The Social Security Administration (SSA) has officially increased the Full Retirement Age (FRA) for beneficiaries from 65 to 67 years. This change will directly impact the time and quantum of ...

After 2034, Social Security would only have enough funds to cover 81% of benefits. After 2033, Medicare’s hospital insurance trust fund would only be able to pay 89% of costs.

Based on an analysis from the Center on Budget and Policy Priorities, Social Security helped pull more than 22 million people above the federal poverty line in 2023, including roughly 16.3 million ...

Social Security is on track to run out by 2034, one year earlier than previously estimated, according to a new report. Social Security funds for retirees and survivors of deceased workers are set ...

The combined trust funds for Social Security are projected to run out in 2034, a year earlier than previously predicted, a board of trustees of the program’s accounts said in a new report ...

The Social Security Administration (SSA) is ready to roll out June’s monthly payments soon. The next date for receiving checks approximating $2000 is scheduled on June 18.

The go-broke dates — or the dates at which the programs will no longer have enough funds to pay full benefits — for Medicare and Social Security’s trust funds have moved up.

Last year, the Social Security Trustees expected the program’s combined trust funds to be depleted in 2035. With the timeline pushed up by a year, the situation just got even more dire.

A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...

The number of retirees claiming Social Security at age 62 declined between 2019 and 2023 among men and women, according to data from the Center for Retirement Research at Boston College. For men ...

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 ...