New proposal would cap Social Security benefits at $100K for wealthy couples
A new proposal from the Committee for a Responsible Federal Budget would cap Social Security benefits for wealthy couples at $100,000 annually, with a $50,000 limit for single retirees.
How Social Security recipients can boost their benefit checks
Social Security recipients can boost benefits by up to 8% annually by delaying claims until age 70. Smart retirement planning increases monthly payments significantly.
Budget deficit hits $1 trillion in first five months of fiscal year: CBO
Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.
Social Security's main trust fund faces depletion in 2032, triggering benefit cuts
Social Security benefits are facing automatic cuts starting in 2032 when a key trust fund is expected to reach insolvency, according to new CBO report.
Restored Social Security benefits could get tax break under new bill
Public sector workers getting restored benefits under last year's Social Security Fairness Act would be spared a tax bill on those benefits under new legislation.
Some Social Security beneficiaries to receive payments early for February and March
The Social Security Administration shifts SSI benefit disbursements when the first of the month falls on weekends or federal holidays to ensure beneficiaries have money for bills.
Some Social Security recipients to receive 2 monthly benefit checks in December
SSI recipients will receive two Social Security payments in December 2025 due to a calendar scheduling quirk that moves January's payment to Dec. 31.
Social Security COLA for 2026 revealed following shutdown-related delay
The Social Security Administration revealed its annual cost-of-living adjustment (COLA) for 2026, which is going to boost benefits by 2.8% next year to account for inflation.
Should the Social Security COLA be measured with a senior-focused inflation metric?
Social Security's annual COLA calculations are under scrutiny from advocacy groups, with some calling for different metrics to be used to boost or reduce the inflation adjustments.
New Social Security COLA release date confirmed amid government shutdown
Social Security's 2026 COLA announcement was delayed by the government shutdown but will be released Oct. 24, with experts projecting a 2.7% to 2.8% increase.
$38 trillion and counting: Fiscal expert warns of ‘unsustainable’ national debt
Committee for a Responsible Federal Budget President Maya MacGuineas warns that the nation’s $38 trillion debt and rising spending are ‘unsustainable,’ urging lawmakers to address entitlement reform and restore fiscal discipline.
Social Security recipients getting double payments this October due to calendar scheduling quirk
The Social Security Administration will send two SSI payments in October 2025, with one payment on Oct. 1 and another on Oct. 31 due to the 2025 calendar scheduling.
Social Security Commissioner Frank Bisignano named IRS CEO
Social Security Commissioner Frank Bisignano is set to take on a second role in the Trump administration as he was named the CEO of the Internal Revenue Service.
Government shutdown may delay Social Security cost-of-living adjustment announcement for 2026: report
Millions of seniors may have to wait longer for 2026 Social Security COLA announcement as the government shutdown could delay Bureau of Labor Statistics inflation report.
How Fed rate cut could impact national debt
Concord Coalition Executive Director Carolyn Bourdeaux joins ‘Barron’s Roundtable’ to discuss the Federal Reserve’s latest rate decision and its potential effect on the national debt.
Trump admin signals Congress will need to consider all options as insolvency looms in 2034
Trump administration evaluates Social Security reform options as commissioner clarifies raising retirement age is not currently under consideration despite 2034 insolvency projections.
Social Security chief fires back at Sen. Warren over claims it removed key data from website
U.S. Social Security Administration Commissioner Frank Bisignano pushes back at Sen. Elizabeth Warren's transparency allegations and discusses the threat of insolvency on 'Mornings with Maria.'
Social Security beneficiaries expected to get bigger cost-of-living-adjustment in 2026
Social Security beneficiaries may receive an estimated 2.7% cost of living adjustment (COLA) in 2026, which would raise average monthly benefits by $54 based on recent inflation data.
A big change is coming for Social Security recipients at the end of September
The Social Security Administration will stop sending paper checks by Sept. 30, transitioning beneficiaries to electronic payments following Trump's March executive order.
Trump touts no tax on social security for seniors, illegals out of system
Social Security Commissioner Frank Bisignano joined President Trump to highlight no tax on benefits for seniors and a clean-up of illegal immigrants receiving retirement benefits.