A new report warns that more than 2 million Ohioans could see their Social Security benefits reduced beginning in 2032 if Congress fails to address looming funding shortfalls. Advocates say the cuts could increase poverty among older adults and place new pressures on state and local safety-net programs.
Tag: Social Security
Posted inMONEY
The Retirement Gap: Why Black Women Face Greater Financial Risks Later in Life. According to New Research
Retirement accounts have become America’s largest source of wealth, but new research shows many Black women face significant barriers to building retirement security. Here’s what the findings mean and what can be done to close the gap.