The new bill comes as the Social Security trust fund approaches possible depletion and as Congress faces mounting pressure.

A growing number of Americans are filing for Social Security at 62, but early claims may carry costly long-term trade-offs.

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 ...

If claiming at age 67 with a 23% reduction in benefits when they turn age 70, they are projected to receive $375,360 in Social Security “real” benefits over their lifetime.

More than three-quarters of Americans fear Social Security won't provide enough to live on when they retire, AARP study finds.

A new analysis projects steep automatic cuts to Social Security and Medicare starting in 2032, unless lawmakers act to address the shrinking trust funds.

Bill Armstrong is among the 62-year-olds who have filed for Social Security retirement benefits in recent months. "I decided I better get in the system before they move that age higher," he says.

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 ...

Social Security is funded through a dedicated payroll tax, meaning that employers and employees each pay 6.2% of wages up to the taxable maximum for the given year. For 2025, the maximum is $176,100.

The average Social Security benefit isn't going to cover most of the average retiree's living expenses. At just $2,000 per month, it's likely just enough to cover the very basic of basics these days.

Social Security claims are spiking in 2025—discover 6 surprising reasons behind the surge and what it could mean for your retirement strategy.

Social Security claims are spiking in 2025—discover 6 surprising reasons behind the surge and what it could mean for your retirement strategy.