Sentences with phrase «said social security funds»

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.

Not exact matches

«People who live at least another few decades will likely be affected by diminished funding of Social Security, and also the economic impacts that impact the broader economy, including rising interest rates and inflation,» Hamrick said.

«Many estimates have the Social Security Trust Fund exhausting around 2034,» said Peter Donohoe, a Boston - based financial consultant at Citizens Investment Services.

And last but not least, those now getting Social Security payments who do not need said funds to live a good life style should not be be given said monthly payments.

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.

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

When I asked her about any differences she had with her own party, the Democratic county legislator said that she disagreed with those (including the president) willing to consider adopting a «chained CPI» to calculate Social Security cost - of - living adjustments, and she opposes linking student loans to money market fund rates.

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.

«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.

So you could say that the couple actually has $ 2 million in assets — $ 1 million in stock and bond index funds and a $ 1 million Social Security «bond.»

If you don't need those funds (because, say, you're still liquidating taxable assets or because you're getting so much social security / pension money that you don't need much from that source) then it would be great to have some assets in a Roth that you don't have to touch.

The money that you truly need access to at all times and that you really can't afford to put at any risk — say, a cash reserve for emergencies and unexpected expenses, cash to pay a year - to - two's worth of retirement expenses beyond what Social Security and any pensions would cover — would go into the most secure and most liquid investments, by which I mean an FDIC - insured savings account or money - market account and / or a highly secure investments like a money - market fund.

«Many estimates have the Social Security Trust Fund exhausting around 2034,» said Peter Donohoe, a Boston - based financial consultant at Citizens Investment Services.

Funding Your Retirement - Planning Strategies See what experts have to say about sources of income, social security benefits, working in retirement, and reverse mortgages.

With that said, I'm off to earn a couple of greenbacks and do my part to fund Social Security.

Yesterday's report also said the Social Security trust fund will begin to spend more money than it takes in through tax revenue in 2016, one year sooner than predicted a year ago.

Seems a stretch to me... Maybe some young people are just recognizing that for the most part — in the jargon of economics — they've been an externality so far, whether in terms of how society, say, funds Social Security or deals with the planet's long - term health?]