Sentences with phrase «social security funds in»

People who are disabled and can not work due to the disability, may request to receive federal social security funds in -LSB-...]

Any opposition is due largely to lack of information and concern about transition costs, similar to the skepticism surrounding proposals to invest a portion of Social Security funds in the market to improve long - term pension levels.

The poll also found that the majority of retirees, 59 percent rely on Social Security funds in their post-retirement life.The survey also found a bleak outlook most New Yorkers hold for their retirement.

Not exact matches

In Social Security, taxpayers will contribute about $ 1 to its trust fund for every $ 1.10 retirees are projected receive in benefits over the next decadIn Social Security, taxpayers will contribute about $ 1 to its trust fund for every $ 1.10 retirees are projected receive in benefits over the next decadin benefits over the next decade.

The $ 2.9 trillion currently in the Social Security trust fund represents about 14 % of the value of all the stocks on the New York Stock Exchange.

In order to invest those funds into stocks, Social Security would have to redeem those bonds for cash.

The bonds in the Social Security trust fund aren't real assets: Instead, they are claims against future revenue.

Had Social Security started investing in stocks in the early 1980s or late 1990s, she argues, the trust fund would be significantly more flush than it is now, even taking into account the bursting of the tech bubble in 2000 and the meltdown in 2008.

Under current law, the assets in the Social Security trust fund are invested in Treasury bonds, notes and bills.

• New Knowledge, a cyber security company that detects social media propaganda campaigns in real time, raised $ 1.9 million in seed funding.

Finally, the biggest threat to Social Security will come in the early to mid-2030s, when the program uses up its trust funds.

2034 is the year in which Social Security program officials expect the trust funds to run out of money.

For every year you worked you needed to fund one year of current living expenses and set aside enough funds (either through your contribution to Social Security or outright retirement savings) to cover another three - fourths of a year of expenses in retirement.

The Social Security trust fund ended 2016 with $ 2.85 billion in reserves, and the program is expected to run a modest surplus in every year through 2022.

MH: Lower interest rates mean slower accruals of interest in the government's own Social Security and medical care funds.

The Trustees themselves explain that Social Security's two biggest trust funds will start running terminal deficits in 2020 until they are fully depleted 14 years later.

Funds in the account are in the minor's name and social security number and are considered to be owned by the minor.

While I believe in do - it - yourself saving while young, it pays to see a trained financial planner before retiring to make sure you have adequate savings, that you have timed retirement to maximize Social Security, and that you will withdraw your funds in a tax - efficient way.

[1] Another tax law, the Temporary Payroll Tax Cut Continuation Act of 2011, extended through 2012 a cut in employees» share of the payroll tax funding Social Security, from 6.2 percent to 4.2 percent.

The Pension Fund and Regulatory Development Authority (PFRDA) board, in its meeting last week, took these decisions with regard to the centre's flagship social security scheme.

This money is typically held in trust funds such as those for Social Security and Medicare.

The $ 31.33 billion drawdown over the past year is a drop in the bucket relative to China's $ 1.2 trillion holding, the third - largest after the Fed and the Social Security Fund.

The California Public Employees Retirement Systems (Calpers) at $ 342.5 bln AUM is the largest public pension fund in the USA (as social security is not funded, opting for a «pay as you go» approach).

In the mid 1980s, Congress increased payroll taxes in order to build up the newly created Social Security Trust Fund to prepare for the retirement of the baby - boomerIn the mid 1980s, Congress increased payroll taxes in order to build up the newly created Social Security Trust Fund to prepare for the retirement of the baby - boomerin order to build up the newly created Social Security Trust Fund to prepare for the retirement of the baby - boomers.

When to claim Social Security benefits will be one of the most important decisions that you make regarding your retirement, along with how to take retirement income from your various retirement accounts and how you will fund your health care needs in retirement.

One solution for prolonging the length of retirement funds and maintaining decent standard of living in retirement is to put off receiving Social Security benefits.

The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.

Given that Social Security faces a substantial funding shortfall and that most workers don't appear to face a retirement crisis, there is a strong case for gradually slowing benefit growth, particularly for wealthier workers who are currently slated to receive millions in lifetime benefits despite being able to live comfortably off their private retirement savings.

First, the bad news: According to the Trustees of the Social Security and Medicare trust funds, current projections have the Social Security trust fund running out of money in 2034.

Social Security, in my opinion is the scourge of the middle class — imagine how much more wealth the middle class would have if all of those withholdings had gone into tax - free 401ks invested in mutual funds.

In a recent study by the Nationwide Retirement Institute, 72 % of workers 50 and over worry about Social Security running out of funding in their lifetimIn a recent study by the Nationwide Retirement Institute, 72 % of workers 50 and over worry about Social Security running out of funding in their lifetimin their lifetime.

Political, social or economic disruptions in the region, even in countries in which the fund is not invested, may adversely affect the value of securities held by the fund.

The safest prediction is that the biggest beneficiaries of Social Security privatization will be managers of the conservative mutual funds in which the vast majority of workers will invest in the hope that they will be no worse off than under the old system.

The Ryan - Sununu Plan would have required a new transfer of $ 1.3 trillion (look at Table 1a) to Social Security from the general fund in the first ten years.

The fund has a surplus now, but it won't when Baby Boomers are fully retired and those working will be unable to pay their parents» benefits without unconscionable increases in the Social Security payroll tax.

While demographics in the Unites States have changed dramatically since Social Security's inception in 1935, Crowley said that there is no need to restructure the program, even with President Obama's own experts saying the fund is unsustainable at its current ratio of workers to benefit recipients.

In 1999, the Fund was transferred from the Department of Social Security to the Inland Revenue.

Debt held by government accounts or intragovernmental debt, such as non-marketable Treasury securities held in accounts administered by the federal government that are owed to program beneficiaries, such as the Social Security Trust Fund.

In the past, social security disability payments have been partly funded with money intended for the bigger and better - funded social security retirement account.

In 2003 economics researchers Hobijn and Lagakos estimated that the social security trust fund would run out of money in 40 years using CPI - W and in 35 years using CPI - In 2003 economics researchers Hobijn and Lagakos estimated that the social security trust fund would run out of money in 40 years using CPI - W and in 35 years using CPI - in 40 years using CPI - W and in 35 years using CPI - in 35 years using CPI - E.

It is a mistake to look at the Social Security trust fund in isolation.

Benefits were then paid from the money in the Social Security Trust Funds.

(1) the additional surplus in the Social Security Trust Fund generated by this Act should be reserved for Social Security and not spent in this Act for other purposes; and

(4) This Act will increase the surplus in the Social Security Trust Fund, which should be reserved to strengthen the finances of Social Security.

As Nigeria's economy suffers a near recession due to the falling oil prices, with 27 States out of 36 states in the country needing bail - out funds to offset salary arrears, Lagos has been witnessing an unprecedented influx of people from far and near, thereby putting pressure on social infrastructure and security.

Lancman claimed Crowley opposes lifting the Social Security tax cap and cited a May 24 debate during which Lancman claimed that Meng said Social Security funds were in no danger of running out soon.

And if the Social Security fund decides its a good time to sell its derivatives it may have trouble to sell them all for the opposite reason - there just may not be enough people buying (this is what lead to the Lehman collapse in 2008).

There is zero chance of the federal government investing the Social Security trust fund in derivatives.

The wider task of comprehensive social security reform would inevitably require a high - level body to review and advise on the harmonization of various initiatives and deductions from workers» payrolls in the name of welfare, such as pension contributions, national housing fund, national health insurance etc

I think it's really important that growth extend to all working families in this district, and I think those are very strong ways of growing our Social Security trust fund.