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.
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."
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.
The agency said it will be an annual cost-of-living adjustment of 3.2%.
Retirees' monthly payments will rise by $59 to an estimated average of $1,907, starting in January
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.
Many seniors have expressed concerns about possibly losing their monthly payment
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.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
The most recent inflation data could impact everything from your mortgage to Social Security benefits.
"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.
Revised proposal calls for exceptions for Social Security, Medicare, national security, and veterans' benefits
Revised proposal calls for exceptions for Social Security, Medicare, national security, and veterans' benefits
During a trip to Tampa on Thursday, President Joe Biden said he's simply not ready to decide whether to run for reelection, even as he dismissed polls showing a majority of Democrats want another candidate in 2024.
President Joe Biden wants to drive a wedge between GOP lawmakers and their base of older voters who rely on these government programs
Biden wants to drive a wedge between GOP lawmakers and their base of older voters who rely on these government programs
After leading officers on a chase, she tried fleeing police by jumping into a nearby waterway and swimming away.
Historians say she along with Julia Tuttle was instrumental in the development of Miami
Evan Polinski will face charges including the attempted murder of a law enforcement officer, reckless driving and DUI. He also said it is possible that more charges will be filed.
It is going to be a cool Mother's Day for Denise Green, who for the past five years has been living with a broken air conditioning unit, but now that is all about to change.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
After leading officers on a chase, she tried fleeing police by jumping into a nearby waterway and swimming away.
Historians say she along with Julia Tuttle was instrumental in the development of Miami
The show takes to the sky May 11th and 12th off Fort Lauderdale Beach
Evan Polinski will face charges including the attempted murder of a law enforcement officer, reckless driving and DUI. He also said it is possible that more charges will be filed.
It is going to be a cool Mother's Day for Denise Green, who for the past five years has been living with a broken air conditioning unit, but now that is all about to change.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
It's Back-To-School and that also means back to the lunch room, as breakfast and lunch are free to all Miami-Dade public school students again this year.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
Hunter Biden was indicted on federal gun charges in September and pleaded not guilty.
U.S. News & World Report pointed to controversies about policies put in place by DeSantis, Republican lawmakers
The Florida Citrus Commission on Thursday will be asked to approve a $225,000 contract with Visit Florida about the welcome center refreshment, a reduction of $25,000 from the past
Democrats running for office are using abortion rollbacks to galvanize voters, with abortion rights ballot initiatives amplifying their lines of attack.
Lauren Pastrana and her guest discuss the options currently being discussed, possible solutions and how all this might impact students, their teachers and their parents.
Lauren Pastrana does a deep dive with perspective from leaders of local Jewish and Muslim groups for their take and perspective on the protests, the fallout and the fear and threats they are creating.
Jim DeFede catches up with State Senator Lauren Book to talk about the looming six-week abortion ban while she is making her annual walk across Florida to bring attention to child sexual exploitation.
CBS News Miami's Jim DeFede devotes the bulk of this week's program to Florida's six-week abortion ban, which takes effect in a few days.
Jim DeFede talks to former state senator Jeff Brandes, who runs the Florida Policy Project, which has been exploring solutions that include the role of vouchers and something called "upzoning."
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Actress Halle Berry joined with a group of bipartisan senators on Thursday to announce new legislation to promote menopause research, training and education.
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
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There are two sales tax holidays for hurricane supplies
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
The company will keep its name and headquarters in Pittsburgh, but the United Steelworkers union voiced opposition to the deal.
For customers of SmileDirectClub, they were greeted with a message that they had shut down when logging on to its website.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
The Grammy Award-winning and multi-platinum music producer made a special appearance at the North Miami Beach Small Business Summit and Expo on Wednesday to receive the honor.
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
Kendrick Lamar and Drake have each released several ruthless diss tracks aimed at each other, with some disturbing accusations.
'Bob Hearts Abishola', the acclaimed comedy, is signing off after its fifth season on CBS.