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If the reserves in the trust fund are depleted, that means Social Security is only going to be able to pay out benefits from ...
The Committee for a Responsible Federal Budget projects that Social Security’s main trust fund will be insolvent by the end ...
Investing legend Warren Buffett is clearly not someone who has to rely on Social Security, given that he has billions of ...
Social Security faces dire future if Congress doesn't act. Analysis warns of 24% cuts in 7 years and insolvency for Medicare.
Warren Buffett warns of potential Social Security cuts due to the projected depletion of the trust fund by 2033.
During the 2005 Berkshire Hathaway (NYSE:BRK, BRK.B)) annual meeting, a shareholder didn't hold back, asking Warren Buffett directly: "Today I'm asking for your opinion on Social Security.
Even so, Warren Buffett and other high-net worth individuals are eligible for the maximum amount from the Social Security program. Keep reading to find out how big Buffett’s Social Security ...
When Buffett reached his full retirement age in 1995, the maximum taxable earnings amount for Social Security was $61,200. Going back 35 years before then, the maximum was only $4,800.
If we use Social Security's benefits quick calculator tool and plug in Buffett's August 30, 1930 date of birth, we're told that his monthly benefit should be $3,245.00.