Biden blasts Trump over Social Security, Medicare cut ideas

Biden blasts Trump over Social Security, Medicare cut ideas

Republican presidential candidate and former U.S. President Donald Trump gestures to supporters as he hosts a campaign rally at the Forum River Center in Rome, Georgia, U.S. March 9, 2024.  Alyssa Pointer | Reuters President Joe Biden on Monday quickly slapped down Donald Trump’s suggestion in a CNBC interview that “there is a lot” that … Read more

Biden says wealthy should pay ‘fair share’ to Social Security

Biden says wealthy should pay ‘fair share’ to Social Security

U.S. President Joe Biden delivers his third State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., on March 7, 2024. Shawn Thew | Via Reuters President Joe Biden urged lawmakers to “stand up for seniors” in his annual State of the Union address on Thursday, while pledging to … Read more

Trump Backs Texas Republican Open To Tax Hike, Social Security Revamp

Trump Backs Texas Republican Open To Tax Hike, Social Security Revamp

Despite saying often he opposes cutting Social Security and Medicare, and raising taxes, former President Donald Trump has endorsed a Republican House candidate who’s been pushing a commission that could do both of those things. Trump reiterated his support Tuesday for House Budget Chairman Jodey Arrington (R-Texas). On his social media site, Trump reposted a … Read more

Millionaires reach limit for Social Security payroll taxes for 2024

Millionaires reach limit for Social Security payroll taxes for 2024

Ezra Bailey | Getty Images Most Americans can expect to pay Social Security payroll taxes throughout 2024. But for top earners with gross annual wage income of $1 million, March 2 marks the date at which they will stop paying into the program, according to the Center for Economic and Policy Research. The reason why … Read more

BP exec’s husband guilty of insider trading, snooped on her calls

BP exec’s husband guilty of insider trading, snooped on her calls

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images The husband of a former BP merger and acquisitions manager pleaded guilty to securities fraud related to insider trading by eavesdropping on his wife’s work calls … Read more

41% of near retirees failed it

41% of near retirees failed it

Eclipse_images | E+ | Getty Images Many near retirees expect Social Security to be their largest source of income when they stop working. Yet, those who are on the brink of their so-called golden years fall short when it comes to knowledge about the program’s rules and what they can personally expect, according to a … Read more

How to know when to claim benefits

How to know when to claim benefits

Majamitrovic | E+ | Getty Images How to find your Social Security full retirement age If you were born between 1943 and 1954, your full retirement age is 66. If you were born in 1960 or later, your full retirement age is 67. The full Social Security retirement age gradually increases from 66 to 67 … Read more

Limiting retirement plan tax perks may help Social Security, experts say

Limiting retirement plan tax perks may help Social Security, experts say

Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new research proposal published by the Center for Retirement Research at Boston College by experts at the opposite ends of the political spectrum has sparked considerable … Read more

Budget 2024: Budget 2024: India likely to announce social security fund for informal workers

Budget 2024: Budget 2024: India likely to announce social security fund for informal workers

Union Budget 2024: India could announce a social security fund for the labourforce in the unorganised sector as well as gig and platform workers in the interim budget to be presented by finance minister Nirmala Sitharaman on February 1. The fund, proposed in the Social Security Code, 2020, would be a step toward universal social … Read more

Trump Slams Nikki Haley On MSNBC To Undermine Democratic Support

Trump Slams Nikki Haley On MSNBC To Undermine Democratic Support

Former President Donald Trump is taking his case against former South Carolina Gov. Nikki Haley to an usual audience: the overwhelmingly Democratic viewership of MSNBC. The 30-second TV spot blasts Haley, who served as Trump’s ambassador to the United Nations, for proposing an increase in Social Security’s retirement age for future retirees. The segment, which … Read more