Earlier this month the Social Security Administration announced its largest cost of living adjustment in nearly 40 years, which now sits at 8.7%. Recipients will get $150 more per month into the ...

Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending ...

About 68 million people received monthly Social Security benefits in 2024, and Medicare provides health insurance coverage to 67.6 million people.

Meanwhile, Social Security's trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year's estimate of 2035. After that ...

Meanwhile, Social Security’s trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year’s estimate of 2035.

Social security cover up from 24% in 2019 to 64%: ILO report Manash Pratim Gohain / TNN / Updated: Jun 12, 2025, 04:23 IST ...

Regular Social Security retirement benefits for the month of June will be sent out on the SSA’s usual schedule: Wednesday, June 11: Birth dates between the first and 10th of the month.

Regular Social Security retirement benefits are slated to be distributed on the SSA’s usual schedule: Tuesday, June 3: People who started receiving Social Security before May 1997 Wednesday ...

The retirement trust fund peaked at $2.82 trillion in 2017. Since 2021, Social Security has been redeeming its Treasuries and using the proceeds to bridge the gap between its revenues and its mandated ...

The first monthly batch of Social Security benefits are paid later this May than in any other month this year due to a quirk in the 2025 calendar and the SSA's payment schedule.

The Social Security trust fund will be insolvent in 2033 and by 2035 will have to reduce benefits by 17%. Here is now much more you need to save to cover the potential shortfall.

Under current law, workers and employers each pay 6.2 percent into Social Security on income up to the cap, while all wages are subject to a 2.9 percent Medicare tax.