As Social Security faces a looming solvency challenge, one proposal would boost its fortunes by making all wages over $400,000 subject to the payroll tax. A new survey suggests this “donut hole ...

It's been decades since the Social Security program had major reforms. In 1984, 90 percent of Americans' earnings were set below the taxable maximum, but income has raced far beyond what the top ...

Social Security Proposal Could Boost Income for Thousands Published Jan 16, 2024 at 12:04 PM EST Updated Jan 16, 2024 at 1:21 PM EST By Aliss Higham ...

The Social Security Administration has cut 7,000 jobs, or 12% of its workforce, which was already at a 50-year low. The agency's regional offices were cut to four from 10.

Senators Bill Cassidy and Tim Kaine published an opinion piece in The Washington Post on Tuesday describing a proposal they say could save Social Security. The senators proposed creating an ...

Social Security’s cost-of-living adjustment could face changes under new proposals in Congress that aim to make it more reflective of the everyday costs incurred by older adults. U.S. Rep. Ruben ...

Social Security’s new budget proposal is unchanged from last year — why some say that’s actually a cut The agency’s fixed costs go up by $600 million every year By Jessica Hall ...