Although Congress has yet to act, it is well known that Social Security's rainy-day funds will soon run dry, and revenue from ...

The SSA releases a report called the Monthly Statistical Snapshot, which includes information about how much money the ...

Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...

The Social Security landscape in the United States is undergoing significant changes, impacting millions of beneficiaries.

The Social Security system in the United States is undergoing significant transformations, impacting millions of Americans.

The Windfall Elimination Provision (WEP) penalized certain retirees. “Right now, WEP can reduce your Social Security benefit if you also get a pension from non-covered work,” Ray explained.

Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.

“Congress broke a promise 40 years ago to millions of Americans when it enacted the Windfall Elimination Provision and the Government Pension Offset,” said Edward Kelly, general president of ...

The way to avoid the so-called windfall in the Windfall Elimination Provision was to calculate benefits in a way that would presume a public servant’s pension fund was sufficient. Unfortunately, ...

The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...

Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...

Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...