What to know about student loans default
The U.S. government is sending notices to borrowers who may have defaulted on student loans. CBS News' Jill Schlesinger breaks down how your wages and tax returns could be at stake.
Social Security
How the Medicare premium hike could impact your Social Security check
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
How a change to Social Security could impact retirement in 2026
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.
How could a government shutdown affect Social Security recipients?
The U.S. government shut down on Wednesday after Congress failed to approve funding for federal agencies. Here's how that could affect Social Security recipients.
Social Security sets its COLA increase for 2026 at 2.8%
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
6/23/2024: "The Capital of Free Russia;" "Our Mistake is Your Responsibility;" "Law of the Sea"
First, Putin’s courageous Russian critics speak out. Then, a look at what happens when Social Security mistakenly overpays. And, U.S. fails to ratify treaty for ocean mining.
90% of Americans plan to skip the No. 1 piece of Social Security advice
Financial pros recommend waiting as long as possible to claim your Social Security benefits. Most Americans say they're ignoring that advice.
New Social Security scam features fake U.S. Supreme Court letter
A new scam involves fake letters that appear to be from U.S. Supreme Court Chief Justice John Roberts — but it's a ploy to trick seniors, agency warns.
Government shutdown delays Social Security's cost-of-living announcement
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
Government shutdown's impacts on U.S. economy
The government shutdown could affect parts of the U.S. economy and the decisions Americans make on taxes and other financial matters. CBS News' Jill Schlesinger has more.
Social Security to shift to fully electronic payments starting Sept. 30
The Social Security Administration is transitioning to electronic payments next week after 85 years of issuing paper checks to U.S. retirees.
New home sales hit 3-year high
Data shows sales of newly-built homes have jumped to the highest level in three years. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the jump.
Social Security COLA could increase 2.7% in 2026, new estimate shows
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
As Social Security turns 90, its problems are only mounting with age
As Social Security celebrates its 90th anniversary, concerns are growing over its funding and recent staffing cuts.
Social Security 2026 cost-of-living adjustment predicted to increase 2.7%
One advocacy group estimates that Social Security recipients will get a 2.7% cost-of-living increase in 2026.
How safe is our Social Security safety net?
The Social Security Administration was already at its smallest size in 50 years when, earlier this year, Elon Musk's DOGE team eliminated another 14% of its employees. Former Social Security Administration commissioner Michael Astrue says those in the Trump administration trying to drive change don't understand the system and could put benefits at risk. Correspondent David Pogue reports. [Originally broadcast April 13, 2025.]
When Social Security mistakenly overpays
Each year, about two million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Social Security backs away from plan to eliminate paper checks
The Social Security Administration had planned to eliminate all paper checks by Sept. 30. Now the agency says it will continue issuing checks as needed.
Growing share of retirees lean heavily on Social Security, AARP says
More than three-quarters of Americans fear Social Security won't provide enough to live on when they retire, AARP study finds.
Americans are holding off on retirement over money concerns, study finds
About 23% of people over 50 want to delay their retirements over financial readiness and economic worries, a survey found.
Does the "big, beautiful bill" eliminate taxes on Social Security?
President Trump pushed to eliminate taxes on Social Security. Does his "one big, beautiful bill" deliver?
How Trump's new spending law will impact taxes
Does President Trump's new economic law really wipe away taxes on Social Security and tips? CBS News MoneyWatch correspondent Kelly O'Grady dives into the fine print.
Half of all private-sector workers lack access to a retirement plan
Tens of millions of Americans are unable to save for retirement through their jobs. "That's not a gap — it's a crisis," one expert says.
Social Security's future amid aging population
Older Americans continue to outpace working-age adults, which could negatively impact the economy and the ability to keep the Social Security checks coming. Maurice DuBois and Kelly O'Grady have more.
Trump calls off plan to livestream Fort Hood shooter's execution
Feds probing suspicious letters to election officials, lawmakers
Live
Strait of Hormuz still unsafe for ships, maritime group warns
Chats from Nolan Wells' phone show what friends said when he vanished
U.S. banks dropped customers over political views, regulator says
Trump invokes executive privilege in Kennedy Center legal fight
Cornell Greek life should end if found unsafe, school president says
Talarico announces record-breaking $64 million fundraising haul
