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.
Spotty showers and thunderstorms will develop around midday and continue through the afternoon hours.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
Tyler Phillips allowed two hits in five innings to get his first win of the season and lead the Miami Marlins to a 2-0 victory against the Arizona Diamondbacks.
The crash was reported near Griffin Road and Interstate 595.
Iran says a deal with the U.S. is not finalized, and Trump says points laid out by Iranian state media are not "the terms that were agreed to."
George Pino is facing manslaughter and vessel homicide charges after the boat crash near Boca Chita Key in Biscayne Bay in 2022.
Spotty showers and thunderstorms will develop around midday and continue through the afternoon hours.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
Tyler Phillips allowed two hits in five innings to get his first win of the season and lead the Miami Marlins to a 2-0 victory against the Arizona Diamondbacks.
The crash was reported near Griffin Road and Interstate 595.
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.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
Florida Attorney General James Uthmeier reported a net worth of $1.27 million in a newly filed financial disclosure, showing an increase from last year.
Cuba's top diplomat to the United States says recent sanctions targeting the island's leadership and the indictment of former President Raúl Castro are a "pretext" for the Trump administration to persuade the American people to support a U.S. military intervention in Cuba.
A new analysis warns a proposed FEMA overhaul by a Trump-appointed panel would limit access to disaster aid for survivors, shifting the burden to state and local agencies amid hurricane season.
Florida House Speaker Danny Perez denied claims his nomination as U.S. ambassador to Brazil was tied to Florida's recent redistricting effort.
Moskowitz provided CBS News Miami with copies of virulent, antisemitic voicemails his office has received.
Critics argue his plan will decimate cities, counties, and local school districts.
Enrique Tarrio said since President Trump announced the formation of the fund, he has been inundated with calls from others convicted for January 6 related activities.
Commissioners voted to allow the review, saying if that was the only way to move the project - designed to help people with mental illnesses caught in the criminal justice system - then so be it.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
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.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges related to a sports gambling sting.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.