Monday, 16 April 2012

Taxable Wage Base-Financial Outlook-Social Security-Annual Report-Health

How to get the most from Social Security

CHICAGO (Reuters) - The trustees of Social Security will release their annual report on the program's Health sometime in the next few weeks, and the news will not be good. The 2012 briefing is expected to show further deterioration in Social Security's financial outlook, due to the higher-than-expected 2.9 percent cost-of-living adjustment awarded this year and a decline in the taxable wage base available to the program. The report is the official gauge of the program's health - signed by three Cabinet members, the Social Security commissioner and two independent Congressional appointees. ... read more..

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