Do Billionaires Still Collect Social Security? The Answer Might Surprise You.
As long as they have a qualifying work history, billionaires collect Social Security benefits like everyone else. But not precisely like everyone else. The average American on Social Security in 2025 receives $1,976 per month. Presuming a billionaire’s income is from earned wages, it’s likely that they’ll receive something close to $5,108, the maximum Social […]
President Donald Trump’s Sweeping Social Security Reforms Are Failing to Address the Real Challenge Facing America’s Seniors
During the 2024 U.S. Presidential campaign, Donald Trump promised to protect Social Security for seniors. Since taking office in January, he’s gone to work making some significant reforms to the program through executive orders. While certain promises, like ending taxation on Social Security income, require congressional approval, he’s been able to enact several executive orders […]
I Used to Think I’d Never Claim Social Security Early, but I’ve Changed My Mind for This Reason
When I first started learning about Social Security, one of the things that stood out in my mind was how easy it is to set yourself up with larger monthly benefits for life. All you need to do is delay your claim until age 70 (or delay beyond full retirement age), and voilà — a […]
Social Security Is Changing Under President Trump. Here’s What Retirees Need to Know.
President Trump promised multiple times during his campaign that he would not cut Social Security benefits. Instead, he vowed to protect and strengthen the program by eliminating fraud. Trump also proposed ending taxes on Social Security benefits, a message that undoubtedly resonated with senior voters. Importantly, Social Security has a serious financing problem that could […]
