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"A fiscal commission is direly needed," Republican Senator Mike Braun, a Budget Committee member, said in an interview. It circulated ideas from a dozen experts on how a commission could offer up solutions for taming deficits and debt. Other recommendations included subjecting high-income earners to more Social Security taxes and gradually raising the age for full retirement benefits to 69 from the current 67. A commission, said independent Senator Bernie Sanders, who caucuses with Democrats, would simply be "a backdoor way to get into cutting Social Security." Sanders embraced lifting the cap on taxable income to extend the life of the Social Security trust fund.

Persons: Kevin Wurm, Mike Braun, Braun, Moody's, Fitch, Michael Peterson, Peter G, Mark Zandi, Dana Peterson, Lori Esposito Murray, Joe Manchin, Mitt Romney, Bernie Sanders, Sanders, Richard Cowan, Moira Warburton, Grant McCool Organizations: U.S, Capitol, REUTERS, Rights, Congress, Treasury Department, Republican, AAA, Peterson Foundation, Conference Board, Democratic, Representatives, Social Security, Social, Thomson Locations: Washington , U.S

☆ London pro-Palestinian march to proceed, Sunak asks police for safety assurances
▼ + stars: | 2023-11-08 | by ( Michael Holden | ) www.reuters.com time to read: +2 min

"(Rowley) has said that he can ensure that we safeguard remembrance for the country this weekend as well as keep the public safe," Sunak said. The Palestinian Solidarity Campaign, which is organising Saturday's march, has said it would avoid the Cenotaph, London's main war memorial. Since Oct. 7, London police have made 188 arrests for hate crimes, including 98 for suspected antisemitic offences, 21 for Islamophobic offences and 12 for "faith hate crimes". "We continue to see a very concerning rise in both antisemitic and Islamophobic hate crime," Commander Paul Trevers said. Most of the antisemitic offences were reported in London's Hackney area, home to a large Jewish community.

Persons: Rishi Sunak, Mark Rowley, JUSTIN TALLIS, Sunak, Rowley, Paul Trevers, Britain's, Michael Holden, Rod Nickel Organizations: Britain's, Metropolitan Police, British, Palestinian Solidarity Campaign, London, Community Security Trust, Thomson Locations: Kilburn, London, Britain, Israel, England, London's Hackney

☆ How the surge in antisemitism is affecting countries around the world
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +5 min

Smoke rises following an Israeli strike inside the Gaza Strip, as seen from Israel, October 31. BRAZILJewish leaders have noticed a rise in antisemitic discourse online, and incidents such as graffiti defacing a synagogue in Rio de Janeiro. BRITAINLondon's police force said there had been a 14-fold increase in incidents of antisemitism since the Oct. 7 attack. GERMANYA survey by a civil society observatory, the RIAS, found a 240% year-on-year increase in antisemitic incidents in the period of Oct. 7-15. CHINANo figures are available on antisemitic incidents.

Persons: Evelyn Hockstein, Karen Bass, Justin Trudeau, Ricardo Berkiensztat, Hitler, Gerald Darmanin, Darmanin, Eddo, David Saks, we'll, Rabbi Alexander Boroda, Andrew MacAskill, Layli Foroudi, Julia Harte, Chen Lin, Eliana, Maytaal Angel, Andrew Osborn, Carien du Plessis, Steven Grattan, Wa Lone, Thomas Escritt, Stephanie Van Den Berg, Estelle Shirbon Organizations: REUTERS, Reuters, UNITED STATES, Defamation League, White, CANADA, Argentine, Local, BRAZIL Jewish, Jewish Federation of, State of, Community Security Trust, FRANCE Interior, Hamas, SOUTH, South African Jewish Board, Deputies, Russia's Federation of Jewish, Thomson Locations: Gaza, Israel, Los Angeles, Canada, Toronto, ARGENTINA, Buenos Aires, Argentine, BRAZIL, Rio de Janeiro, State, State of Sao Paulo, BRITAIN, Britain, FRANCE, GERMANY, NETHERLANDS, SOUTH AFRICA, RUSSIA, Dagestan, Tel Aviv, CHINA, Beijing, Nazi, Wa

☆ Antisemitic and Islamophobic offences soar in London after Israel attacks
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

