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.
Millions of seniors are getting $90 direct deposits from Social Security this week, prompting questions about the source of the money.
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
Millions of Generation X Americans expect to depend on Social Security as their main — or only — source of retirement income.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
Faster income growth for top U.S. earners has eroded Social Security's tax base, fueling calls to raise or eliminate the payroll tax cap.
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
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 full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can collect 100% of their benefits.
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.
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.
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
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 agency said it's reversing a decision to cut phone services for identity verification after a backlash from seniors.
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
The Social Security Administration said it will restart a policy that had caused financial distress for some beneficiaries.
