Social Security's 2027 COLA could be the biggest in years
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
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New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
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.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
President Trump's decision to put some tariffs on pause may have sent the stock markets soaring, but area lawmakers say it's only a temporary reprieve.
Social Security is delaying an in-person identity verification requirement by two weeks, but critics say the plan burdens beneficiaries.
Advocates are questioning if the move is to combat fraud or scale back government employees. CBS News New York's Jennifer McLogan reports.
New law means police officers, teachers and others with public pensions will now collect their full Social Security benefits.
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Social Security Administration cited a "hardware issue" after it had to close offices and suspend personalized online services.
A quirk of the calendar means millions of Social Security recipients won't receive checks this month.
New York Rep. Ritchie Torres said his Social Security number was among those included in a massive data breach that involved billions of personal data records being leaked.
Lawsuit claims hackers accessed "billions" of records, including Social Security numbers, by breaching background check company.
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
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.
CBS News Business Analyst Jill Schlesinger joins us for a closer look at the numbers and tips for people who may be considering retirement.
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.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open. CBS New York's Jessica Moore reports.
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.
President Joe Biden and House Speaker Kevin McCarthy announced late Saturday that they had reached an agreement in principle to raise the debt ceiling. Democratic House Minority Leader Hakeem Jeffries tells "Face the Nation" that he expects his caucus to vote for the deal because it "protects" Social Security, Medicare, Medicaid, veterans and the "American people."
CBS News Business Analyst Jill Schlesinger is here to explain and share some tips to prepare.