Mayor of London Sadiq Khan speaks at the London Tech Week in London, Britain, June 12, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Oct 20 (Reuters) - London police said on Friday they had recorded a 1,353% increase in antisemitic offences this month compared to the same period last year, while Islamophobic offences were up 140% in the wake of the attack by Hamas on Israel. Police in the British capital ramped up patrols amid growing tensions, but said there had been 218 antisemitic offences between Oct. 1 and 18, compared to 15 in the same period in 2022. Islamophobic offences were up to 101, from 42. Officers have made 21 arrests for hate crime offences, including a man detained for defacing posters of missing Israelis and another over Islamophobic graffiti on bus stops.

Persons: London Sadiq Khan, Toby Melville, Rishi Sunak, sickening, Regrettably, Sadiq Khan, Michael Holden, Jonathan Oatis Organizations: London Tech, REUTERS, London, Police, Community Security Trust, Thomson Locations: London, Britain, Israel, Gaza

☆ Fact Check: Video of convoy with Palestinian flags is from 2021, not 2023 protests
▼ + stars: | 2023-10-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A 2021 video showing a convoy of cars in London flying a Palestinian flag and broadcasting antisemitic messages from a megaphone has been misrepresented as footage from October 2023 amidst the war between Israel and the Palestinian group Hamas. “NEW: Palestine supporters parade through the streets of London, flying Palestinian flags while calling on people to r*pe Jewish women”, reads the caption of a Facebook post sharing the video as if recent. British media and Reuters reported on the incident in the video in May 2021. The claims were shared after Jewish charity organization Community Security Trust reported that antisemitic incidents in Britain had tripled since the outbreak of the 2023 Israel-Hamas war. A video showing people shouting anti-Semitic abuse from a convoy of vehicles in London, is from May 2021 not October 2023.

Persons: “, ”, Read Organizations: Palestinian, Hamas, Reuters, Metropolitan Police, Crown, Service, Jewish, Community Security Trust, Thomson Locations: London, Israel, Palestine, Britain

NEW YORK (AP) — Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments. Here's what to keep in mind:Political Cartoons View All 1209 ImagesHOW DOES SOCIAL SECURITY WORK? The Social Security program pays roughly $1.4 trillion in benefits to more than 71 million people each year, including low-income individuals with disabilities. The short answer is that taxes fund Social Security. While the money is used to pay people currently receiving benefits, any unused money goes to the Social Security trust fund.

Persons: Kathleen Romig, ”, Mark Hamrick, Hamrick, Charles Schwab Organizations: Social, Bureau of Labor Statistics Consumer, Social Security, Budget, Bureau of Labor Statistics ’, “, Boomers, Associated Press, Charles, Charles Schwab Foundation, Inc, AP

But she isn’t certain that it will be enough, even with her Social Security benefits. Charles Blahous, a former Social Security trustee, said the annual COLA announcement is a reminder about the program's stressed finances. Mary Johnson, Social Security and Medicare policy analyst at the Senior Citizens League, says her organization supports the Social Security Administration using whichever index is higher to best protect older people from inflation. The maximum amount of earnings subject to Social Security payroll taxes for 2023 is $160,200, up from $147,000 in 2022. There have been legislative proposals to shore up Social Security, but they have not made it past committee hearings.

Persons: Karla Abbott, she’s, Charles Blahous, Mary Johnson, Kevin McCarthy, Abbott, Alfred Mason, Mason, Jo Ann Jenkins, ” Johnson, “, ” Organizations: WASHINGTON, Social Security, Bureau of Labor Statistics, Senior Citizens League, Social Security Administration, Security, Social, AARP, Senior Citizens Locations: Sioux Falls , South Dakota, Washington, Louisiana

At least 1,055 people have died in Gaza, with some 5,184 injured, according to the Palestinian Ministry of Health. New York City's Empire State Building, illuminated in the colors of the flag of Israel on October 7. “This was the largest number of Jewish victims in an attack in one day since the Holocaust,” he said. “Not during the Yom Kippur War, not in the war of independence did we see civilians killed like this. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.

