What you need to know about Social Security changes
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner.
Beneficiaries under Social Security Fairness Act could be waiting ‘more than one year’ for adjusted payments, SSA says
The Social Security Administration, in an update to its website on Friday, said the department does not currently have the ...
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Social Security faces potential benefit cuts
Social Security is facing a potential financial crisis that could impact millions of Americans who rely on these benefits for ...
Bad news for Social Security beneficiaries: You may have to wait for an increase in your payments
The Social Security Administration is warning that Americans affected by the Social Security Fairness Act may need to be ...
Social Security Fairness Act Retroactive Payments and 2025 Increases Are Delayed
Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will ...
Social Security Is Set to Run Out of Money in 2034. Here's Why That's Probably Too Optimistic.
The program's total costs became higher than its total income in 2021, but its costs have been higher than the trust funds' non-interest income since 2010. This means the program is currently ...
Committee for a Responsible Federal Budget2d
More than 4/5 of Spending Growth Will Come from Social Security, Health, & Interest
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
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As Social Security is set to be insolvent in 7 years, its future is 'disturbing' says economist
With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to ...
Suze Orman cited these facts to ease fear over Social Security, urged Americans to ‘wait past your early 60s’ to collect
According to the Congressional Budget Office (CBO), the Social Security Old-Age and Survivors Insurance (OASI) trust fund ...
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Will Social Security run out? Here's what could happen to your benefits
Social Security will still exist after 2035, according to the report. But without congressional action ... according to the Center on Budget and Policy Priorities. In addition to meeting its ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...