The Social Security Administration faces a funding crisis. Trustees say the projected shortfall in retirement benefits has risen to $25.1 trillion through 2099, up from $22.6 trillion a year ago.

The Social Security Trustees just moved up the timeline for the program's trust fund depletion date. Benefit cuts could now be on the table within a decade. Lawmakers have managed to prevent ...

While Social Security is in no danger of insolvency, its existing payout schedule, including annual cost-of-living adjustments (COLAs), is at risk of being cut in the near future.

The trust funds that help pay Social Security benefits to millions of Americans are due to run out of money in less than a decade. In an annual report released on Wednesday, trustees of the Social ...

Social Security covers 32.2% of the pre-tax dollars you’d need to cover that spending, which total $68,176. (For the remaining cities on this list, we will skip the wonky “pre-tax” figure.

The Social Security Board of Trustees said last week that the program’s combined trust funds will run out of money in 2034 — one year earlier than was projected in 2024.

According to the worksheet, $3,000 of the Social Security benefits would be taxable. Add that to the $19,000 in pension and interest income and the taxpayer has $22,000 in adjusted gross income.

Other changes to Social Security in 2025 include a smaller cost-of-living adjustment (2.5%, down from 3.4%), an increase in the maximum taxable earnings limit from $168,000 to $176,100, and ...

Ida Mae Fuller got the first Social Security check in 1940. Now, 85 years later, the last beneficiaries to receive paper Social Security checks will get theirs in the mail in September.

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on Social Security benefits for most beneficiaries”—but that’s not ...

If you happened to have been overpaid by the Social Security Administration (SSA), your check may soon be a bit smaller this month. See payment schedule.

Social Security is an important source of income for millions of retirees. However the program has a lot of ins and outs, and even longtime beneficiaries may not know them all.