Persons: CNN —, Israel’s, Benjamin Netanyahu, Yoav Gallant, Gary Hershorn, Kathy Hochul, Adam Gray, Emmanuel Macron, Gérald Darmanin, Laurent Nuñez, Marie, Sarah Seeberger, Israel, Benoit Tessier, ”, Olaf Scholz, “, Suella Braverman, ” Braverman, Wiktor, ” Mark Gardner, Gardner, Peter Nicholls, Rishi Sunak, Robert Jenrick, Dean Lewins, Pinchas Goldschmidt, Goldschmidt, ” Goldschmidt, Carl Court, Gazans, Nadim, CNN “, Zaghloul, OCHA, Médecins, Avril Benoît Organizations: CNN, Israel Defense Forces, Palestinian Ministry of Health, Corbis, Getty, Solidarity, Opera, White, Washington DC, FBI, Department of Homeland Security, police, Marseille, Jewish, of France, Reuters, Authorities, London’s Metropolitan Police, “, Community Security Trust, Police, Publishing, Security, Hamas, ISIS, ”, Downing, Jewish Leadership Council, Saturday, Sydney Opera House, Israel, West Bank, Palestine Solidarity Campaign, Conference, Embassy, Islamic, ’, United Nations Office, of Humanitarian Affairs, MSF Locations: Israel, Gaza, . New York, Paris, Washington, United States, New York, New York City, France, French, Lyon, Paris Monday, United Kingdom, Germany, Berlin, London, London’s, Britain, Israel's, Palestine, Moscow, Ukraine, Jerusalem, Europe, Egypt

CNN —The UK, France, and Germany have all pledged to step up security measures amid fears of attacks against members of the Jewish community after videos emerged of people apparently celebrating deadly attacks launched by Hamas militants. The surprise attacks saw gunmen cross the border from Gaza into Israel under the cover of rocket fire, seizing hostages and leaving more than 600 people dead. Israel is still fighting the militants and has been pounding targets in Gaza in response. Social media footage shows people waving Palestinian flags in the streets of Berlin and London following the violence. “We remain on duty tonight with increased forces to protect Jewish and Israeli institutions and prevent anti-Israel crimes in the city area.

Persons: Fabian Sommer, Suella Braverman, ” Braverman, Chancellor Olaf Scholz, “, Élisabeth Borne, Borne Organizations: CNN, Hamas, London’s Metropolitan Police, Twitter, ” Police, Getty, Community Security Trust, BFMTV Locations: France, Germany, Gaza, Israel, Berlin, London, Ryckestrasse, Britain, ”, French

☆ With Social Security trust funds 'rapidly heading to zero,' some ask whether the money should be invested in equities
▼ + stars: | 2023-10-05 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

The trust funds that Social Security relies on to pay benefits are "rapidly heading to zero," according to the Center for Retirement Research at Boston College. Those funds, which are typically invested in Treasury securities, are projected to run out in 2034, at which point just 80% of benefits may be payable. As that date draws closer, that has prompted more discussion as to whether that money should also be invested in stocks. "Theoretically, yes," said Anqi Chen, senior research economist and assistant director of savings research at the Center for Retirement Research, which recently published research addressing the question. More from Personal Finance:Here's what happens to Social Security benefits after you dieAs student loan bills resume, how economy may be shakenHow Congress may fix looming Social Security benefit shortfallBut the real-world answer is not necessarily clear-cut, Chen and other experts say.

Persons: Anqi Chen, Chen, Peter G Organizations: Social, Center for Retirement Research, Boston College, Finance, Social Security, Security, Peterson Foundation Locations: New York

☆ Claiming Social Security retirement benefits is a high-stakes decision. Don't let these 5 myths get in your way
▼ + stars: | 2023-08-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

Moyo Studio | E+ | Getty ImagesSocial Security benefits provide retirement income for millions of Americans. Myth 1: Claiming early is bestNegative headlines may scare people into claiming as early as possible to get the most benefits. Eligibility for Social Security retirement benefits starts at age 62. Myth 4: Social Security benefits are not taxedThanasis | Moment | Getty ImagesThe misperception that Social Security benefits aren't taxed is "perhaps the biggest myth of all," said Mary Johnson, Social Security and Medicare policy analyst at The Senior Citizens League. That includes the sum of your adjusted gross income, nontaxable interest and half of your Social Security benefits.

