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If Congress does nothing, Social Security recipients may see a 24% cut in annual benefits in 2033, a new analysis shows.
Social Security beneficiaries are expected to face a 24% cut in payments by late 2032 following the enactment of President ...
Younger Americans tend to worry more about Social Security than older Americans. In the new AARP survey, 25% of people ages ...
A ‘sovereign wealth fund’ won’t fill the funding gap and may actually make the problem worse.
If you'd rather not apply online, you can call the Social Security Administration at 800-772-1213 to set up an appointment to ...
A new analysis projects steep automatic cuts to Social Security and Medicare starting in 2032, unless lawmakers act to ...
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Retired workers who have been paid too much will have 50% of their Social Security benefits withheld starting in late July. Beneficiaries who believe a mistake has been made, or else cannot afford to ...
Importantly, the average Social Security benefit tends to increase over time because of inflation and changes in average ...
With the Social Security Trust Fund projected to reach insolvency, younger workers now face the possibility of significant financial sacrifice.
To give you some context, the average person receives approximately $2,000 in benefits every month. So, a 23% cut would ...
As Social Security nears its 90th anniversary, Americans’ confidence in the future of the program has dropped. Here’s what to ...