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What should you do if your Social Security number is stolen?

May 10, 2024
Freeze your credit, and don’t be afraid to ask for help or use free, online resources, experts say.
Make sure you consistently review your financial statements to spot fraudulent activity.
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When the government can no longer pay full Social Security benefits

May 7, 2024
Monday's report on the system's "go-broke" date raises questions about how Social Security is funded.
Projections indicate that Social Security and Medicare benefits will be cut immediately after 2033 by 21%, says Will McBride, vice president of federal tax policy at the Tax Foundation.
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AARP survey shows many older adults worry about financing retirement

May 6, 2024
More than 60% of people over 50 are worried they won’t have enough money to live on in retirement, which is more than last year, according to a recent survey from AARP.
About a third of people 50 and older who are still working have saved less than $10,000 toward retirement.
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How entitlements like Social Security and Medicare got so big

May 3, 2024
These programs are the biggest part of the budget, and cuts to them feel personal, one expert says. Reducing them has been tough historically.
Social Security started during the Depression as a way to get money to elderly people, many of whom were living in poverty. Now it's the biggest U.S. government expense.
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Should the U.S. raise the retirement age?

Mar 26, 2024
Larry Fink, head of the largest money manager in the world, suggested in an investor letter that the retirement age should be higher because of longer life expectancies. But is that realistic?
Larry Fink, the head of BlackRock — the largest money lender in the world — suggested in an investor letter Monday that we should maybe consider pushing up the retirement age.
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For public good, not for profit.

As inflation moderates, so does Social Security's cost-of-living adjustment

Sep 14, 2023
The 2024 cost-of-living adjustment comes out to 3.2%, a pretty modest amount compared to past years.
The annual cost-of-living adjustment, or COLA, is automatic and meant to stabilize the purchasing power of Social Security benefits.
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Why it's getting more expensive to hire workers in China

Aug 9, 2023
China’s government is making employers pay more into its social welfare system, just as the economy is stalling.
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