Social Security 2017 Trustees Report
Reading Time: 1 MinuteLast Updated: July 13, 2017
Today, the 2017 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds was released. To learn more, please visit http://ow.ly/crq630dC1i8.
Join us on Facebook Live on 7/17 at 7 P.M. ET as we chat with Social Security’s Chief Actuary Steve Goss.
Note: The closed captioned version will be available within 24 – 48 hours of the broadcast.
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Santiago
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Cassandra
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reds
why aren’t the people that have a higher income taxed like us regular working people? Its not quite fair, eliminating the cap would help keep it solvent for quite a while.
Lois
To those who do not think social security has been reduced don’t know people who were blindsided by earning the whole amount that was taxed and then at retirement being cut to the bone while the next few years thise who earned the whole taxable amiunt had their retirement benefits raised a great deal.
My husband a ww2 vet had that experience and bequeathed same to me his widow.
Chester
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ST
If the earnings limit for Social Security tax were raised or, even better, eliminated, there would be no problem at all for the future of Social Security and Medicare benefits. Low wage workers pay an unfair share of the tax, since 100% of their income is taxed, while high paid workers pay tax on only a fraction of their income.
chinagirl
I really do not understand why there IS an earnings limit on SS– what was the original thought on that?
Buzzm1
Social Security Monthly CPI-W http://bit.ly/2tPkeTb
Social Security Quarterly CPI-W http://bit.ly/2rx0moj
CPI-W
2016 Q3 235.057
2016 Q4 235.446
2017 Q1 237.329
2017 Q2 238.618 (1.5% over 2016 Q3)
2017 Q3
to achieve a 2% cost-of-living increase, a Q3 reading of 239.758 is necessary.
Q3 is an average of July, August, and September monthly readings …
PAW
In just my opinion, everyone past, present or future, should know what Social Security can and will do for them when the time comes to collect. It is not a living wage and never was set up to be. When you are working the amount you put in is far less than what you eventually get out if you live long enough to collect on it. The Affordable Care Act is meant for those citizens who cannot afford to pay for medical needs and everyone who applies and are eligible gets covered and that’s a fact. Everyone in America should know that the majority rules in politics! Take a step back and listen to yourself, you don’t need to complain because whatever you are getting “beats a blank!”
AKA
We’d be better off without the ACA. It has so screwed up the market place that it has caused those who could work to not be hired or to be placed into PT positions so that they can’t afford medical care. Further the deductibles and co pays are so high as to make those who can find a doctor unable to go to him anyway. Might as well not have insurance.
Dennis
The full report may Board of Trustees 2017 OASDI report may be obtained from the SSA’s website here:
https://www.ssa.gov/OACT/TR/2017/index.html
Larry g.
Just curious about trump’s changes to medicaid ?
AKA
The why don’t you go to a different site? One that discusses medical welfare payments, SS has nothing to do with that.