Biden Budget Would Eliminate Backdoor Roth Conversions, Consider Tax Change to Bolster Social Security
The reform would raise $23.7 billion over 10 years, according to the Department of the Treasury.
Tag: Social Secuity
Biden State of the Union: Cut Junk Fees, Not Social Security
President Joe Biden highlighted his administration’s regulations that limit various fees and said the Social Security eligibility age should not...
How to Plan for Social Security Cuts
Robert Pagliarini explains why advisers should help their clients use saving and investment strategies that account for contingencies based on...
Senate Committee Advances Julie Su’s DOL Nomination—Again
Su advanced to the full Senate by an 11 to 10 vote for the second time in almost a year,...
Low Birth Rates Are Not the Main Threat to Social Security Insolvency
Income inequality is a greater threat, according to the Social Security Administration’s chief actuary.
SECURE 2.0’s Disappointments
SECURE 2.0 has a number of issues with it such as its budget myopia and failure to expand access adequately.
Social Security Trust Funds Gain One Year
Combined assets of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2035; however, the OASI Trust Fund...
Many Americans Would Forego Social Security Payments for Student Loan Debt Forgiveness
The Student Security Act of 2017 would grant $550 in student loan forgiveness for each month a student debtor was willing to raise his or her full retirement...