Persons: that's, Joe Elsasser, Elsasser, Laurence Kotlikoff, Bruce Tannahill, there's, Kotlikoff, Tannahill, Mary Johnson, Anna Frank Organizations: Social Security, Social, Security, Boston University, Senior Citizens League . Social Security

☆ Exclusive: Biden taps ex-Maryland Governor O'Malley to run Social Security agency
▼ + stars: | 2023-07-26 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +2 min

O'Malley, a Democrat, would need to be confirmed by the Senate to become commissioner of the Social Security Administration at a time when political partisanship has made confirming presidential nominees increasingly difficult. "Since Day 1 I have fought to strengthen and defend Social Security, which tens of millions of Americans have paid into and depend on to support their livelihoods. I know that Governor O’Malley will continue to be a strong partner that works tirelessly to protect Social Security for generations to come." The over $1 trillion budget U.S. Social Security agency has been run by an acting commissioner, Kilolo Kijakazi, since Biden in 2021 fired the Trump holdover Andrew Saul after he refused to resign. The main Social Security trust fund's reserves will be depleted within a decade, the program's trustees and the Congressional Budget Office both estimated this year.

Persons: Joe Biden, Martin O'Malley, O'Malley, Hillary Clinton, O’Malley, Biden, Kilolo Kijakazi, Andrew Saul, Kevin McCarthy, Trevor Hunnicutt, Heather Timmons, Andrea Ricci Organizations: Maryland, U.S, Social Security, White House, Reuters, Democrat, Senate, Social Security Administration, Democratic, Social, Trump, Republican, Congressional, Thomson Locations: Baltimore, O'Malley's, Maryland, Florida, New Hampshire, Pennsylvania

CNN —The Roald Dahl Museum in England, founded by the widow of the children’s author, has acknowledged his racism was “undeniable and indelible.”Dahl, who died in 1990, was the creator of characters such as Matilda, the BFG, Fantastic Mr. Fox, Willy Wonka and the Twits. Now the museum, based in the village of Great Missenden in Buckinghamshire where Dahl lived, has posted a statement on its website to say that it “fully” supports an apology released by the Dahl family and Roald Dahl Story Company in 2020 for the author’s antisemitic views. The museum adds that it “condemns all racism directed at any group or individual.”Based in Great Missenden in Buckinghamshire, where Dahl lived, the museum has condemned the author's racism. Greg Balfour Evans/AlamyIn the 2020 apology, the Dahl groups said they “deeply apologise for the lasting and understandable hurt” caused by his statements. ‘Providing the full story’The Roald Dahl Museum confirmed to CNN Thursday that the online statement issued this week is also on display in its entrance gallery.

Persons: Roald Dahl, ” Dahl, Matilda, Mr, Fox, Willy Wonka, Dahl, “, Greg Balfour Evans, Alamy, Hitler, ” “ Roald, Dahl’s, Marie van der Zyl, ” Organizations: CNN, Roald Dahl Museum, Roald Dahl Story Company, New Statesman, Jewish Leadership Council, Community Security Trust, ‘ Locations: England, Great Missenden, Buckinghamshire, Missenden

☆ As the Social Security reform debate heats up on Capitol Hill, leaders weigh if raising taxes is the answer
▼ + stars: | 2023-07-14 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

When it comes to Social Security benefits, a key deadline is looming: Benefits may be reduced in the next decade if no action is taken sooner. The latest projections from the Social Security trustees show the program's combined funds may run out in 2034, at which point 80% of benefits will be payable. The fund used to pay retirement benefits may run out even sooner — in 10 years in 2033 — at which point 77% of those benefits would be payable. Social Security is a "pay as you go" program, Social Security Administration Chief Actuary Stephen Goss said at Wednesday's Senate hearing. More from Personal Finance:Social Security beneficiaries may see a lower cost-of-living adjustment in 2024Here's the inflation breakdown for June, in one chartSocial Security phone disruptions have led to longer wait timesIn 2023, up to $160,200 in earnings are subject to Social Security payroll taxes.

