Social Security announces cost-of-living increase for 2027
The 2027 cost-of-living adjustment is the largest since 2023. Here's how it will impact the typical benefit check starting early next year.
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The 2027 cost-of-living adjustment is the largest since 2023. Here's how it will impact the typical benefit check starting early next year.
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.
Lawmakers claim Commissioner Frank Bisignano used an agency email to exaggerate tax savings under the Republicans' OBBBA while inserting partisan political messaging.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
As Social Security celebrates its 90th anniversary, concerns are growing over its funding and recent staffing cuts.
One advocacy group estimates that Social Security recipients will get a 2.7% cost-of-living increase in 2026.
President Trump pushed to eliminate taxes on Social Security. Does his "one big, beautiful bill" deliver?
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.
The comprehensive baby names list in the U.S. is issued annually by the Social Security Administration.
The Social Security Administration said it will now seek to recoup less money from beneficiaries. Advocates say the revised policy is still burdensome.
In recent weeks, Social Security has been plagued by problems related to technology, system errors, and even the marking of living people as dead.
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
The move by the Social Security Administration essentially cancels an immigrant's Social Security number and classifies them as dead.
The average wait time for Social Security calls has doubled in the last six months to 104 minutes.
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
The agency said it has so far sent retroactive benefits to more than 1 million people due to the Social Security Fairness Act.
Acting Social Security commissioner Lee Dudek is facing questions from Sen. Elizabeth Warren over his reported actions.
