Social Security reform

Thousands of Americans Push for Changes to Social Security – Know the Proposal That Could Impact Your Benefits

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Donald Trump

The Social Security Fairness Act has gained significant momentum, passing the House of Representatives with bipartisan support and backed by over 60,000 signatures on a petition urging Congress to act. However, the bill’s success hinges on Senate approval. Let’s look into the proposed changes and their potential impact. Social Security Fairness Act The Act seeks … Read more

Farewell to 401(k) Plans: Save More for Social Security Benefits

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Budget, finance and nationalism concept - close up of american flag and dollar cash money on wood.

Saving for retirement is crucial to ensure financial security in the later years of life. However, many Americans are entering retirement unprepared, relying solely on Social Security. This dependence is alarming, given that Social Security faces potential depletion by 2035. To address this issue, experts Alicia Munnell and Andrew Biggs have proposed a controversial plan: … Read more