts would begin in 2035, but the economy has worsened.

Topics:  trustees   social security   year   expected   
BING NEWS:
  • What to Know About the Bill to Repeal Social Security Taxes
    When tax time rolls around each year, some older Americans are surprised to discover that a portion of their Social Security benefits are taxable. Since the government doesn' ...
    04/23/2024 - 1:00 am | View Link
  • When You Need to Pay Taxes on Social Security
    If Social Security is your sole source of income in retirement, you can expect to keep the full amount. “A retiree with only Social Security income will pay no taxes on their benefits because ...
    04/22/2024 - 10:17 am | View Link
  • Social Security on Average Pays 40% of Workers' Earnings in Benefits, but What Will You Get?
    Nearly all Americans 65 and older get at least some money from Social Security, and more than one-third say it provides at least half their monthly income. Some seniors have no other funds to fall ...
    04/19/2024 - 10:00 am | View Link
  • This Is the Average Social Security Benefit for Age 62
    As such, it might be worth it to wait a few years before claiming Social Security benefits ... earlier, your full retirement age was 66. But full retirement age increases by 2 months for every ...
    04/14/2024 - 1:00 pm | View Link
  • Social Security slashes amount of overpayments beneficiaries must pay back
    Social Security recipients will now have to pay back ... in fiscal year 2023, according to the agency’s latest financial report. It distributed more than $1.4 trillion in benefits.
    03/29/2024 - 9:20 am | View Link
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