Social Security

The U.S. may not have enough money to pay its bills as soon as June 1. At that point, it’s unclear when and to whom the government would dole out funds.

A local man didn’t just receive his Social Security information in the mail, but also the very personal details of a woman from New York, too.

Jieun Kim of Los Angeles and Jieun Kim of Chicagoland say their lives were turned upside down because the SSA mistakenly issued them both the same number.

When Republicans howled in protests during the State of the Union over President Biden’s suggestion that the GOP wanted to slash Medicare and Medicaid, it showcased a stunning turnaround for the Republican Party that built a brand on doing just that.

Inflation has pushed Social Security’s annual benefit increases up to historic highs for the past couple of years. That may trigger a bigger tax bill.

President Biden delivered remarks on lowering prescription drug costs and protecting Social Security and Medicare while in Joliet, Illinois on Saturday. Biden also expressed his support for Democratic Rep. Lauren Underwood.

Retirees will see a major increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.

The cost-of-living adjustment means the average recipient will receive more than $140 extra a month beginning in January.

Millions of Social Security recipients will soon learn just how high a boost they’ll get in their benefits next year.

Women ages 50 and up are a key group to watch in November’s election. While they have diverse views, protecting Social Security may be one issue they agree on.

Democrats are seeking to bring a bill to enhance Social Security benefits up for a vote on the House floor this fall. Here’s what it includes.

Seniors impacted by inflation rates are likely to see a major boost in their social security checks starting next year.

Mary Johnson, policy analyst and editor at the Senior Citizens League, said she is currently projecting an annual adjustment of 9.6%, which would be the biggest boost to Social Security benefits since 1981.

The Social Security trust fund will be able to pay out benefits for a year longer than prior estimates, the Treasury Department said.

Making higher earners pay more into Social Security is a popular idea with many Americans. Here’s how such a change could work.

When Congress eventually takes steps to repair Social Security’s solvency, it may raise the retirement age. Here’s what that could mean for benefits.

The tax return that’s used to determine whether you pay extra for Medicare premiums may not accurately reflect your income when you retire.

President Joe Biden’s 2023 budget could help fund service improvements for Social Security. Some groups had hoped to see more in the president’s proposal.

Inflation jumped 7.9% in February. That may have retirees on a fixed income concerned about getting by or running out of savings during their golden years.

There are many resources to which retirees worried about meeting their bills amid inflation can turn. Here are some of them.