While Social Security is in no danger of insolvency, its existing payout schedule, including annual cost-of-living ...

Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...

The Social Security program, a financial lifeline for millions, faces an uncertain future. With demographic shifts and ...

Recent cuts to funding levels at the Social Security Administration and Tesla CEO Elon Musk’s recent ... replace potentially missing Social Security income, and safeguard your future. 1.

Based on the projections above, that cut would mean a drop in average monthly Social Security benefits from $2,321.94 to $1,787.89. Social Security Cuts: States That Would Be Impacted The Least ...

Key Points. The most recent Social Security Trustees’ report has bad news about benefit cuts. The trust fund is expected to run out in 2034, a year earlier than anticipated last year.

Social Security funds face a long-term financial crunch that could mean some benefits ... "Action must be taken soon to prevent an across-the-board benefit cut for many current and future ...

How Payroll Tax Cut Affects Social Security's Future President Obama says that unless a temporary payroll tax cut is extended this month, 160 million Americans would see their taxes increase.

By Samanda Dorger. Many Americans say they are behind when it comes to saving enough for retirement, and a looming shortfall of Social Security funds is making the outlook more gloomy.. More than ...

If Congress doesn't shore up the trust funds or make other fixes, the Social Security Administration would need to cut benefits by about 21% to match the level of payroll taxes and other revenue ...

Nearly 73 million Americans receive monthly checks from the Social Security Administration. In February, the agency said it would cut nearly 7,000 jobs and cut the number of regional offices from ...