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Image source: Official White House photo by Shealah Craighead. 1. An experienced acting commissioner is now in charge. One of Trump's actions on the first day of his return to the White House ...
A union representing 42,000 of Social Security’s roughly 60,000 employees said that out of 1,800 probationary employees at the SSA, only 41 received termination notices on Thursday.
Image source: Getty Images. 7. Trump is a big fan of operating efficiency. Like his predecessors, the incoming president has taken a predominantly hands-off approach to Social Security.
Anything Trump does that impacts inflation will have a consequence for cost-of-living adjustments, the annual cost-of-living-adjustment that Social Security beneficiaries receive based on ...
Payroll taxes fund Social Security, with employers and employees each contributing 6.2%. The self-employed pay the full 12.4% tax themselves. As Ruggiero said, raising payroll taxes is one way to ...
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing a...
Social Security COLAs could end up higher if Trump is elected -- but there's a big catch for retirees. Social Security card, U.S. Treasury check, and $100 bills. Image source: Getty Images.
Trump’s proposal apparently would not affect Social Security payroll withholdings — the 6.2% employees and employers each pay into the system to fund Security Security (plus 1.45% for Medicare).