January 13, 2025 - 11:44

Undocumented workers play a significant role in financing Social Security benefits, contributing to a system from which they are often excluded. Despite their inability to access these benefits due to their immigration status, many undocumented immigrants pay taxes that bolster the Social Security fund.
Estimates suggest that millions of undocumented workers contribute billions of dollars annually through payroll taxes, which are automatically deducted from their earnings. This financial input helps sustain the Social Security system, providing vital support for retirees and disabled individuals who are eligible for benefits.
The paradox lies in the fact that these workers do not receive the same benefits they help fund. Their contributions are often made under false Social Security numbers or through Individual Taxpayer Identification Numbers (ITINs), which allows them to fulfill tax obligations.
As discussions around immigration reform continue, the economic impact of undocumented workers remains a crucial aspect of the broader conversation about their role in society and the economy.
January 9, 2026 - 05:50
Investor Reactions to New RMBS Ratings from PennyMac Mortgage Investment TrustRecently, KBRA assigned preliminary ratings to 57 classes of mortgage-backed notes from PMT Loan Trust 2026-INV1, a prime residential mortgage-backed securities (RMBS) offering. This initiative is...
January 8, 2026 - 21:27
Jennings Center for Older Adults Secures $14.5 Million FinancingIn a significant development for senior care, Jennings Center for Older Adults has successfully closed a financing deal worth $14,565,000. This funding is part of a Series financing initiative...
January 8, 2026 - 06:22
David H. Kaufman Joins Blank Rome as Senior Counsel in Finance and DerivativesDavid H. Kaufman has joined the New York office of Blank Rome as senior counsel, enhancing the firm`s finance, restructuring, and bankruptcy group. With a wealth of experience in finance and...
January 7, 2026 - 18:07
Potential Adjustments to Financial Stock HoldingsEvery weekday, the Investing Club releases the Homestretch, an actionable afternoon update just in time for the last hour of trading. Recently, there has been discussion about the possibility of...