News

The Social Security shortfall date just moved a little nearer. New federal projection released June 18 show the combined ...
Some lawmakers have suggested raising the Social Security tax rate. Currently, that tax rate is 12.4% on wages up to a ...
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...
The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...
The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that ...
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.
To keep paying full benefits to retired and disabled Americans in 2034, Congress would need to find additional revenue or ...
The programs were pressured in part by rising costs and the implementation of the Social Security Fairness Act, which ...
The cost-of-living adjustment, commonly referred to as COLA, has been a long-standing element of Social Security benefits, ...
The third round of Social Security payments are headed out. Here's the schedule for the month of June.
Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.