Social Security checks could be cut by $500 a month in 2032, report finds
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.
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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.
Americans "have to change their thinking" about the government benefits program to get the most out of it, one expert says.
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.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
The Social Security Administration is transitioning to electronic payments next week after 85 years of issuing paper checks to U.S. retirees.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
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.
The Social Security Administration had planned to eliminate all paper checks by Sept. 30. Now the agency says it will continue issuing checks as needed.
About 23% of people over 50 want to delay their retirements over financial readiness and economic worries, a survey found.
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.
In recent weeks, Social Security has been plagued by problems related to technology, system errors, and even the marking of living people as dead.
Jim interviews Congresswoman Debbie Wasserman Schultz about social security concerns that exist due to moves the Trump administration and Elon Musk are making that could threaten benefits.
South Floridians face long waits for Social Security help as staffing cuts strain local offices and services.
South Floridians face long waits for Social Security help as staffing cuts strain local offices and services. CBS News Miami's Steve Maugeri has the story.
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.
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
American Airlines says a technology issue forced a ground stop, leaving passengers stranded at Miami and Fort Lauderdale airports.
Residents in a Lauderhill neighborhood woke up to damaged vehicles and stolen belongings Wednesday morning after multiple cars were burglarized.
The ruling allows homeowners at Silver Court Mobile Home Park to continue challenging the planned closure of the community and seek to remain on the property beyond the Sept. 30 deadline outlined in eviction notices.
According to the arrest report, the dispute escalated when Byrd allegedly removed a silver multi-tool from his pocket, opened a blade, and asked the victim, "Who wants to die?" while walking toward him.
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
American Airlines says a technology issue forced a ground stop, leaving passengers stranded at Miami and Fort Lauderdale airports.
Residents in a Lauderhill neighborhood woke up to damaged vehicles and stolen belongings Wednesday morning after multiple cars were burglarized.
The ruling allows homeowners at Silver Court Mobile Home Park to continue challenging the planned closure of the community and seek to remain on the property beyond the Sept. 30 deadline outlined in eviction notices.
CBS Miami is hosting a The Price Is Right contestant search at Toyota of Hollywood on Aug. 28.
According to the arrest report, the dispute escalated when Byrd allegedly removed a silver multi-tool from his pocket, opened a blade, and asked the victim, "Who wants to die?" while walking toward him.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
President Trump met with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu Tuesday.
A federal judge ordered U.S. immigration authorities to release a key witness in the fatal shooting of a Mexican homebuilder by a U.S. Immigration and Customs Enforcement officer in Houston.
President Trump is delivering a eulogy for Sen. Lindsey Graham, his one-time opponent for the presidency and later, his close ally.
Republican Sen. Rand Paul released more than a thousand pages of journal entries from Dr. Anthony Fauci, teeing up what is likely to be a contentious hearing on Wednesday.
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
As Florida attorney general, it was Moody and her office that approved the diversion of $10 million of taxpayer money to the Hope Florida Foundation
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Larkin spoke this week to CBS News Miami's Jim DeFede.
Dotie Joseph said after talking with neighbors and looking at the field, she thinks she has plenty of experience to assume the governorship.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Tenisha Warner sat down for an exclusive interview with "CBS Mornings" before a lawsuit over her late husband's estate became public, and discussed her grief and raising her daughter alone.
A lawyer says influencer brothers Andrew and Tristan Tate will fight extradition to the United Kingdom.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.