Technically, by 2033, Social Security payments would be higher than these current averages due to annual cost-of-living ...

Social Security is facing the possibility of cuts in less than a decade. While workers can save more to compensate for a reduction in Social Security, retirees may have fewer options. There are still ...

(NewsNation) — A survey has revealed that more than half of Social Security recipients are at risk if the Social Security Administration’s proposed cuts become effective. Data from Nationwide’s 2022 ...

The latest report from the Social Security Trustees confirmed a scenario that has many people worried: The program is facing a major financial shortfall that could force it to slash benefits come 2035 ...

Most Social Security recipients feel as though cuts are inevitable at some point in their lives. At the current deficit, Social Security would need to cut benefits by about 23% beginning in 2034.

A Social Security 'war room,' threats to shut the agency, worker buyouts and a restraining order - here's a timeline of what has taken place so far this year Millions of Americans rely on Social ...

Social Security is less than a decade away from insolvency, which could lead to a 24% benefit cut. The Social Security Commissioner indicated that all options were on the table before ruling out the ...

Social Security is facing a $25.1 trillion long-term funding shortfall, as well as the prospect of sweeping benefit cuts in as little as seven years. Social Security Commissioner Frank Bisignano is ...

To make matters worse, 2033 is also the year analysts predict the Medicare Hospital Insurance fund will be depleted. Once ...