The average retiree receives $1,975 a month in Social Security benefits. Waiting until age 70 to collect Social Security could nearly double the benefits someone receives compared to claiming at 62.

The Social Security Administration says millions of retired teachers, firefighters, police officers and others with public pensions may have to wait up to a year or longer to reap the benefits of ...

Ah, the question everyone loves to debate. It's true that Social Security will soon start paying out more benefits than it receives in contributions, as the bulk of the baby-boom generation phases ...

All financial plans are important, but Social Security benefits play a profound role in preventing elderly poverty and are paid out at an important stage in a person’s life. With that in mind ...

Claiming Social Security at 62 gives you more checks, but it may reduce your lifetime benefit. Delaying Social Security beyond full retirement age (FRA) increases monthly checks and often total ...

A popular pastime among Americans of a certain age is to wage an internal debate about when to claim Social Security: At age 62? Sixty-five? Seventy? In purely monetary terms, as it turns out ...

As an American taxpayer, you’ve likely heard about Social Security your entire working life, and perhaps even bemoaned the amount of taxes that are subtracted from your paycheck. However ...

Getting a handle on the average Social Security check by age can help you fine-tune your retirement. As of January, about 54 million retired workers and family members received monthly benefits ...

Social Security is usually associated with monthly payments to retirees. However, there is another important facet of Social Security benefits. They can provide financial assistance to children.

Advocates worry mistakes could affect vulnerable older Americans. The Department of Government Efficiency is sifting through $1.6 trillion worth of Social Security payments -- records that include ...

The last Social Security payment for March will be on its way in just a couple of days. When you receive your check depends on a couple of different factors that we'll break down below.

For 60 Minutes, correspondent Anderson Cooper reported on what happens when Social Security overpays people who receive benefits. Beneficiaries may find out years later that they owe tens of ...