New bill would lower Social Security retirement age for some workers
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
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Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
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.
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.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
Charles Borges filed a whistleblower complaint alleging DOGE employees uploaded a copy of all U.S. Social Security info to a "vulnerable cloud environment."
As Social Security celebrates its 90th anniversary, concerns are growing over its funding and recent staffing cuts.
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
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 policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
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.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Social Security recipients will start getting a bigger monthly benefit next month due to an 8.7% annual cost-of-living adjustment to help deal with high inflation.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
People can now change their sex marker on their Social Security number record without sex designation documentation.
Each year, seniors and others on Social Security receive a cost-of-living adjustment. Next year, they'll see an 8.7% hike.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Annual cost-of-living bump could be biggest since 1981, but may be smaller than many had hoped amid stubbornly high inflation.
Consumer prices are cooling but remain near 40-year highs, leading experts to predict a big benefits bump in January.