Millions of Americans today are eligible for a monthly benefit from Social Security. And unfortunately, a lot of seniors have ...
"There is no bankruptcy or collapse in the cards," economist Stephen Nuñez wrote in a new research article.
Social Security is hurtling toward a funding cliff that would trigger some of the largest automatic benefit cuts in the ...
The Social Security trust fund is facing a shortfall. That means benefits could be cut in 2032, not wiped out completely, but ...
Social Security’s OASI trust fund can pay full benefits until 2033, but only 77% thereafter without legislative fixes. Social Security may have to cut benefits if lawmakers don’t find a way to boost ...
Social Security isn’t going bankrupt, but it’s heading toward a funding crisis that could reduce monthly checks by nearly a ...
Social Security has been paying out more than it takes in since 2010, and the trust fund is being spent. Latest projections show the fund could be depleted by 2033, potentially cutting benefits by 23% ...
Without changes, the retirement program won’t be able to pay the full benefits that have been promised to retirees.
With approximately six years until Social Security benefits must be cut, one group of Hawaii legislators has come up with a ...
Social Security can't go bankrupt because its primary revenue stream is taxes on wages. But Social Security is facing a financial shortfall in the coming years that could result in broad benefit cuts.
Social Security’s full retirement age reaches 67 for anyone born in 1960 or later. Claiming Social Security at 66 instead of 67 reduces benefits by roughly 6.67% for life. Lawmakers have discussed ...