An American nonprofit advocating for people 50 and older
President Donald Trump has promised a $5,000 payment to every adult U.S. citizen if Republicans retain control of both houses in November’s midterms. The White House has provided only a short fact sheet; Republicans, legal experts and budget analysts have questioned the plan’s legality, cost (about $1.2–1.4 trillion) and how it would be funded.
Trust funds for Old-Age and Survivors Insurance and Medicare face earlier depletion than previously forecast. PWBM projects depletion by 2033 for OASI and 2034 for combined funds, while the official trustees warn longer-term pressures. Lawmakers face urgent choices on taxes, benefits, and program integrity as costs rise for aging Americans.
A CNBC-led review shows women continue to earn less, provide more caregiving, and save differently, widening retirement gaps. While Social Security decisions and new accounts nudge savings, experts warn the gap remains and growth in annuity options is gradual.
A US-brokered framework envisions an Israeli withdrawal from Lebanon with Hezbollah disarmament as a precondition. Lebanon’s political divide is intensifying as tensions rise, roadblocks persist and fears of civil strife grow amid daunting regional dynamics.
A wave of new surveys shows Americans face higher retirement costs and uncertainty about Social Security solvency. People are saving less than they think they’ll need, inflation and healthcare costs are rising, and many expect to work longer or rely on savings strategies to bridge the gap.
The Social Security system faces a potential funding shortfall by 2032, risking up to a 22% cut to monthly benefits. Lawmakers are weighing options, including removing the income cap on contributions. Current payments are issued on a staggered schedule by birth dates, with SSI recipients on a separate timeline.
Dolly Parton has died at 80. In interviews from CNBC and Business Insider UK, she reflects on career-defining moments, including leaving Porter Wagoner's show, writing I Will Always Love You, and negotiating publishing rights. Her philosophy blends work, purpose and resilience as she faced health, age and business decisions.
Voters show broad support for reforms to shore up Social Security as fund depletion looms in 2032; surveys indicate rising awareness and willingness to accept tax hikes or benefit adjustments, with Republican and Democratic voters largely aligned.