Persons: Actuary Stephen Goss, Goss, " Goss Organizations: Social Security, Capitol, Senate, Finance, Social

Social Security has likely touched your life or the life of someone you know. While you're working, a chunk of your paycheck goes toward Social Security. In 2023, nearly 70 million Americans will receive a Social Security benefit every month. The Social Security Board of Trustees projected in its annual report that the combined asset reserves of the Social Security trust funds will become depleted in 2034, one year sooner than previously projected. A woman stands outside a U.S. Social Security Administration building in Burbank, California, Nov. 5, 2020.

Persons: it's, Kathleen Romig, Valerie Macon Organizations: Security, Social Security, Budget, Social, Social Security Administration, AFP, Getty Locations: Burbank , California

☆ Opinion | Can Social Security Be Fixed Forever?
▼ + stars: | 2023-07-03 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

In 1983, the main Social Security trust fund came within months of being exhausted. Max Richtman, the president and chief executive of the National Committee to Preserve Social Security and Medicare, told me he thinks it’s too long. He wrote in a recent Substack post that even 75 years isn’t long enough to look ahead. That’s three times the size of the gap in today’s dollars when projecting ahead 75 years. Making Social Security safe for only 75 years effectively assumes that all beneficiaries will “conveniently expire” at the end of the 75th year and so won’t need checks, he said.

Persons: Alan Greenspan, Max Richtman, it’s, ”, “, he’d, Laurence Kotlikoff, I’ve, there’s, Steve Laffey, Kotlikoff, aren’t, ” Laffey Organizations: Social Security, National Committee, Preserve Social Security, Boston University Locations: Cranston, R.I

☆ 401(k) plans have never been hotter. That’s changing the stock market
▼ + stars: | 2023-06-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

The bill, signed into law late last year, requires employers to automatically enroll all eligible workers into their retirement plans at a savings rate of 3% of salary. Americans had pension plans, Social Security benefits, and their own savings through plans like the 401(k). Those funds tend to be controlled by large asset managers. But through a process called proxy voting, large asset managers are able to vote on shareholder resolutions on behalf of their clients. Asset managers have “significant influence over company practices,” wrote shareholder advocacy group ShareAction in a recent report.

Persons: New York CNN —, That’s, ”, Dave Stinnett, What’s, ShareAction, Tesla, Torsten Slok Organizations: CNN Business, Bell, New York CNN, BlackRock, Vanguard Group, Fidelity Investments, Street Global Advisors, Vanguard, Social Security, Social, Social Security Agency, Security, Lawmakers, Blackrock, Fidelity, Boston University School of Law, Harvard Law School, Vanda Research, EV, Apollo Global Management Locations: New York, United States

☆ As possible Social Security benefits cut looms, GOP senator says lawmakers are working on a 'big idea' fix
▼ + stars: | 2023-04-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Nicholas Kamm | AFP | Getty ImagesSocial Security's trust funds have a new projected depletion date that is about a decade away. The idea calls for creating an investment fund separate from Social Security and allowing the investment to earn returns over a period of 70 years, Cassidy said. It would target the Social Security trust funds' biggest weakness, which is that it has "the absolute worst investment strategy you could have right now," Cassidy said. 'Big idea' inspired by private pensionsThe idea for investing Social Security's funds in the market is inspired by private pension funds, which already buy securities outside of Treasurys. Possible changes to fix Social Security generally include tax increases, benefit cuts or a combination of both.

☆ Column: The new US Social Security forecast: what it means for retirees
▼ + stars: | 2023-04-04 | by ( Mark Miller | ) www.reuters.com time to read: +6 min

But if the headlines stemming from the annual report of the Social Security trustees jangled you, take a deep breath. The report, released on March 31, forecasts that the Social Security retirement trust fund reserves will be depleted in 2033. What does the new Social Security forecast mean for current and future retirees? But the trust fund also can accumulate balances when Social Security runs surpluses, as has been the case for the last several decades. A: Social Security collects FICA contributions only up to a certain level of wages - $160,200 this year.

