Social Security

Inflation has pushed Social Security’s annual benefit increases up to historic highs for the past couple of years. That may trigger a bigger tax bill.

President Biden delivered remarks on lowering prescription drug costs and protecting Social Security and Medicare while in Joliet, Illinois on Saturday. Biden also expressed his support for Democratic Rep. Lauren Underwood.

Retirees will see a major increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.

The cost-of-living adjustment means the average recipient will receive more than $140 extra a month beginning in January.

Millions of Social Security recipients will soon learn just how high a boost they’ll get in their benefits next year.

Women ages 50 and up are a key group to watch in November’s election. While they have diverse views, protecting Social Security may be one issue they agree on.

Democrats are seeking to bring a bill to enhance Social Security benefits up for a vote on the House floor this fall. Here’s what it includes.

Seniors impacted by inflation rates are likely to see a major boost in their social security checks starting next year.

Mary Johnson, policy analyst and editor at the Senior Citizens League, said she is currently projecting an annual adjustment of 9.6%, which would be the biggest boost to Social Security benefits since 1981.

The Social Security trust fund will be able to pay out benefits for a year longer than prior estimates, the Treasury Department said.

Making higher earners pay more into Social Security is a popular idea with many Americans. Here’s how such a change could work.

When Congress eventually takes steps to repair Social Security’s solvency, it may raise the retirement age. Here’s what that could mean for benefits.

The tax return that’s used to determine whether you pay extra for Medicare premiums may not accurately reflect your income when you retire.

President Joe Biden’s 2023 budget could help fund service improvements for Social Security. Some groups had hoped to see more in the president’s proposal.

Inflation jumped 7.9% in February. That may have retirees on a fixed income concerned about getting by or running out of savings during their golden years.

There are many resources to which retirees worried about meeting their bills amid inflation can turn. Here are some of them.

Tom Brady retired for 40 days before deciding to give it a go for another season playing for the Tampa Bay Buccaneers. Other retirees could take his lead.

Record high inflation could mean an even bigger boost for Social Security beneficiaries next year, according to one early estimate.

Fraudsters prey on fear to get people to cough up money. Here’s what to watch out for and how you can help stop these schemes.

The age you claim Social Security largely determines the size of your monthly checks. But there are still ways you can boost that benefit payout.