Social Security projected to cut benefits in 2035 barring a fix
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
About 7 in 10 retirees stop working before they turned 65. For many of them, it was for reasons beyond their control.
The U.S. is reaching "peak 65," marking the largest retirement wave in American history. But the financial outlook for many is grim.
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."
The Social Security Administration said it's overhauling how it recovers benefits from people after an outcry over its policies.
Social Security Commissioner Martin O'Malley said the agency must address the "mindless" way it recovers money wrongly sent to beneficiaries.
President Biden and former President Donald Trump are shifting focus to the general election after gaining enough delegates to clinch their parties' nominations. Biden campaign senior spokesperson Kevin Munoz and Trump campaign national press secretary Karoline Leavitt join "America Decides" to discuss what they believe will be key to their victory.
The Federal Trade Commission reveals that con artists swindled consumers out of $10 billion in 2023, with over $126 million lost to Social Security scams alone.
If you're one of the millions of Americans turning 65 this year, here's what should you know about retirement — whether you intend to continue working or not.
Many Americans are approaching retirement age in 2024, with more than 11,000 turning 65 years old every day. Elizabeth O'Brien, a personal finance senior reporter with Barron's, joins CBS News with advice for those considering retirement.
CBS News interviewed economists and policy experts across the ideological spectrum to come up with questions voters should ask to evaluate presidential candidates. Jeff Stein, White House economics reporter for the Washington Post, joins to run through the list.
Some of the nation's 72 million Social Security recipients are getting a payment today — the second check this month.
Some big changes are in store for Social Security in 2024, including a top benefit approaching $5,000 a month, and higher taxes for some.
The nation's 72 million Social Security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation.
A Boston University economist says that people often don't understand the complexity of the system and the pitfalls that await them.
Social Security overpays its recipients by billions of dollars every year—and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.
First, John Eastman on the GA conspiracy case. Then, an investigation into what happens when Social Security mistakenly overpays. And, a look at Hurricane Maria’s impact on Monkey Island.
The Social Security Administration is trying to recoup billions in overpayments, telling retirees and disabled workers to pay up over miscalculated benefits.
Each year, about a million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Each year, about a million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Social Security overpays its recipients by billions of dollars every year—and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.
The nation's system of Social Security and private savings leaves Americans less secure in retirement than residents of many other nations, a new study finds.
The Social Security Administration said its 2024 cost-of-living adjustment will be 3.2%, a much smaller bump than the 8.7% increase seniors and other beneficiaries received this year. Mark Miller, a contributor to The New York Times, joined CBS News to discuss the adjustment.
With Social Security's annual cost-of-living adjustment less than half of the 2023 boost, seniors are at risk of losing ground, experts say.
According to a new survey from YouGov for Bankrate, 56% of Americans feel they are falling behind on saving up for their post-work lives.
The president says he's "made it clear" to Israelis that "they're not going to get our support" if they attack Rafah's population centers.
Stormy Daniels' rapid-fire and sensational testimony in Donald Trump's criminal trial is set to continue for a second day Thursday.
Greene's move marked a reversal from a day earlier, when the Georgia Republican appeared to retreat from her threat to trigger a vote to remove Johnson as speaker.
Former Spirit AeroSystems worker Santiago Paredes was responsible for checking 737 Max fuselages before they were shipped to Boeing.
Wednesday's deadly weather comes after a series of deadly and powerful tornadoes struck the Midwest on Monday and Tuesday.
The judge overseeing former President Donald Trump's "hush money" trial gave Trump permission to attend Barron Trump's high school graduation later this month.
Democrats running for office are using abortion rollbacks to galvanize voters, with abortion rights ballot initiatives amplifying their lines of attack.
Justice Department accuses Hyundai Capital America of failing to obtain court orders before repossessing service members' cars.
Florida sheriff deputies burst into the wrong apartment and fatally shot Senior Airman Roger Fortson, Civil rights attorney Ben Crump said.
Stormy Daniels' rapid-fire and sensational testimony in Donald Trump's criminal trial is set to continue for a second day Thursday.
Democrats running for office are using abortion rollbacks to galvanize voters, with abortion rights ballot initiatives amplifying their lines of attack.
The judge overseeing former President Donald Trump's "hush money" trial gave Trump permission to attend Barron Trump's high school graduation later this month.
Wednesday's deadly weather comes after a series of deadly and powerful tornadoes struck the Midwest on Monday and Tuesday.
A sting, part of "Operation MetaPhile," led to the arrests of two men at the same New Mexico motel Tuesday.
Justice Department accuses Hyundai Capital America of failing to obtain court orders before repossessing service members' cars.
The median U.S. rent now hovers around $2,000 a month, consuming a growing chunk of people's paychecks.
Regional grocery chains separately recall cheese spreads sold across the Midwest because they may be tainted with bacteria.
If it feels like everyone in New York City is richer than you, it's because they probably are.
The cost to buy a home is historically high, but Congress and the administration can do much more, experts say.
Stormy Daniels' rapid-fire and sensational testimony in Donald Trump's criminal trial is set to continue for a second day Thursday.
Democrats running for office are using abortion rollbacks to galvanize voters, with abortion rights ballot initiatives amplifying their lines of attack.
The judge overseeing former President Donald Trump's "hush money" trial gave Trump permission to attend Barron Trump's high school graduation later this month.
Greene's move marked a reversal from a day earlier, when the Georgia Republican appeared to retreat from her threat to trigger a vote to remove Johnson as speaker.
The Biden administration is planning to announce a new regulation designed to allow immigration officials to deport migrants ineligible for U.S. asylum earlier in the process.
Almost 650,000 people aged 18 to 64 died of a drug overdose from 2011 to 2021, researchers found.
