minimum benefit

Social Security: Older Workers in Physically Demanding Jobs at Risk

The Social Security retirement age, currently set at 67, is facing calls for further increase. However, according to a recent task force report from the National Academy of Social Insurance, this proposal may pose a challenge for older workers in physically demanding jobs. The report highlights the potential harm this could cause to economically vulnerable individuals who already struggle due to the existing retirement age increase. Rebecca Vallas, a task force member and senior fellow …

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Is Social Security Doomed? Unveiling the Harsh Reality of Joe Biden’s 4-Point Strategy

President Joe Biden’s proposal to strengthen Social Security falls short of making a significant impact. Despite the average monthly benefit of $1,835 for retired workers, which serves as a crucial income source for most seniors, the president’s plan fails to address the underlying issues. For over two decades, Gallup has conducted polls asking retirees about their dependence on Social Security. Consistently, at least 80% of respondents have acknowledged relying on their monthly benefits to some …

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