The Social Security tax, levied on both employers and employees, funds Social Security and is collected in the form of a payroll tax or a self-employment tax.

Government publishes consultations on revised Decent Homes Standard and minimum energy efficiency standards in social housing ...

The Social Security Administration has debunked this repeatedly. According to Social Security’s own inspector general, over ...

Here's a Social Security simple definition: "To better understand Social Security, it may be helpful to know that the official name is the Old Age, Survivors, and Disability Insurance ...

If you claim the benefit after 67, the check gets larger at a rate of 8% per year. The total Social Security “bonus,” between ages 62 and 70, boosts the monthly payment by about 76%, according ...

Social Security faces a shortfall because the program spends more than it takes in. In 2024, the OASI Trust Fund cost $1,327 billion to administer, but income totaled only $1,224 billion, a ...

The House bill modifies the government’s definition of taxable income, allowing a “bonus” deduction of up to $4,000 for single filers 65 and older. The change would apply for the 2025 to ...

Does Social Security increase the national debt? It depends on how you define “debt.” The program pays $1.5 trillion a year and aids 70 million Americans.

House witness Dan Turner defends his characterization of Social Security as a 'Ponzi scheme' after a challenge by Rep. Robert Garcia during an oversight hearing.

Democrats have cited several concerning actions taken by the Trump administration with regard to the Social Security Administration. In late February, the SSA announced it would cut 7,000 jobs ...

The Social Security Administration (SSA) has laid out plans to slash about 12% of its overall workforce, or 7,000 jobs.. Rich Couture, a spokesman for AFGE SSA's General Committee, says more than ...

In 1983, with Social Security's asset reserves virtually exhausted, a bipartisan Congress passed, and then-President Ronald Reagan signed, the Social Security Amendments of 1983 into law.