Social Security

A new study says millennials should only expect 80% of their projected benefits, but there are ways to make up for the shortfall.

With five charts analyzing the latest figures, separate fact from fiction while Congress keeps failing to enact any comprehensive reform.

With long COVID a major theme, lawmakers discussed how to increase access to financial services for people with disabilities.

Fair press or frantic, the strains on the trust can’t be denied — but they do need to be explained and planned for.

A new bill that would boost benefits and fix the program’s long-term solvency appears doomed, even as experts warn of the consequences of further delay.

Witnesses described massive problems with communication systems and staffing levels at a Congressional hearing. It’s unclear whether the problems will be solved anytime soon.

A crucial loss of support for a bill co-sponsored by 200 House Democrats reflects the worsening political calculus for fixing the program’s solvency.

The “six-month nudge” technique leans into the fact that 95% of all individuals alive when they hit full retirement age are likely to reach age 70, according to actuarial tables.

The strategy provides an alternate course to clients claiming their monthly checks as soon as they leave their jobs, experts say.

A lack of awareness that web services are available turns out to be the most commonly cited reason for calling or visiting an SSA office.

In the first hearing for the Social Security 2100 Act, Republican members questioned the legislation’s effectiveness and price tag.

The argument in favor of a formula long supported by advocates gets weaker in light of new data, according to a report by retirement experts.

U.S. Rep. John Larson’s legislation would increase benefits for the first time in 50 years, but it’s one of the two competing approaches attracting support.

The widely expected bump in benefits won’t alter the program’s fiscal sustainability.

A comprehensive bill by U.S. Rep. John Larson would change how the COLA is calculated, increase income threshold amounts, the rate for inclusion of Social Security benefits and more.

The Social Security Administration found the asset reserves of both the OASI and DI Trust Funds in 2020 increased, but deficits still loom.

A report by the Center for Retirement Research at Boston College found that a jump in inflation could keep the COLA from meeting the rising costs that retirees face.

The inflation-tethered increase is a lifeline for many seniors receiving federal benefits, but there are potential drawbacks.

Blindly following the decades-old industry guideline is dangerous; tapping into 401(k)s if needed while delaying Social Security is smart.

Retiring before the full retirement age can result in a cut in Social Security benefits by as much as 30%, research shows.