ThIs year's Social Security Trustees' Report, released last month on May 6, showed slight improvement in the program's ...
The latest estimates suggest Social Security's trust funds will last longer than previously thought. However, the program still needs major changes to ensure its future solvency. Those changes ...
The 2024 Social Security Trustees Report revealed a slightly improved outlook for the program. A year ago, the government thought benefit cuts would be necessary in 2034. Now, the Social Security ...
Social Security’s trust fund can pay benefits in full only until 2033, according to the 2024 Trustees Report. Once that date ...
Social Security serves as a key income source for millions of retired Americans. Without those benefits, many seniors would struggle to cover even basic expenses like housing and food. Each year ...
Although benefit cuts aren't a given, it's important to gear up for them -- whether you're already retired or not.
One key Social Security trust fund could run out of reserves in a decade. A new report outlines 6 questions to answer to plan ...
The program's outlook isn't completely bleak, two top administration analysts argued. Lower birth rates mean there will be fewer workers contributing relative to the number of retirees ...
Social Security's trust funds are headed toward depletion, and without a fix from Congress, retirees will see steep payment cuts in less than a decade. The annual Social Security trustees' report ...
A report recently released by the Social Security and Medicare Boards of Trustees confirmed last year's findings that a key trust fund will be exhausted in 2033. But that doesn't mean reductions ...