Social Security

The Social Security Administration (SSA) has officially released its annual cost-of-living adjustment (COLA) figures for 2025.

Proponents of raising retirement age argue that it would help address the Social Security deficit. Opponents say there are better ways to fix the program. Most Americans, polls show, are against raising the retirement age.

Keeping track and making sense of government policies and presidential candidates’ promises can be daunting during any election year. This year is no exception.

On July 12, 2024, the SSA announced a change affecting many account users. Those who created a my Social Security account before September 18, 2021, must transition to a different type of online account known as a Login.gov.

Effective September 30, 2024, a new Social Security Administration rule is likely to allow more elders to qualify for Supplemental Security Income (SSI). Some current SSI recipients may see an increase in their monthly benefit amount.

In late March 2024, U.S. Sen. Bob Casey (D-PA) introduced the Boosting Benefits and COLAs for Seniors Act. The Act centers on changing the formula that the SSA uses to calculate Social Security benefits for older adults.

By law, the Social Security Administration must attempt to recoup any overpayments it has issued, even if they were made by mistake. In many cases, the SSA would withhold entire checks from recipients it had overpaid.

President Joe Biden's fourth State of the Union address last night at the Capitol touched on topics as diverse as the loneliness epidemic, the invasion of Ukraine, and prescription drug pricing and access to health insurance coverage.

Social Security wasn't meant to be a primary source of income for retirees when it was first created in 1935. It sought to provide an umbrella of protection for people who couldn't save enough for retirement. ...