Biden has promised to reform Social Security — some changes could come as soon as this year

Image courtesy of Social Security Administration via Wikimedia Commons

President Joe Biden, Congressman John Larsen, and Senator Bernie Sanders have each proposed a plan to expand Social Security. Biden’s offers a modest benefit expansion and would solidify the program’s finances until 2039; Sanders’ and Larsen’s bills provide for additional benefits and would secure funding to 2071 and 2092, respectively. Legislative action could come as soon as this year.

Read more: CNBC »

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