Social Security's full retirement age is increasing in 2025: What to know
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
The federal deficit keeps growing and the Congressional Budget Office has solutions
The nonpartisan Congressional Budget Office released a report analyzing 76 policy options for reducing the federal budget deficit, including spending cuts, entitlement and tax reforms.
Penn Wharton model shows ways Trump admin could lower debt while sustaining economic growth
Penn Wharton Budget Model analysis outlines policies the Trump administration could pursue to reduce the long-term growth of the national debt while spurring additional economic growth.
Why some Americans will receive an extra Social Security check in November
Some American retirees will receive an extra Social Security payment in November due to a scheduling quirk involving the payment schedule of SSI payments to beneficiaries.
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
Social Security COLA projected to be 2.5% for 2025, smallest since 2021
Social Security's annual cost-of-living adjustment (COLA) for 2025 is projected to be 2.5%, which would be the smallest benefit boost since 2021 as the pace of inflation slows.
Trump promises to halt taxes on Social Security; cites 'inflation nightmare' for seniors
Former President Donald Trump promised no tax on Social Security benefits to help seniors on fixed incomes. He blamed Kamala Harris for hurting seniors.
Trump promises to stop taxes on social security benefits
Trump said senior citizens on fixed incomes were being hurt by taxes on their benefits.
Social Security crisis: Beneficiaries face 21% benefit cut without reforms, says CFRB
A new report by the Committee for a Responsible Federal Budget finds that Social Security beneficiaries would see a 21% benefit cut when the trust fund is depleted in late 2033.
Economist offers bipartisan plan to avoid financial crisis by stabilizing America's surging national debt
The U.S. national debt is growing rapidly to record-setting levels, and economist Brian Riedl proposes a bipartisan plan to stabilize the debt's growth to avert a future debt crisis.
Stuart Varney: Trump's 'radical' tax proposals are shrewd political moves
'Varney & Co.' host Stuart Varney analyzed Trump's plan to make Social Security benefits tax-free for senior citizens and his 'no tax on tips' policy.
Peter Morici says Social Security shouldn't be taxed: 'Silly situation'
University of Maryland economist Peter Morici discusses Kamala Harris' pivot on her progressive policies and the claims that Trump and Republicans want to cut Social Security, among other benefits.
There's no fiscal responsibility in any of Kamala Harris' policies whatsoever: Rep. Greg Murphy
Rep. Greg Murphy, R-N.C., joins 'Mornings with Maria' to discuss Trump pitching the elimination of taxes on Social Security, government funding, as well as Kamala Harris' economic record and policy agenda.
Trump declares seniors should not pay taxes on Social Security
Republican presidential nominee and former President Trump said in a social media post on Wednesday that he wants to make Social Security tax-free for senior citizens.
Social Security benefits are falling short. The problem could soon get worse
Between 2010 and 2024, benefits have risen by about 58% due to the annual cost-of-living adjustments. The cost of most goods and services purchased by the typical retiree rose 73% during that same period.
Social Security just announced a change for millions of beneficiaries
The Social Security Administration said that beneficiaries will soon need to transition to a new login portal in order to access their account information.
Trump VP pick JD Vance: What are his views on taxes, deficits, entitlements?
Former President Trump tapped Senator JD Vance of Ohio as his running mate and vice presidential nominee for the 2024 GOP ticket, which has put a spotlight on Vance's policy views.
Americans agree that something must be done to save Social Security: survey
Only 30% of respondents to a survey knew that without reforms, Social Security beneficiaries face an automatic cut in benefits in the next decade.
More retirees consider returning to work as high inflation squeezes
While Social Security recipients received a 3.2% cost-of-living adjustment in 2024, retirees say they are still struggling financially, a new survey shows.
Your Social Security COLA increase could be smaller than expected next year
Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025, according to a new analysis, as inflation shows signs of moderating.