Regional grocery chains separately recall cheese spreads sold across the Midwest because they may be tainted with bacteria.
The American Cancer Society is trying to find out why Black women have the highest death rate for most cancers.
The trend of teens and tweens obsessing over skin care is "at its max," one dermatologist says.
According to a new study, "vehicles are likely important sources of human exposure to potentially harmful" flame retardants.
Rescue work was turning into a victim recovery effort after an apartment building collapsed in South Africa, trapping dozens of construction workers.
Four flight attendants who worked at major international airlines and flew from the U.S. to the Dominican Republic were charged for allegedly smuggling drug money.
Prince Harry, the Duke of Sussex, is marking the 10th anniversary of the Invictus Games but his spokesman said he will not meet with his father, King Charles III.
The Olympic flame arrived in France aboard a 19th century tall ship to kick off a 7,500-mile journey to the Paris Summer Games.
Nearly 400 municipalities have been affected by the worst natural calamity ever to hit the state of Rio Grande do Sul in Brazil.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
"Grotesquerie" star Niecy Nash took to social media to show off her new co-worker, Travis Kelce, on the new horror-drama TV series by "American Horror Story" creator Ryan Murphy.
Brian Fox, a fellow producer and engineer at Albini's Electrical Audio studio in Chicago, confirmed Albini passed away Tuesday night from a heart attack.
As part of AAPI month, "CBS Mornings" partnered with the organization Gold House to celebrate its A 100 list, which recognizes this year's most impactful Asian-Pacific leaders. One of the honorees is actor Hoa Xuande. You may recognize him for his lead role in the HBO show "The Sympathizer." He stars alongside Sandra Oh and Robert Downey Jr. Jo Ling Kent met the rising star, whose unlikely Hollywood journey shows no signs of stopping.
Billboard's Carl Lamarre joins "CBS Mornings" to discuss the heated feud between hip-hop artists Drake and Kendrick Lamar.
A new Microsoft report shows that 75% of workers now use artificial intelligence at their jobs. Jared Spataro, Microsoft's corporate vice president of AI at work, joins CBS News to discuss how the technology is changing workplaces.
Artificial intelligence has revolutionized how millions work and the same is true for militaries worldwide. Autonomous weapons systems are already on the battlefield in Ukraine and Gaza. Dr. C. Anthony Pfaff, research professor at U.S. Army War College, joins CBS News to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Santiago Paredes spent a decade doing final inspections on 737 fuselages for Spirit AeroSystems, one of Boeing's largest suppliers. He says he filed an ethics complaint when his managers asked him to speed up inspections about where he was finding issues, and when he was ignored, he eventually resigned. He spoke exclusively to Kris Van Cleave.
Jordyn Zimmerman is autistic and nonspeaking at 29, but she's still making her voice heard.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
Boeing's Starliner was set to make its maiden voyage to the International Space Station, with its first piloted launch Monday night. But the launch, already pushed back following years of delays, was scrubbed with less than two hours to go before liftoff. Mark Strassmanm reports.
Reported sightings of giant, toxic, invasive hammerhead flatworms are on the rise in parts of southeastern Canada. Experts say the worms can grow up to 3 feet long and pose a risk to children, pets and other small animals. Peter Ducey, PH.D. and distinguished teaching professor at SUNY Cortland, joins CBS News to discuss the worm.
When NASA added a tiny four-pound helicopter as a stowaway to its Mars 2020 lander, it expected the helicopter to fly five very brief flights in the thin Martian atmosphere. Yet, Ingenuity would far surpass all expectations.
Campus police discovered an assault rifle registered to the student, as well as several high-capacity magazines, ammunition and "hand-drawn images in a journal depicting a violent act."
A sting, part of "Operation MetaPhile," led to the arrests of two men at the same New Mexico motel Tuesday.
Florida sheriff deputies burst into the wrong apartment and fatally shot Senior Airman Roger Fortson, Civil rights attorney Ben Crump said.
Four flight attendants who worked at major international airlines and flew from the U.S. to the Dominican Republic were charged for allegedly smuggling drug money.
A man was convicted in the 2001 murder of Amanda Gonzales, a U.S. Army soldier who was 19 at the time of her death.
The so-called super Earth — known as 55 Cancri e — is among the few rocky planets outside our solar system with a significant atmosphere.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
United Launch Alliance decided to replace a suspect valve in the Atlas 5 rocket's upper stage, delaying launch to late next week.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
Boeing's Starliner space capsule is set for a historic launch Monday night. CBS News space consultant Bill Harwood looks at the long-awaited mission into orbit, and what it could mean for the future of space travel.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
The Biden administration says it paused a shipment of bombs to Israel last week because of concerns that the Israeli military could use them in Rafah where more than one million civilians are sheltering. CBS News national security correspondent David Martin has the details.
The Biden campaign continued its focus on abortion rights Wednesday, with Vice President Kamala Harris speaking on the issue near Philadelphia. The stop comes as CBS News polling finds the presidential race is neck to neck in the Keystone State. Pennsylvania State Rep. Malcolm Kenyatta, Biden campaign adviser, joins CBS News' "America Decides" to discuss.
Seventeen states in the U.S. now ban abortions after six weeks of pregnancy or sooner, with some exceptions. Elizabeth Dias, national religion correspondent for The New York Times, joins "America Decides" to explain the history of six-week abortion bans and their increasing visibility.
The leaders of three large public school districts faced questions Wednesday from a House panel about antisemitism. They denied allegations they let the incidents run rampant at their schools. CBS News congressional correspondent Nikole Killion has details on the hearing.
A new Microsoft report shows that 75% of workers now use artificial intelligence at their jobs. Jared Spataro, Microsoft's corporate vice president of AI at work, joins CBS News to discuss how the technology is changing workplaces.