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.
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.
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.
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.
U.S. lawmakers reached a last-minute deal to avoid a government shutdown Saturday. If one had occurred, however, here's how that could have affected Social Security recipients.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Retirement program's reserves are slated to be depleted in 2033. New analysis says senior poverty could surge as a result.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Benefit checks, adjusted each year for inflation, could see their smallest increase since 2020, a senior citizen's group says.
Divorced people can often collect benefits under the federal retirement program based on their ex-spouse's work history.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
At the 2024 National Goaltending Camp held at USA Hockey Arena in Plymouth, six of the 24 goalies participating call Michigan home.
The Detroit City Football Club announced it will have a soccer-specific stadium in Detroit. Fans and city officials said they are excited about the new plan.
Police arrested a man on Friday after finding his 73-year-old grandmother buried in a shallow grave outside of a home in Ypsilanti Township.
The U.S. Court of Appeals for the Sixth Circuit denied an appeal from attorneys challenging Michigan's 2020 election results and barred the attorneys from filing further complaints unless approved by the court.
Crime Stoppers of Michigan is offering a $7,500 cash reward for information leading to an arrest in the deaths of 20-year-old Daiatrick Johnson-Tinch and 26-year-old Zaire Williams.
At the 2024 National Goaltending Camp held at USA Hockey Arena in Plymouth, six of the 24 goalies participating call Michigan home.
After a huge win to start the season on the road against Flint City AFC last Saturday, Detroit City FC is set for a rematch against last year's Great Lakes Division champions in the club's 2024 USL W League home opener on Saturday, May 18 in a 7 p.m. kickoff at Keyworth Stadium.
The Detroit City Football Club announced it will have a soccer-specific stadium in Detroit. Fans and city officials said they are excited about the new plan.
An Air Quality Advisory will go into effect on Saturday due to elevated ozone levels. The advisory is in effect for Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw and Wayne counties.
Police arrested a man on Friday after finding his 73-year-old grandmother buried in a shallow grave outside of a home in Ypsilanti Township.
The CEO of the Ram and Dodge brands and the unofficial voice of American muscle cars is retiring from Stellantis after nearly 32 years.
Anyone who has gotten behind a wheel knows that feeling of being stuck at a red light, researchers are working on ways to reduce those instances. One of the ways is through changing traffic signals.
United Auto Workers union members at Stellantis' Warren Stamping Plant voted on Monday to authorize a strike over health and safety concerns.
Members of UAW Local 869 are scheduled to vote on May 6 over safety concerns at the plant.
Technology originally developed for homeland security is now available in Michigan to inspect every inch of your car. Developers say UVeye is like getting an MRI for your vehicle.
Jim Parsons and Mayim Bialik are reprising their roles from "Big Bang Theory" in part one of the "Young Sheldon" series finale.
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points and 10 turnovers as the Indiana Fever fell to the Connecticut Sun 92-71.
Actor Steve Buscemi appeared to be looking at his phone moments before he was randomly punched in New York City, exclusive video obtained by CBS New York shows.
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
Prince Harry and Meghan are in Nigeria for a 3-day tour at the invitation of the African nation's military.
Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.
David DePape, convicted of trying to kidnap Pelosi and attacking her husband with a hammer in October 2022, was sentenced Friday to 30 years in prison.
Employees of the German luxury car maker reject membership in the United Auto Workers after a contentious campaign.
North Carolina Republicans are pushing forward with their plan to repeal a pandemic-era law, citing crime and recent campus protests.
Susann Sills had posted a topless photo in a political chatroom that enraged her husband, Dr. Eric Scott Sills, according to prosecutors.
North Carolina Republicans are pushing forward with their plan to repeal a pandemic-era law, citing crime and recent campus protests.
Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
A Metro Detroit mother wants her 1-year-old transferred to a hospital out of state after she says she raised concerns about her daughter's care at Children's Hospital of Michigan.
At the 2024 National Goaltending Camp held at USA Hockey Arena in Plymouth, six of the 24 goalies participating call Michigan home.
The Detroit City Football Club announced it will have a soccer-specific stadium in Detroit. Fans and city officials said they are excited about the new plan.
After a huge win to start the season on the road against Flint City AFC last Saturday, Detroit City FC is set for a rematch against last year's Great Lakes Division champions in the club's 2024 USL W League home opener on Saturday, May 18 in a 7 p.m. kickoff at Keyworth Stadium.
Footage showed top-ranked golfer Scottie Scheffler handcuffed and walking toward a police car in the morning darkness. He later teed off at the PGA Championship.
The university's Board of Regents approved a Class C liquor license on May 16. Sales will begin on Aug. 31, according to a news release.
Bud Denker, chairman of the Detroit Grand Prix, appears and talks about the upcoming race later this month, which will mark its second year on the streets of downtown Detroit.
The winner of the Republican and Democratic August primaries will face off in the general election.
The roundtable discusses mobility and the importance of marque events like the 2024 NFL Draft, the Detroit Auto Show and more.
By the time this presidential race is over, Biden, Trump and their entourages may not need Michigan driver's licenses, but they'll know their way around and where the orange barrel construction zones are enough to void them on their way to campaign events.
The Motor City is putting the final touches in place for the 2024 NFL Draft as it rolls into Detroit next week.
At the 2024 National Goaltending Camp held at USA Hockey Arena in Plymouth, six of the 24 goalies participating call Michigan home.
Air quality alerts have been issued for today. Meteorologist Kylee Miller has the forecast. CBSDetroit.com/weather.
The Detroit City Football Club announced it will have a soccer-specific stadium in Detroit. Fans and city officials said they are excited about the new plan.
May is Skin Cancer Awareness Month and Drs. Jessica Kado and Rachel Kado joined CBS News Detroit discussed the risk of melanoma among firefighters.
Some travelers may be in for a surprise from their loved ones at Detroit Metro Airport, where people without boarding passes can now go through TSA checkpoints.