Social Security could run dry earlier than expected, analysis finds
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
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The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
Social Security's full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can collect 100% of their benefits.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
The Social Security Administration on Friday announced a 2.8% cost-of-living adjustment, or COLA increase, for 2026.
There's a 2.8% increase coming for Social Security recipients.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
Dual-income couples could see $18,000 less per year if they retire in 2033 compared to retiring now, according to a new report from the committee for a responsible federal budget.
Dual-income couples could see $18,000 less per year if they retire in 2033, compared to retiring now.
A survivor of a shooting in Chicago says she is now on the verge of homelessness as she's been denied financial assistance from city and federal programs.
The U.S. Senate is set to debate the Republican budget bill that includes massive cuts to Medicaid and tax breaks for the rich later this week. It is unclear if the Iran bombings will change those plans.
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
The new head of the Social Security Administration said he plans to use technology to keep the agency working as he defended job cuts and field office closures.
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
More than 72 million Americans get Social Security benefits and will be impacted by upcoming changes, including paying back overpayments. And Trump's new budget does not include tax cuts for Social Security recipients.
While the Trump administration so far has not cut Social Security payments, the program has been a frequent target of criticism by Elon Musk and the Department of Government Efficiency, and the House Republicans are eyeing Medicaid cuts to balance their budget.
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Illinois Governor JB Pritzker, Lt. Gov. Juliana Stratton and U.S. Rep. Lauren Underwood are in Romeoville Thursday to discuss attacks by the Trump Administration on Social Security.
Illinois Governor JB Pritzker is in Romeoville Thursday to discuss attacks by the Trump Administration on Social Security.
The Social Security Administration said it will restart a policy that had caused financial distress for some beneficiaries.
The Social Security Fairness Act is expected to be signed Monday, according to advocates for police and firefighters.
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.
A quirk of the calendar means millions of Social Security recipients won't receive checks this month.
Lawsuit claims hackers accessed "billions" of records, including Social Security numbers, by breaching background check company.
Kyle Schwarber homered twice and drove in three runs, Cristopher Sánchez pitched six strong innings and the Philadelphia Phillies defeated the Chicago Cubs 13-7.
Some parents in southwest suburban Oswego are fired up, saying the school district invited all non-white students to participate in summer remedial programming, regardless of how they're doing in school.
The Brighton Park Neighborhood Council hopes to fully move into the new space in June.
After adding some veterans over the weekend, the Chicago Sky will add a few more pieces from the college ranks in Monday night's WNBA Draft.
The back and forth between President Trump and Pope Leo XIV continues to make waves, as the president has lashed out at the pope's criticism of his administration.
The back and forth between President Trump and Pope Leo XIV continues to make waves, as the president has lashed out at the pope's criticism of his administration.
After a one-month delay, the City Council is moving forward with plans to increase taxi fares in Chicago for the first time since 2016.
The image was deleted from President Trump's Truth Social account, but the president said it depicted him as a "doctor, making people better."
A federal judge in Miami handed President Trump a defeat in his defamation lawsuit against the Wall Street Journal over a story about a birthday book for Jeffrey Epstein.
Lawmakers are returning to Washington to face major developments in the war with Iran, a lingering DHS shutdown and possible expulsion votes for some of their own members.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Skyrocketing property taxes continue to be a hot-button issue in Cook County — particularly since last fall, when many residents saw their tax bills increase by 100% or more.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
The Centers for Disease Control and Prevention says more than 80% of deaths related to pregnancy are preventable, and Black women are three times more likely to die from pregnancy-related causes than white women.
The United States has long struggled with understanding and finding ways to help treat mental illness. A new documentary, which is screening Saturday in Chicago, examines the reality of living with mental illness in America.
Allergy season is here, and the dreaded pollen can trigger sneezing, congestion, wheezing, and shortness of breath.
Northwestern Medicine and the American Red Cross teamed up for a community blood drive in Chicago on Monday morning.
Ending domestic violence is the goal of groups and advocates all over the world, and some experts in Chicago say it is time to become less reactive and more proactive when it comes to the people causing harm.
A new restaurant has joined the busy stretch of Halsted Street toward the south end of Chicago's Lincoln Park neighborhood that is also home to Alinea and Boka.
The federal government is suing Illinois, Connecticut and Arizona over efforts to regulate prediction market operators such as Kalshi and Polymarket.
