Negative
27Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 6 hours ago
- Bias Distribution
- 100% Left
Nationwide Sessions Aim to Clarify Social Security Benefits and Claiming Strategies
Social Security payroll tax in 2025 includes a 6.2% deduction from employees and an equal contribution by employers, totaling 12.4%, with self-employed individuals paying the full amount; this tax funds current beneficiaries rather than personal retirement accounts, and applies only up to a wage base limit of $176,100. While standard advice suggests delaying Social Security benefits until age 70 to maximize lifetime income, this strategy isn’t optimal for everyone, as nearly 43% of retirees would benefit from claiming earlier based on individual health and circumstances. Many Americans lack a clear Social Security claiming strategy, with studies showing 55% unsure how it fits into their retirement plans and 67% worried about benefit availability, especially given the projected insolvency in 2033 that may reduce payouts to 77%. Educational sessions are being offered to help future retirees understand Social Security benefits, when to claim, taxation, and spousal/widow benefits, emphasizing the importance of planning to maximize benefits in light of increasing life expectancies. Experts highlight that Social Security checks are a reliable income source that increases over time and cannot be outlived, advocating for careful strategy rather than rushing to claim benefits early. These findings underscore the need for personalized planning and awareness to optimize Social Security benefits amid concerns over future system sustainability.

- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 6 hours ago
- Bias Distribution
- 100% Left
Negative
27Serious
Neutral
Optimistic
Positive
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