The Social Security Administration said it now expects its funds to last one year longer than it previously forecasted.
The Senior Citizens League upped its forecast for the Social Security benefits increase in 2023.
Searing-hot inflation could push Social Security recipients into a higher tax bracket as a result of what's likely to be a record-high cost-of-living adjustment.
More Americans are delaying their retirement amid a loss in savings and high inflation, according to a new survey.
Many Americans lack confidence that Social Security will be available to them when they need it, according to a new study by Northwestern Mutual.
Social Security released its new Equity Action Plan that will expand access to its services among underserved communities.
Retirees in these U.S. cities rely more heavily on their Social Security income, according to a new study.
Social Security recipients are on track to receive the biggest cost-of-living raise in four decades as sky-high inflation rapidly diminishes the buying power of retired Americans.
TSCL policy analyst Mary Johnson has raised her 2023 COLA forecast to 8.9%. But as inflation continues to surge, she said Social Security benefits aren't keeping up with rising consumer prices.
Social Security benefits may not be sufficient for seniors struggling to keep up with debt payments, according to a new survey from The Senior Citizens League.
The House of Representatives recently passed a bill that extends the amount of time that Americans have to save for retirement, as well as other changes.
Social Security recipients may see a higher COLA increase in 2023 if inflation persists, according to a nonpartisan advocacy group.
Several significant changes are coming to Social Security in 2022. Here's what you need to know.
Knowing when you'll quit the workforce is a crucial part of retirement planning, but few people give as much attention to where they're going to retire.
Increasing the amount of money your retirement checks offer can be a smart financial move since they'll probably be a primary income source along with your savings.
Social security is unlikely to run out, learn more here about workers retirement savings plans according to survey conducted by Transamerica.
Last October, seniors on Social Security got some pretty good news. That's when 2022's 5.9% cost-of-living adjustment (COLA) was announced, and it winds up being the biggest raise recipients have seen in decades.
If you won't turn 70 in 2022, take the time to think about whether it might make sense for you to wait to start your benefits in order to maximize this source of lifetime income.
You earn delayed retirement credits for any month you put off the start of your Social Security benefits. These credits raise your payment, giving you more money each month for the rest of your life.
Social security recipients will receive a significant boost in their payments through a cost-of-living adjustment in 2022