Congress does deserve fresh criticism for making things worse. Last year, legislators passed the misnamed "Social Security ...

The Social Security Board of Trustees said last week that the program’s combined trust funds will run out of money in 2034 — ...

The Social Security Fairness Act made it possible for many public servants to receive Social Security they'd earned on top of ...

Thanks to legislation signed by Biden last year, the Social Security Trust Fund is now set to run out of money almost a year ...

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 ...

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.

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...

The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.

To right the ship, the trustees note that more revenue would need to be collected—like through a payroll tax increase—or benefits will need to be reduced. If Congress does nothing to change the tide, ...

Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending shortfall, ...

Social Security has not collected enough revenue to cover its total cost since 2021, and the gap between income and expenses ...

The official trustees now estimate the need for a 23% cut in benefits, plus 11% to Medicare, in eight years.