The US program securing retirement, disability, and survivors benefits
A growing number of Americans over 65 are working longer or returning to work due to financial pressures, longer life spans, and changing attitudes toward work. Stories from retirees illustrate a shift away from traditional retirement, with many finding purpose and activity in gig work or continued employment.
Republicans are tapping Trump turnout power while shaping a cost‑of‑living policy platform, aiming to avoid a pure referendum on the president. Democrats counter with a 10‑bill progressive agenda and restructuring of district maps, signaling a high‑stakes clash ahead of midterms and 2028 considerations.
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.
The Guardian, CNBC and other outlets report on post-election economic conditions. UK growth remains sluggish while policies under Labour’s administration meet mixed reception. Inflation has cooled but remains elevated; deficits persist as taxpayers recalibrate expectations and government priorities.
A CNBC survey shows 76% of workplace savers fear declining retirement income in the future, with growing interest in annuities within 401(k)s. Morningstar reports annuities in target-date funds are rising but still under 1% of assets; the Department of Labor proposes easier inclusion of lifetime income products in defined contribution plans.