Senators push bipartisan plan to ‘save Social Security’
Proposals come as policymakers and financial professionals warn of looming funding shortfalls and confusion about how the program works.
Social Security
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Social Security, Medicare solvency could be examined by bipartisan commission
Rather than advancing immediate policy changes, the panel would study financial outlooks and submit recommendations for lawmakers to consider.
Study: Bipartisan Social Security plan to borrow and invest unlikely to pay off
The assessment was critical of a plan championed by Sens. Bill Cassidy, a Louisiana Republican, and Tim Kaine, a Virginia Democrat.
Social Security COLA forecast for 2027 jumps to 3.9% in response to rising inflation
The average monthly benefit for retired workers is projected to rise from $2,081.16 to $2,162.33, based on April 2026 figures.
Bill targets Social Security earnings limits as retirement trends shift
The Senior Citizens’ Freedom to Work Act would repeal the retirement earnings test.
Retirement confidence declines as worries grow over Social Security, rising expenses
Worker confidence fell 6 percentage points from 2025 to 61%, while retiree confidence fell 5 percentage points to 73%.
Policy turmoil, fiscal uncertainty cause retirement hesitation
Findings from a recent survey show 21% of unretired respondents postponing retirement and 33% moving to safer portfolios.
‘Six-figure limit’ aims to halt Social Security trust fund insolvency
A proposed “six-figure limit” would cap benefits at $100,000 per year for couples retiring at the normal retirement age.
How policy uncertainty is reshaping senior retirement plans
More than half of respondents said a 20-percent cut to Social Security benefits would require “significant sacrifices or a tighter budget.”
Home equity props up retirees as savings fall short
Retirement savings represent about one-quarter of financial assets for the typical working adult, while home equity accounts for one-third.