Former Social Security Official Pitched an Investment Strategy to Keep Fund Solvent. It Went Nowhere. Story by Dana Mattioli, Ken Thomas, Anne Tergesen • 2w ...

Contrary to viral claims, Social Security has not raised the retirement age to 68. No formal proposal has reached Congress or been adopted.

In May, the average Social Security check for retired-worker beneficiaries, who comprise the bulk of recipients, made history by surpassing a psychological milestone. Image source: Getty Images.

Scott Coulter got little traction on his idea to avert the trust fund’s insolvency, accelerated by the tax-and-spending bill.