Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.

The trust fund behind many Americans' monthly Social Security benefits could be depleted in the next decade, leading to cuts in benefits of up to 23%. A: A six-member board made up of the Treasury, ...

The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...

Social Security Board of Trustees Annual Report warns of an accelerated timetable for trust fund depletion and potential benefit reductions that could significantly impact ...

With Social Security projected to be insolvent in 8 years, it's time for Congress to finally pay attention to entitlement ...

Social Security is a cornerstone of retirement planning for millions of Americans, providing a vital safety net for seniors, ...

Trustees Reports project Social Security and Medicare trust funds will be depleted by 2033-2034, triggering benefit cuts. Key drivers include increased benefits, slower wage growth, and rising ...

Social Security trustees’ report projects that the Social Security Old-Age, Survivors, and Disability trust fund reserves ...

The Old-Age and Survivor’s Insurance (OASI) fund is projected to become insolvent in 2033, says the Social Security trustee report, released on June 18. At that time, it will pay out around 77% of the ...

If Congress fails to act in the very near future, the date on which Social Security will no longer be able to pay full benefits is only eight years away in 2033, according to the just-released Social ...

Many people are used to working, paying taxes on their income, and collecting Social Security in retirement. But it used to ...

For 2025, Social Security recipients who haven’t reached full retirement age (FRA) can earn up to $23,400 — an increase from ...