Tag: Social Security
Acting soon allows baby boomers to share the burden and reduces the size of the changes. The 2015 report from the Social Security Trustees shows a slight improvement in the system’s finances from last year. The deficit over the next 75 years declined from 2.88 percent of taxable payrolls in 2014 to 2.68 percent in…
The brief’s key findings are: To help workers better plan for retirement, the Social Security Administration provides a Statement with personalized benefit estimates. Surveys have explored how workers view the Statement, and research studies have examined its effectiveness. The results indicate that workers generally consider the Statement a valuable resource, and it improves their benefit…