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.
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
The official 2027 COLA will be announced on Oct. 14, but some senior citizens' groups are already forecasting the benefits bump retirees can expect.
The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.
Millions of Generation X Americans expect to depend on Social Security as their main — or only — source of retirement income.
When is the best time to claim your Social Security retirement benefits? CBS News financial analyst Jill Schlesinger breaks it down. (Sponsored by AT&T Business)
Social Security's cost-of-living adjustment for 2027 is projected to be lower than previously forecast, according to new estimates.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
Lawmakers claim Commissioner Frank Bisignano used an agency email to exaggerate tax savings under the Republicans' OBBBA while inserting partisan political messaging.
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
The Promise Act would establish a legislative procedure with the goal of preserving Social Security's trust funds for the next 50 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.
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.
More than 62 million Americans receive benefits from the Old-Age and Survivors Insurance fund. But by the end of 2032, the fund will only have the resources to pay out 78% of its scheduled benefits, according to a new federal analysis. Jill Schlesinger explains.
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.
For the first time since World War II, the U.S. national debt has surpassed the size of its economy. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
Millions of Americans lack access to any type of retirement plan, hampering their ability to save for old age.
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.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.