The owners of the popular Uncommon Ground restaurant, live music venue, and brewery in Chicago's Wrigleyville community announced this week that they're looking for a successor to take over the business.
Chicago consistently ranks in the top three cities in Fortune 500 company headquarters, and now a competition has been launched to build on Chicago's power in business.
The flagship Ann Sather restaurant on Belmont Avenue in Chicago's Lakeview community will be moving later this year, a restaurant representative said Tuesday.
The United States has long struggled with understanding and finding ways to help treat mental illness. A new documentary, which is screening Saturday in Chicago, examines the reality of living with mental illness in America.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Mozart's "Don Giovanni," the local premiere of the 2022 opera "Omar," and a fresh production of "Guys and Dolls" are among the highlights of the 2026-2027 season for Chicago's Lyric Opera.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
According to a poll commissioned by the Illinois Clean Jobs Coalition, 68% of Illinois voters support data center regulations.
Some parents in southwest suburban Oswego are fired up, saying the school district invited all non-white students to participate in summer remedial programming, regardless of how they're doing in school.
The Brighton Park Neighborhood Council says the center will be a one-stop shop for people in Brighton Park, where they can get legal help, housing counseling, youth mentorship, and more.
U.S. Rep. Eric Swalwell (D-California) says he will resign from Congress after a series of sexual misconduct allegations.
The back and forth between President Trump and Chicago-born Pope Leo XIV continues to make waves, as the president has lashed out at the pope's criticism of immigration raids in the U.S. and the war in Iran, while the pontiff has said he has "no fear" of the Trump administration.
This first round covers about 120 homes, replacing their pipes along 48th Court, from 16th Street to Roosevelt Road.
Thunderstorms rumbled through the Chicago area Thursday afternoon amid unseasonably warm and humid weather.
Some parents in southwest suburban Oswego are fired up, saying the school district invited all non-white students to participate in summer remedial programming, regardless of how they're doing in school.
The back and forth between President Trump and Pope Leo XIV continues to make waves, as the president has lashed out at the pope's criticism of his administration.
A 10-year-old boy died and a disabled teen is in critical condition after a fire in Washington Heights Monday morning.
Some parents in southwest suburban Oswego are fired up, saying the school district invited all non-white students to participate in summer remedial programming, regardless of how they're doing in school.
New proposed Illinois legislation would allow renters or people who can't install massive rooftop panels to also harness the power of the sun.
When a rusty light pole snapped and fell on a woman's car in Bucktown, causing thousands of dollars in damage, she thought the city would pay for it. She was wrong.
Financial exploitation is the leading type of elder abuse in Illinois. One Streamwood woman learned that personally, when her brother took hundreds of thousands of dollars from their parents' financial accounts.
One year after a teenage girl was shot outside her home in Country Club Hills, Illinois, and was told she would never walk again, she continued to defy the odds and reclaim her independence.
Kyle Schwarber homered twice and drove in three runs, Cristopher Sánchez pitched six strong innings and the Philadelphia Phillies defeated the Chicago Cubs 13-7.
After adding some veterans over the weekend, the Chicago Sky will add a few more pieces from the college ranks in Monday night's WNBA Draft.
The Chicago White Sox have sent infielder Lenyn Sosa to the Toronto Blue Jays in exchange for minor league outfielder Jordan Rich and a player to be named later or cash considerations.
The Wildcats are led by another record-setting superstar, hoping to lead them back to the top.
Ryan Nembhard broke Dallas coach Jason Kidd's club rookie record with 23 assists after No. 1 pick Cooper Flagg's debut season ended with an ankle injury, and the Mavericks beat the Chicago Bulls 149-128 in a season finale.
Two police officers were injured over the weekend while arresting a man in a domestic disturbance in the southwest Chicago suburb of Orland Park.
Burglars struck a restaurant in the South Loop overnight Sunday night into Monday, forcing the restaurant to close for the day.
Dominic Frimpong was killed after the team's bus was attacked by a group of suspected armed robbers, officials said Monday.
Prosecutors said the victim of a deadly shooting in Chicago's Humboldt Park neighborhood back in January was the new boyfriend of the alleged shooter's ex-girlfriend.
A man was killed this weekend in a shooting in the south Chicago suburb of Oak Forest.
