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The new bill comes as the Social Security trust fund approaches possible depletion and as Congress faces mounting pressure.
Not even a potentially history-making moment will be enough to prevent retirees from getting the short end of the stick, yet ...
If claiming at 62 with no future reduction in benefits, they are projected to receive $403,200 in Social Security “real” benefits over their lifetime. If claiming at 62 with a 23% reduction in ...
More people than usual are filing for Social Security in 2025. Through May, claims are up about 17% compared with the same time last year, according to CBS News. The baseline rise from baby ...
A bipartisan duo in the Senate has been garnering attention for a pitch aimed at shoring up the solvency of Social Security. The idea, pushed by Sens. Bill Cassidy (R-La.) and Tim Kaine (D-Va.), ...
For some Social Security recipients, benefit checks might arrive in a lesser amount in the coming months. Meanwhile, some others may have recently gotten a bump in their benefits.
Social Security's cost-of-living adjustment could rise 2.7%. But Medicare Part B premiums are set to rise even more, eating ...
Social Security Benefit Cuts Are Coming: Here's the Timeline of How We Got Here and the Latest Forecast of When These Cuts Can Take Place By Sean Williams – Jun 29, 2025 at 3:44AM ...
That's why it can be really alarming to receive a notice that your benefit's about to get cut in half. That's what happened to one married couple a few months ago after they'd been on Social ...
Claiming Social Security at age 62 reduces your benefit by up to 30%. The average 62-year-old claimer got $1,341.61 per month as of December 2024, though the average is likely a little higher now.
Social Security claims are spiking in 2025—discover 6 surprising reasons behind the surge and what it could mean for your retirement strategy.