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US news
from24/7 Wall St.
1 month ago

Dave Ramsey's Controversial Social Security Advice Could Work for You -- If You Do This

Claiming Social Security at 62 may yield greater lifetime payouts if benefits are invested, despite reduced monthly checks compared to claiming at 70.
US politics
from24/7 Wall St.
1 month ago

These Are the 3 Most Important Factors for Getting More Social Security

Maximizing Social Security benefits requires at least 35 years of earnings and higher late-career wages to increase the monthly lifelong payment.
more#social-security
from24/7 Wall St.
1 week ago

Social Security Faces $460 Monthly Cut Per Retiree Unless Congress Acts

The Old-Age and Survivors Insurance Trust Fund faces a critical milestone in 2033 when its reserves are projected to run dry. This doesn't mean Social Security disappears-payroll taxes from current workers will continue flowing in, but those taxes alone won't cover full benefits. The gap between incoming revenue and promised payments creates the funding crisis. Without congressional action, the program could only pay about 77% of scheduled benefits.
US news
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