The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.

Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.

Meanwhile, Social Security's trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year's estimate of 2035.

Meanwhile, Social Security's trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year's estimate of 2035.

The Social Security Administration faces a funding crisis. Trustees say the projected shortfall in retirement benefits has risen to $25.1 trillion through 2099, up from $22.6 trillion a year ago.

The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that the combined Social Security trust funds will pay 100% of benefits until 2034 ...

The U.S. Supreme Court has ruled that the Department of Government Efficiency is permitted to access sensitive social security information, according to a Friday decision.

Regular Social Security retirement benefits for the month of June will be sent out on the SSA’s usual schedule: Wednesday, June 11: Birth dates between the first and 10th of the month.

Regular Social Security retirement benefits for the month of June will be sent out on the SSA’s usual schedule: Wednesday, June 11: If you were born between the first and 10th of the month ...

In Massachusetts, about 1.2 million people receive Social Security benefits, or about 1 in 5 people in the state. And in May, people are slated to get two checks. But, that means no checks in June ...

The first monthly batch of Social Security benefits are paid later this May than in any other month this year due to a quirk in the 2025 calendar and the SSA's payment schedule.

The efforts include entering more than 6,000 immigrants’ names into the Social Security Administration’s database used to track dead people, which effectively cuts them off from being able to ...