Sentences with phrase «for social security funds»

My situation is: I thought maybe my «savings (inherited trust)» would be adequate; however: I think striving for Social Security funds as I age is an integral financial back up plan;

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 decade.

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

To stress - test your budget, he suggested practicing living off an amount equal to your guaranteed sources of retirement income for at least six months, including pensions, Social Security, annuities or — for the lucky few — trust funds.

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.

An analysis found that even a big increase to a full retirement age of 70 would only take care of 25 % of the Social Security funding gap, while a 1 % tax increase would make up for 52 % of the problem and eliminating the taxable wage cap would pay for 74 %.

On Tuesday night, at least 200 people came out to a high school to listen to Dr. Tipirneni, who spoke of her support for a public health insurance option, «common - sense» gun control, and robust funding for Social Security, Medicare and Medicaid.

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

You paid for the right to received Social Security and Medicare, at whatever the current cost, partly funded by taxpayers of the future.

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 - boomers.

The government collects 12.4 % of your wages for Social Security and 2.9 % to fund Medicare.

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 investor watchdog talks to ThinkAdvisor about why SEC Chair White is a «bad SEC chair for investors» and why the Social Security trust fund isn't as important as many think.

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.

Total federal government expenses consist of four major components: major transfers to persons (old age security, employment insurance benefits and children's benefits); major transfers to other levels of government (Canada Health Transfer, Canada Social Transfer, Fiscal arrangements, Alternative payments for standing programs, and Gas Tax Fund), direct program expenses (other transfers, Crown corporation expenses, and departmental and agency operating and capital expenses) and public debt charges.

That is only a fraction of the income - tax rate that most workers pay — on top of which is piled the 11 % FICA wage withholding for Social Security and Medicare that all workers have to pay on their salaries up to the cut - off point of about $ 102,000 (This cut - off frees from this tax the tens of millions of dollars that hedge fund traders pay themselves).

If you need to tap your retirement funds early or apply for Social Security at 62, or before your full retirement age, or even at 70, that's okay.

Oh Holy Father, Bless us as we cut funding for child health care, take food away from the poor, take medical care away from the sick, take social security away from the old, take medicare away from the infirm, and take unemployment compensation away from the unfortunate.

Not so for some items under communications (e.g., funding for public television), domestic and social development (social security and health care proposals), and international justice and peace (Kyoto climate control, funding the UN).

More people lifted out of poverty; social mobility increased; more funding for public services; greater life expectancy and public health; better security services; better at looking after people; better at anti-discrimination; fairer society.

Providing for benefit payments (i.e., social security and veterans benefits) and the performance of contract obligations under no - year or multi-year or other funds remaining available for those purposes;

Rep. Dan Donovan of Staten Island said funds for homeland security, housing, and social programs «need to be intact»

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

A retirement fund of $ 14.5 million, combined with Social Security, would generate a monthly retirement check for these CEOs of $ 88,576.

(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

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.

Exceptions are made for public safety (per standing law), the active duty military (per a bill which did get passed to approve it), and things which are funded outside the standard budgeting process (such as Social Security).

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).

Ms. Stefanik then went onto intentionally misrepresent Aaron Woolf's views on Medicare — «He's for cutting Medicare» — and supports taking funds from Medicare and moving them into Social Security.

Social Security status - quo defenders have assured us for the past 25 years that Social Security is fully funded — for the next 25 years, or 2036.

Funds for Medicare will be exhausted by 2024, while funds for Social Security will disappear by 2033, says CaFunds for Medicare will be exhausted by 2024, while funds for Social Security will disappear by 2033, says Cafunds for Social Security will disappear by 2033, says Carvin.

This is feeding the demonisation of people on benefits Disabled people have already suffered the most under this government's cuts to social security — with the failed Work Capability Assessment for Employment and Support Allowance (ESA), the cuts to Disability Living Allowance (DLA), the closure of Remploy and the forthcoming abolition of the Independent Living Fund.

And, in Wisconsin's open 7th district, an ad funded by the Democratic Congressional Campaign Committee's independent expenditure arm — its first this cycle — goes after reality TV star Sean Duffy (R) for supporting a plan to privatize Social Security and describes it as «the wrong choice for Wisconsin's families.»

Looking at a color - coded graph of all spending categories in the overall federal budget makes clear one trend with major implications for R&D funding: A massive green chunk of the chart, representing» mandatory spending» — primarily through Medicare, Medicaid and Social Security — has grown from being 26.1 % of the overall federal budget in 1962, to 62.9 % now.

A new interactive online tool, launched today by AAAS, makes it easier to spot U.S. federal funding trends such as the continuing rise in mandatory spending for programs such as Social Security with spending levels set by law, a shift which has left a smaller percentage of the overall federal budget for science and other so - called «discretionary» expenses.

Following the murders at Charlie Hebdo in January, the agency funded several new research projects on security and violence — for example, into new mathematical models for social interactions — and increased its support for research on human behavior, the Middle East, the Muslim world, and religions in general.

In accordance with the «European Charter for Researchers» the DAAD offers funding to German institutions of higher education for the employment of the fellowship holders, thus ensuring that they receive adequate social security coverage throughout the whole funding period.

He rails against his parents when they offer him a new car for graduation, the final straw in what he sees as their lifetime of aimless materialism, then donates the remainder of his college fund ($ 24,000) to OxFam America, burns his credit and Social Security cards, and heads west in his battered Datsun.

Our analysis of evidence from the BLS National Compensation Survey and the NASRA Public Fund Survey shows that the employer contribution rates for public school teachers are a larger percentage of earnings than for private - sector professionals and managers, whether or not we take account of teacher coverage under Social Security.

«In the United States, there are pressures for only children — you may be your parents» pride and joy,» Fong says, «but most families here have retirement funds, social security, health care, Medicare, Medicaid, and so on.

The rest have to figure out whether they're covered by Social Security, how to make up for years of low savings rates for the pension fund by the state, and what to do if they leave teaching or cross state lines.

This budget language has the effect of allowing school divisions to carry - over, for appropriation in fiscal year 2003, state fund balances for any Direct Aid to Public Education account with the exception of the SOL Algebra Readiness program and those required to meet the Standards of Quality (i.e., Basic Aid, Textbooks, Vocational EducationSOQ, Gifted Education, Special EducationSOQ, Remedial EducationSOQ, VRS Retirement, Social Security, and VRS Group Life).

Booth was no newcomer to the anti-privatization fight, having helped to launch the New Century Alliance for Social Security in 1998, which pledged «to protect Social Security from schemes that «privatize» America's retirement system by reducing guaranteed benefits to fund private investment accounts.»

Sure, Social Security can help you pay for expenses in retirement, but you shouldn't rely solely on this fund.

Nothing is for free and this «Tax Holiday» is really another blow to the Social Security Trust Fund and to seniors collecting benefits.

Social Security payments that you can receive from this fund include not only your retirement benefits, but also disability benefits and benefits for surviving minor children.

For example, in 2015 — 16 tax collected was used to fund health care, provide education, social security and welfare payments, the defence force and other Government - funded services.

The money they receive is drawn out of the Social Security fund, where it has been earning interest for many years.

The result for the family who uses corporate class funds is the opportunity to structure taxable income from non-registered accounts to keep more of the first dollars invested, avoid high marginal tax rates and limit clawbacks of social benefits like the Old Age Security.