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The latest projections show Social Security may have to cut retirement benefits in six years. Here's what may happen if Congress doesn't prevent that.
Retired Americans will see a $75 boost in monthly cheques as benefits rise amid widespread inflation challenges.
With a 3.6% COLA for 2027, Social Security retirement benefit checks will go up by $75 per month, on average, the agency said.
The Social Security Administration is expected to announce the cost-of-living adjustment for 2027. Projections point to a higher-than-average increase.
President Donald Trump may sign a bill into law that would change the way Social Security retirement ages are described.
Rep. Haley Stevens introduced a bill that would let some workers in physically demanding jobs claim full Social Security retirement benefits at age 60.
Advisors' clients are worried about both short- and long-term costs and whether Social Security and Medicare will be there when they retire, a new survey finds.
Senators elected this November will be in office when Social Security's retirement trust fund is projected to run dry.
The next U.S. president and candidates for Senate this November will be tasked with addressing Social Security's funding shortfall.
