Social Security

The record-high Social Security cost-of-living bump that beneficiaries received in 2023 could come back to bite them during this year's tax-filing season.

As seniors deal with rising inflation, some consider rejoining the workforce to deal with rising costs.

With another four years of Bidenomics, you can be certain that, at the individual and corporate level, a perpetuity tax on Social Security will become front and center.

More Americans expect to get their Social Security benefits when they retire – in three prior readings, non-retirees were more inclined to predict they would not receive their benefits, a recent Gallup survey said.

House lawmakers are demanding answers amid a report that Social Security benefits are overpaid to more than 2 million Americans annually, who are then contacted for repayment.

Some 12% of Americans said they planned to work again in the New Year, with 61% citing rising costs as the reason, a recent Resume Builder survey said.

Social Security checks are increasing next year thanks to the annual cost of living adjustments (COLA). However, the standard monthly cost of Medicare Part B will increase by $9.80, or 6%, to $174.70 in 2024, according to the Centers for Medicare and Medicaid Services (CMS).

Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.

The Social Security Administration is reviewing its overpayment process after mispayment of billions worth of benefits that people must now pay back.

Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.

One in five adults aged 50 or older said they have no source of retirement income besides Social Security, up from 13% in 2014, a recent Nationwide survey said.

The Social Security Administration announced that beneficiaries will receive a 3.2% pay bump in 2024 in order to offset the costs of still-high inflation.

The new 2024 Social Security COLA Announcement will give seniors a slight boost to their monthly benefit checks. Some seniors say, it's still not enough to survive on.

The Social Security Administration on Thursday announced the cost-of-living adjustment for 2024 as retirees continue to confront unusually high inflation.

Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.

Social Security's trust funds are projected to be depleted by 2033, at which point retirees would see a significant cut to their benefits if the program isn't reformed.

Federal lawmakers have until September 30 to agree on a budget or risk shutting down the government. Here's how that could impact your wallet.

Inflation increased in August on an annual and monthly basis, but economists largely expected the jump. Here's what it means for you.

The Congressional Budget Office reported that the federal budget deficit through August grew by about $600 billion, compared to a year ago, as spending increased and tax revenue declined.

The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.