☆ Social Security trust funds depletion date moves one year earlier to 2034, Treasury says
▼ + stars: | 2023-03-31 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

The Social Security trust funds that about 67 million Americans rely on for benefits are scheduled to be depleted in 2034, one year earlier than was projected last year, according to the annual trustees' report released by the Treasury Department on Friday. Unless Congress takes action, at that time, 80% of scheduled benefits will be payable from the combined funds for old age and survivors insurance and disability insurance. The new depletion date comes as the trustees updated their projections for the U.S. economy to include recent output and inflation. Meanwhile, Medicare's hospital insurance trust fund will be able to pay 100% of scheduled benefits until 2031, three years later than projected last year. The White House earlier this month laid out a plan to extend the solvency of Medicare's hospital insurance trust fund, also known as Medicare Part A, which covers hospital, nursing facility and hospice services for eligible beneficiaries.

☆ As Social Security reform talks heat up, changes to the retirement age, payroll tax may be on the table
▼ + stars: | 2023-03-04 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

A recent Congressional Budget Office report projected Social Security's combined funds may run out in 2033, two years sooner than the Social Security actuaries estimated last year. Raising retirement age may be a 20% benefit cutThe Social Security full retirement age is gradually changing to 67, based on changes enacted in 1983. Lawmakers are considering raising the full retirement age again to age 70. Current beneficiaries and near retirees would likely be spared from any retirement age changes. Warren and Sanders are calling for reapplying the Social Security payroll tax to income over $250,000, while also taxing certain business and investment income at 12.4%.

☆ The White House is reportedly eyeing a tax on high-earning Americans to fund Social Security after Bernie Sanders pushed it
▼ + stars: | 2023-02-23 | by ( Juliana Kaplan | Jason Lalljee | ) www.businessinsider.com time to read: +4 min

Bernie Sanders met with Joe Biden to pitch a tax on high-earning Americans to fund Social Security, The Washington Post reported. Sanders advocated for Biden to increase payroll taxes on high-earning Americans to fund Social Security for 70 more years as the program approaches insolvency in the next decade. Sanders' proposal would raise the cap on how much income is subject to the payroll taxes that pay for Social Security. According to a White House official, the White House has not endorsed any specific bill — but the president welcomes proposals from members of Congress on how to keep Social Security solvent and make the program even stronger. The idea of an expanded payroll tax to shore up Social Security isn't new for President Biden.

☆ Adani group firms pledge shares for lenders of flagship company – SBICAP Trustee
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +2 min

Feb 11 (Reuters) - Three Adani group companies have pledged shares for lenders to the Indian conglomerate's flagship Adani Enterprises (ADEL.NS), which pulled a $2.5 billion share sale during a recent market rout, the debt trustee firm said. Adani Ports and Special Economic Zone (APSE.NS), Adani Transmission Ltd (ADAI.NS) and Adani Green Energy Ltd (ADNA.NS) pledged shares to SBICAP Trustee Co, the firm said in Friday filings to the Bombay Stock Exchange. SBICAP Trustee said it had received the pledges in its capacity as "security trustee" of the lenders of Adani Enterprises. Fitch estimates that loans to all Adani group entities account for 0.8% to 1.2% of total lending by Indian banks rated by the agency. The Adani exposure of Indian banks is not enough to affect their credit profiles, two global rating agencies have said.

☆ Worried about Social Security benefit cuts? How calculators may help gauge how changes may affect you
▼ + stars: | 2022-12-05 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Hobo_018 | E+ | Getty ImagesHow to measure the effects of a benefit cutCovisum, a provider of Social Security claiming software, recently updated its calculator to reflect the Social Security trustees' latest projections. Offerings include a free version for consumers and a more complex paid version for financial advisors. Another product, Maximize My Social Security, lets consumers evaluate for a $40 annual fee which claiming strategy might best suit them. Because there are thousands of Social Security claiming rules, a more in-depth analysis can help identify the best way to get the most from the program for your unique situation. Why it's important to stress test your planIt's also important to remember the current depletion date projections are subject to change, as the Social Security trustees amend their projections each year.

☆ As Election Day approaches, Democrats warn that Social Security and Medicare are at stake
▼ + stars: | 2022-11-02 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

He also pointed to impending risks to Social Security based on plans floated by certain Republican lawmakers, namely Sens. What's more, it would mean letting two of the most important laws that established Social Security and Medicare expire, he said. It is unclear what his opponent Kean's stance is on Social Security and Medicare. While that's in keeping with years past, the difference this year is Social Security has been more of a front-burner issue. "Usually, it's a lot of lip service to Social Security and how they think it's a great program."

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