The program’s finances could take another hit if some of the president’s tax proposals are passed. What to know about claiming early.

Social Security represents about 30% of the income of people over 65, with roughly a third of seniors relying upon their checks for at least half of their financial support. About 10% rely upon their benefits almost exclusively.

The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits. Before President Biden signed the Social Security Fairness Act into law, the OASI Trust Fund was expected to be insolvent by 2033, at which point only 79% of scheduled benefits would have been payable.

With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to protect current Social Security benefits without inflicting fiscal harm.

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 ...

Last week’s Medicare Part D question was from Tonya regarding discovering that she and her husband are receiving an “extra” Part D premium, which she never knew about. You advised her to contact her local Congressional office to help appeal the Medicare issue.

Although Donald Trump has promised to "not touch" Social Security and that beneficiaries will "get what they're getting," many of his proposed policies would have an effect on the program's bottom line, according to the analysis by the CRFB.

Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new Social Security Fairness Act.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

Social Security benefits would be cut by 22% unless new streams of revenues are found, according to Phillip Swagel, director of the Congressional Budget Office. "Time is running out," said Rachel ...

GOP lawmakers are once again considering a litany of proposals that would require federal workers to pay more in exchange for less retirement and health care benefits.

Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen post-inauguration. The Republicans now fully control Congress, which