Retirement Scorecard true 0% 9 Checks mostly-true 0% 22 Checks Half True 0% 28 Checks mostly-false 0% 22 Checks false 0% 21 Checks Pants on Fire 0% 13 Checks For more details, see the Principles of PolitiFact All Fact-checks for Retirement Kari Lake stated on August 8, 2024 in on social media platform X: Ruben Gallego wants to “cut your Social Security.” August 29, 2024 Donald Trump stated on January 11, 2024 in a campaign ad: “Haley’s plan cuts Social Security benefits for 82% of Americans.” By Samantha Putterman • January 18, 2024 Donald Trump stated on January 6, 2024 in a speech: Nikki Haley “says the retirement age at 65 is way too low, it must be much higher.” By Samantha Putterman • January 8, 2024 Viral image stated on January 3, 2019 in a Facebook post: Retired U.S. presidents and members of Congress collect full salaries “for life." January 13, 2022 Common Sense Leadership Fund stated on September 17, 2021 in an attack ad: Democrats “want to tax your retirement funds to pay for their new trillion dollar power grab.” By Jon Greenberg • September 29, 2021 Facebook posts stated on October 10, 2019 in a Facebook post: Congressional benefits include “free health care, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days.” By Bill McCarthy • February 1, 2021 Facebook posts stated on September 28, 2020 in a Facebook post: “AARP endorses Biden and gives financial support to Planned Parenthood.” October 6, 2020 Facebook posts stated on September 7, 2020 in a post on Facebook: “A portion of everything you pay A.A.R.P goes directly to the Democratic Party.” September 18, 2020 Mark Kelly stated on September 2, 2020 in campaign website: Says Sen. Martha McSally “supported a plan to turn Medicare into a voucher program and ‘shift costs’ onto seniors” and “even supported raising the retirement age.” By Miriam Valverde • September 14, 2020 Jim Justice stated on July 27, 2020 in a press conference: West Virginia is the state with the oldest population. By Patrick Orsagos • July 29, 2020 Facebook posts stated on July 9, 2020 in on social media: Say that according to the Los Angeles Times, “95% of warrants for murder in Los Angeles are for illegal aliens,” more than two-thirds of all births in Los Angeles County “are to illegal alien Mexicans” on Medicaid, “nearly 60% of all occupants of HUD properties are illegal,” and Nancy Pelosi “wants to put a windfall tax” on retirement fund profits. By Louis Jacobson • July 29, 2020 Bob Hall stated on March 25, 2019 in the Texas Senate: "We now have several hundred teachers that are over 100 years old and what I've read recently is that a baby born today, their age expectancy is 110, at least." By Madlin Mekelburg • March 26, 2019 Rosemary Laird stated on March 14, 2017 in a Florida Senate committee hearing: "Currently, half a million Floridians have Alzheimer’s disease, and in less than 10 years, a 40 percent growth rate means that another 200,000 Floridians will develop this devastating illness." By Louis Jacobson • March 14, 2017 Bernie Sanders stated on December 12, 2016 in an interview: Fifty percent of workers ages 55 to 64 have "zero" money "in the bank as they enter retirement." December 21, 2016 New Century Times stated on December 9, 2016 in a web post: "Republicans Looking To Cut Social Security As Much As 50 percent Immediately." By Louis Jacobson • December 14, 2016 Newt Gingrich stated on December 2, 2016 in a radio interview.: "We adopted the modern Social Security system at a time when the average person died before they were old enough to get Social Security." By Warren Fiske • December 12, 2016 Mike Gallagher stated on September 12, 2016 in a TV ad: Says Tom Nelson "backed higher taxes on Social Security, costing Wisconsin seniors $95 million." September 30, 2016 Tom Nelson stated on September 1, 2016 in a TV ad: Says Mike Gallagher’s plan "would cut Social Security benefits for two-thirds of seniors." September 23, 2016 Donald Trump stated on August 31, 2016 in a speech: Says "Hillary Clinton has pledged amnesty in her first 100 days, and her plan will provide Obamacare, Social Security, and Medicare for illegal immigrants, breaking the federal budget." By C. Eugene Emery Jr. • September 2, 2016 Donald Trump stated on August 19, 2016 in a campaign ad: Says Hillary Clinton wants illegal immigrants "collecting Social Security benefits." By C. Eugene Emery Jr. • August 24, 2016 Load More Latest Articles No articles to show. Latest promises about Retirement Joe Biden Put Social Security on a path to long-run solvency Biden failed to meaningfully extend Social Security’s solvency | December 2, 2024 Joe Biden Expand and increase Social Security benefits Biden signs bipartisan law to end Social Security reductions for certain public-sector workers | January 8, 2025 Joe Biden Repeal law barring Medicare from negotiating lower drug prices Democrats’ Inflation Reduction Act will allow Medicare to negotiate drug prices | August 10, 2022 Barack Obama Allow penalty-free hardship withdrawals from retirement accounts in 2008 and 2009 Penalty-free 401(k) penalty withdrawals still not on the agenda, and taxes are due next week | April 10, 2009 Barack Obama Require automatic enrollment in 401(k) plans Promise was overtaken by events | February 10, 2012 Barack Obama Require automatic enrollment in IRA plans No federal law, but more states adopt auto-enrollment programs | December 15, 2016 Barack Obama Create a retirement savings tax credit for low incomes New retirement savings credit is a no-go | April 30, 2012 Latest promises about Retirement
Joe Biden Put Social Security on a path to long-run solvency Biden failed to meaningfully extend Social Security’s solvency | December 2, 2024
Joe Biden Expand and increase Social Security benefits Biden signs bipartisan law to end Social Security reductions for certain public-sector workers | January 8, 2025
Joe Biden Repeal law barring Medicare from negotiating lower drug prices Democrats’ Inflation Reduction Act will allow Medicare to negotiate drug prices | August 10, 2022
Barack Obama Allow penalty-free hardship withdrawals from retirement accounts in 2008 and 2009 Penalty-free 401(k) penalty withdrawals still not on the agenda, and taxes are due next week | April 10, 2009
Barack Obama Require automatic enrollment in 401(k) plans Promise was overtaken by events | February 10, 2012
Barack Obama Require automatic enrollment in IRA plans No federal law, but more states adopt auto-enrollment programs | December 15, 2016
Barack Obama Create a retirement savings tax credit for low incomes New retirement savings credit is a no-go | April 30, 2012
