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When that happens, seniors will face an automatic 23 percent cut in their Social Security benefits. Medicare will reduce ...
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.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 ...
Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...
Thanks to legislation signed by Biden last year, the Social Security Trust Fund is now set to run out of money almost a year ...
As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...
Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...
Full breakdown of July 2025 Social Security and SSI payment dates, amounts, and why the timing matters this month.
The latest annual report from the Social Security Trustees says the program is running out of reserves faster than expected. Here's what to know.
The analysis finds that a 23% cut would require $138,000 in added savings to replace the lost income; a 19% benefit cut would ...
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Social Security payout could grow; if you're in the right kind of jobYour job type and recent policy changes could boost your Social Security benefits. Working past Full Retirement Age and ...
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