trustees report
Coverage of trustees report in the Nexus archive.
- Elizabeth Warren is demanding Trump clarify plans to raise Social Security's retirement age
Elizabeth Warren is demanding Trump clarify his plans to raise Social Security's retirement age. The letter cites a trustees report projecting the retirement trust fund will run dry in 2032, accelerated by Trump's tax bill.
- Social Security’s looming insolvency sparks alarm in Congress
A trustees' report indicates Social Security will become insolvent sooner than expected, prompting Speaker Mike Johnson to urge Republicans to address reform. Senate Republicans oppose this approach, citing political risks ahead of the 2027 election.
- Four senior senators express alarm, push for ‘hard’ Social Security votes
Four senior senators, two Democrats and two Republicans, are urging Congress to address Social Security solvency after a report projected a significant shortfall by 2032. The senators argue Congress should not delay action on the issue.
- You can calculate the exact impact a reduced Social Security check will have on your retirement success
The article explains how a 22% decrease in Social Security benefits by 2032, as projected by the latest Trustees report, could affect individual retirement outcomes. It emphasizes the need to assess this potential reduction's impact on retirement success.