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FAQs about SocialBargains - You'll need to act fast to take advantage. Coupon?

Will Social Security Fairness Act lead to 'deeper and faster' benefits cuts?

Expert says Social Security Fairness Act will lead to 'deeper and faster' benefit cuts After receiving approval from the U.S. Senate in the early morning hours of Dec. 21, the Social Security Fairness Act is set to be presented to the president and signed into law. The bill is designed to bolster Social Security benefits for a portion of Americans. ...

Will the Social Security Fairness Act be rolled back?

Now, more than 40 years after WEP was enacted, the Social Security Fairness Act seeks to roll it back. While it has bipartisan support, it remains to be seen whether the bill will be passed and signed into law this year. Frequently Asked Social Security Benefit Questions. ...

Are Social Security benefits fair?

There was also a question of fairness. Social Security benefits replace a larger portion of income for lower-income workers. For workers at full retirement age in 2023, Social Security replaced approximately 78% of the income for very low earners, 42% for medium earners and 29% for maximum earners, the Social Security Administration says. ...

Could social security workers get 'overly generous' benefits?

Some of these workers also at one point had jobs that did pay into the system or are married to people who do pay Social Security taxes. Under the proposed rule changes, these workers could receive "overly generous" benefit checks, Smith claims, partly funded by those who regularly paid into Social Security. ...

Why should you act fast?

Acting fast allows you to have a faster OODA loop. The OODA loop was developed by another military strategist, John Boyd, and is also part of the backbone of modern lean product management. I think of it as ‘in flight’ optimisation, or as John Maynard Keynes said: “When the facts change, I change my mind. What do you do sir?” ...

What is 'thing big start small act fast'?

Thing big, start small act fast is a way of dealing with uncertainties and a world that you have to create. Most people are more comfortable with certainties and a world created for them. Nevertheless, it’s a worthwhile discipline. So to say it once more: Thing big: Make it meaningful to yourself and to others ...