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.
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
Social Security is back in the headlines because of concerns about long-term funding. But don't let scary headlines drive your claiming decision, according to Dustin Smith from Wealth Enhancement Group.
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.
Social Security's full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can collect 100% of their benefits.
Should you take benefits early at 62, wait for full retirement, or hold off until 70 to maximize the payout? That's the question wealth advisor Brian Muller hears every day. He's the founder of Momentous Wealth Advisors.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Financial pros recommend waiting as long as possible to claim your Social Security benefits. Most Americans say they're ignoring that advice.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
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.
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
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.
Dustin Smith, from Wealth Enhancement Group, says there are five basic facts you need to know about Social Security. Among them is that Social Security can be taxed.
The move by the Social Security Administration essentially cancels an immigrant's Social Security number and classifies them as dead.
Republicans at the Minnesota Legislature say they want to save you money by cutting the budget and returning surpluses.
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
Dustin Smith from Wealth Enhancement Group shares about claiming social security.
A 54-year-old woman has been charged with fraud for impersonating her mother and collecting hundreds of thousands of dollars in Social Security benefits for more than 25 years.
The Social Security Fairness Act is expected to be signed Monday, according to advocates for police and firefighters.
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.
