The official trustees now estimate the need for a 23% cut in benefits, plus 11% to Medicare, in eight years.

This includes Social Security payments, a small number of which are still issued via paper checks. Critics of the policy have ...

In the past, Social Security collections that weren’t sent out to retirees were predictably spent by politicians who exist to ...

A new report says rising health care costs have pushed up the go-broke dates for Medicare and Social Security. Former ...

A review from Social Security trustees has given the program until 2034 until it runs out of money, which is one year earlier ...

The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...

The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that ...

Ida Mae Fuller got the first Social Security check in 1940. Now, 85 years later, the last beneficiaries to receive paper ...

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...

The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.

Advocates for Social Security's beneficiaries said Congress should act as soon as possible to avoid a benefit shortfall.