P resident Donald Trump’s firing of the commissioner of labor statistics, Erika McEntarfer, on Friday raises serious risks ...

This process is known as the cost-of-living adjustment, or COLA. It is an important feature of the Social Security program, ...

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Why your Social Security check could shrink by nearly 20% - and more if jobs are scarce Provided by Dow Jones Jun 29, 2025, 12:59:00 PM ...

Senate Minority Leader Chuck Schumer was joined by local officials to announce a new bill aimed at protecting Social Security jobs.

Although Mr. Trump has vowed not to touch Social Security, his administration is has cut the agency's staffing to 50,000 workers, down from its current level of about 57,000 workers.

You can earn up to $23,400 for the year, or $1,950 per month, with no impact to your benefits. Beyond that, $1 of your Social Security benefits can be withheld for every $2 in earnings.

The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.

And although Social Security payments are called "entitlements," Armstrong notes that they are earned. "We all paid into those things. In my case, 42 years now," he says.

Instead, Social Security beneficiaries would see a cut of between 19% to 23% to their benefits, the report said. The current average Social Security benefit for a retiree stands at $1,976, which ...

In 2025, the government will withhold $1 in Social Security benefits for every $2 you earn above $23,400. Those who will reach their full retirement age in 2025 can earn up to $62,160 before the ...