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Explícame on MSNChanges to Social Security that come with President Trump's new law, some from this yearThe Social Security system in the United States is undergoing significant transformations, impacting millions of Americans.
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Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.
To right the ship, the trustees note that more revenue would need to be collected—like through a payroll tax increase—or ...
Unfortunately, the latest Social Security Trustees Report has raised concerns about the program's solvency. This is a serious ...
The official trustees now estimate the need for a 23% cut in benefits, plus 11% to Medicare, in eight years.
Thanks to legislation signed by Biden last year, the Social Security Trust Fund is now set to run out of money almost a year ...
The trust funds for both programs are on pace to run dry by 2033, triggering an automatic 23 percent cut in seniors’ Social ...
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