Here are the changes that could be coming to your Social Security benefits

Australia News News

Here are the changes that could be coming to your Social Security benefits
Australia Latest News,Australia Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Here are the changes that could be coming to your Social Security benefits.

if your combined income exceeds certain thresholds. This includes other income reported on tax returns, such as wages, self-employment, interest and dividends.

Lawmakers could change those terms in order to bring more money into the system, said Larry Kotlikoff, a professor of economics at Boston University and president of Economic Security Planning, a provider of financial planning tools. "The cumulative effect of 176 million people paying a tiny bit more would have a big impact," Shedden said.In 1983, Congress mandated that the full retirement age would gradually rise to 67 from 65, a change that is still being phased in today.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Influencer Acacia Kersey Quits Social Media After 'Immense Amount of Damage'Influencer Acacia Kersey Quits Social Media After 'Immense Amount of Damage'The YouTube/Instagram star told her fans that 'fear' had kept her online for longer than she wanted to admit (via toofab)
Read more »

Changing Careers? Here’s How To Talk About ItChanging Careers? Here’s How To Talk About ItWhen it comes to telling your professional narrative, particularly when changing careers, your delivery is crucial.
Read more »

Ramblin' with AM: A Whining Post
Read more »

Savage X Fenty Stores Are Coming SoonSavage X Fenty Stores Are Coming SoonSavage X Fenty is said to be worth one billion dollars and will most likely see even more revenue due to future plans of retail stores in 2022.
Read more »



Render Time: 2025-03-18 20:04:18