Is Social Security Disability going to stop?
For those who suffer from severe and permanent disabilities, there is no “expiration date” set on your Social Security Disability payments. As long as you remain disabled, you will continue to receive your disability payments until you reach retirement age.
Why was my Social Security check reduced this month 2020?
If you recently started receiving Social Security benefits, there are three common reasons why you may be getting less than you expected: an offset due to outstanding debts, taking benefits early, and a high income.
Why should you care about Trump’s plan to eliminate social security?
At a time when pensions are vanishing and 401ks have proven inadequate, Trump’s plan to eliminate Social Security’s revenue stream would destroy the one source of retirement income that people can count on. Moreover, Social Security is often the only disability insurance and life insurance that working families have.
Will cutting the payroll tax hurt Social Security?
Ending Social Security is not on the agenda for the re-election campaign, though. It’s the campaign’s position to protect it while making the payroll tax deferral permanent. Zach Parkinson, the Trump campaign’s deputy communications director, told USA TODAY that claims that cutting the payroll tax will hurt social security are “misinformation.”
Is Donald Trump’s executive order a declaration of war on social security?
Donald Trump’s executive order, which seeks to defer Social Security contributions, is bad enough. But his promise to ‘terminate’ FICA contributions if he is reelected is a full-on declaration of war against current and future Social Security beneficiaries.
Should we stop funding social security without replacing it?
It is reasonable to suppose that removing so much funding for Social Security, without replacing it, would pose a threat to the continued existence of Social Security itself and its associated OASDI benefits.