401kspecialist Email Newsletter: CBO Predicts Year Social Security Funds Run Dry (August 31, 2024)

401(k) Specialist

Newly updated report finds funds may last an additional year, but still tracking toward a 23% benefit cut absent Congressional action

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Social Security Trust Funds will be Exhausted by FY 2034: CBO

Newly updated report finds funds may last an additional year, but still tracking toward a 23% benefit cut absent Congressional action

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Retirement Accounts on Continued Upswing in Q2: Fidelity

401(k), 403(b), and IRA accounts have all experienced consistent growth throughout 2024, reports Fidelity’s latest analysis

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Americans Unfamiliar With How or When to Take Social Security Benefits

And only 22% have talked about their Social Security concerns with an advisor, reports Allianz Life

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Most Viewed Article of the Week

TIAA, Accenture Team Up to Enhance Recordkeeping Capabilities

Accenture will support TIAA’s recordkeeping operations through automation and enhanced processes, while TIAA will keep full responsibility for its retirement plans

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Why are employees not participating in their 401(k)s?

Learn how to tackle the three roadblocks to retirement plan participation

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August 31, 2024 6:00pm
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CBO Predicts Year Social Security Funds Run Dry

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