Withholding on Social Security
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There's one thing I think we can all agree on when it comes to President Bush's proposal to set up personal investment accounts as part of the Social Security program: As the saying goes, the devil is in the details, and the details are woefully lacking thus far.
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MAIN TOPIC: President Bush will offer new details about his plan to let younger workers divert some of their Social Security payroll taxes into personal investment accounts. Experts say while the president will seek to reassure Americans who are at or near retirement, he will leave larger questions unanswered.
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The White House said on Monday it  would borrow money to help pay for adding personal retirement  accounts to Social Security, after ruling out tax increases to  finance a transition experts say could cost $1 trillion to $2  trillion over 10 years.
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Save for retirement while living well right now.
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Iin about 15 years, and probably less, this nation&#39;s retirement system will start to run a deficit, according to the Social Security&#39;s trustees.
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Nearly nine out of 10 Americans were  worried about saving enough for retirement even before  President Bush began his recent campaign to change Social  Security, according to a newly released study.
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Estimates are that by 2018 the Social Security system will start paying out more in benefits than it collects in taxes. By 2042, with the deficit approaching $13 trillion, the tax revenues are only expected to cover about 73 percent of benefits owed.
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Have you been deferring your retirement savings for another day? Here's how to get back on track.
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Goodbye Social Security, pensions, company health benefits and job security. Let the people decide what to do with their own money, as this new age&#39;s popularizers say.
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Social Security, the entitlement that keeps millions of elderly Americans out of poverty with monthly checks gleaned from payroll taxes, ranks as one of Flint Journal readers&#39; top issues in this presidential election.
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GREENBURGH, N.Y. -- Audrey Davison lives alone, gets a $620 Social Security check each month and worries about the sharply rising taxes on her four-bedroom house. Davison, 76, raised her family there, and after 43 years, she really doesn't want to leave Greenburgh.
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WASHINGTON -- Maybe you're saving too much for retirement. You may also be eating too many vegetables, spending too much time with the kids, exercising too regularly, and doing your job too diligently.
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When people enroll in a Medicare drug plan later this year, the first option for paying their monthly premiums will no longer be through a deduction in their Social Security check. Instead, the government will encourage beneficiaries to pay insurers directly.
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CRAWFORD, Texas  - Facing record budget deficits,  the Bush administration likely will turn to short-term  government borrowing to help finance its plan to add personal  retirement accounts to Social Security, officials said on  Saturday.
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Future Social Security benefits could be cut almost in half for some younger workers under a plan President Bush is considering for overhauling the nation's retirement system.
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About half of cost-of-living adjustment to Social Security benefit to go to Medicare premium hike. NEW YORK (CNN/Money) - Social Security beneficiaries will likely get about $24 a month more next year under
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Social Security battle comes as both state and private retirement plans are shifting.