Social Security is an important source of income for millions of retirees. However the program has a lot of ins and outs, and ...

The Social Security shortfall date just moved a little nearer. New federal projection released June 18 show the combined ...

Medicare's hospital insurance trust fund is now projected to run out by 2033, three years earlier than last year’s estimate.

Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending ...

New $6,000 deduction will help 88% of beneficiaries avoid taxes on benefits, but it's not a direct elimination of Social Security taxes.

The agency's newly minted commissioner faced pointed questions from lawmakers about the future of the agency and its ability ...

The trust funds that the Social Security Administration relies on to pay millions of U.S. retiree benefits could be depleted ...

Social Security spousal benefits aren’t just for people who are still married. If you’re divorced from your ex but were married for at least 10 years, you may be eligible for spousal benefits.

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.

Instead, Social Security beneficiaries would see a cut of between 19% to 23% to their benefits, the report said. The current average Social Security benefit for a retiree stands at $1,976, which ...