Category: Social Security

The Congressional Budget Office projects that Social Security’s retirement trust fund will become insolvent around fiscal year 2032, while the Social Security Administration’s own trustees place the date at 2033. Either timeline gives Congress fewer than eight years to close a funding gap that, left unaddressed, would force automatic benefit cuts for tens of millions…

The Social Security Administration has formally expanded the types of personal data it can share with the Department of Homeland Security, adding new routine uses that permit disclosure of citizenship and immigration information for holders of Social Security numbers. The change, published in the Federal Register on November 12, 2025, modifies the privacy architecture governing…

A worker who earned a steady $100,000 throughout a full career can expect a monthly Social Security check of roughly $2,900 in 2026, based on the agency’s own benefit formulas and the latest cost-of-living adjustment. That figure, while higher than the overall average for retired workers, replaces less than half of pre-retirement income, a gap…

Every month a worker waits past full retirement age to collect Social Security, the federal government adds a permanent bump to that person’s monthly check. The reward for patience maxes out at age 70, and for most Americans born in 1960 or later, the total gain can reach 24 percent above the standard benefit. But…

Social Security’s retirement trust fund is now projected to run dry in 2033, one year sooner than previously estimated, a shift that could force automatic benefit cuts of roughly $460 per month for the average retired worker unless Congress intervenes. The 2025 Annual Report from the Board of Trustees, released in mid-June, accelerated the depletion…

The Social Security Fairness Act has restored benefits for more than 3.2 million former public workers whose checks were previously reduced or eliminated, but the lump-sum retroactive payments now landing in bank accounts are creating an unexpected tax problem. Signed into law in early 2025, the legislation repealed two long‑standing provisions that had penalized retirees…

The Social Security Board of Trustees released its 2025 annual report on June 18, projecting that, under the trustees’ intermediate assumptions, the Old-Age and Survivors Insurance trust fund would be depleted by 2033 and that, if lawmakers do not act, about 77% of scheduled benefits would be payable after that point. For Generation X, the…

The Social Security Administration is imposing two policy shifts in 2026 that stand to cut deeply into monthly benefit checks for millions of Americans. A fivefold increase in the default overpayment withholding rate and tighter earnings-test math for early retirees who keep working will reshape retirement planning for years to come. With a modest 2.8%…

Some Supplemental Security Income recipients will see two federal payments land in their bank accounts during February 2026, a calendar-driven timing shift that catches many off guard. The phenomenon is not a bonus or a system error. It is a direct result of how the U.S. Department of the Treasury handles payment dates that fall…

A new national survey released by the libertarian-leaning Cato Institute finds that a majority of Americans under 30 reject the idea of paying higher taxes to keep Social Security solvent, driven by a deep conviction that the program will either slash their benefits or disappear entirely before they retire. The poll lands as the Social…