Wait times for Social Security benefit appeals leave people in limbo

Michael Astrue, a former Social Security commissioner, talks about how and where the backlog starts.
Michael Astrue, former Social Security Administration commissioner, says the backlog starts at the back end. That's where 
“you're having a thousand-day waits.”
Alex Wong/Getty Images

Rising medical costs may outpace a Social Security cost-of-living raise next year

Oct 16, 2017
Social Security benefits will rise 2 percent in 2018 for approximately 61 million older Americans who rely on the benefit. The annual cost-of-living adjustment is based on the third-quarter Consumer Price Index for urban wage earners and clerical workers. The COLA hasn’t been as high as 2 percent since 2011; it rose 0.3 percent this […]

Changing the way we measure inflation could boost Social Security benefits

Using an index that's representative of retirees would mean a bigger monthly check, but it's a tough sell.
Social Security checks are placed in bins before they are mailed at the U.S. Treasury printing facility in Philadelphia in 20005.
William Thomas Caine/Getty Images

How America's retirement savings system needs to change

Sep 29, 2017
Putnam Investments' CEO has some ideas for making defined contribution plans more relevant.
Photo by Christopher Furlong/Getty Images

Will the Trump administration slash Social Security benefits?

Jan 25, 2017
Marketplace contributor Chris Farrell says Trump's base relies on them.
William Thomas Cain/Getty Images

Thousands see reduced Social Security checks because of unpaid student loans

Dec 21, 2016
The Department of Education reclaimed about $171 million from these checks.
William Thomas Cain/Getty Images

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Retirees' economic concerns drive Florida vote

Nov 3, 2016
Florida's senior citizen population is growing, and is divided along ideological lines.
Ruthie and Frank Clark in their home in Sarasota, Florida, surrounded by photos and memorabilia from four decades performing their aerial act in circuses and exhibitions all over the world. Their stage name was "Francarro and Estreleta."
Mitchell Hartman/Marketplace

Cost of living adjustment ticks up, barely

Oct 18, 2016
COLA will increase 0.3 percent in 2017. Social Security payments remain flat.
401(K) 2012/Flickr

Retirement won't be comfortable for many retirees

May 23, 2016
A new study from Bankrate.com says we're not saving nearly enough.
To retire comfortably, seniors need to replace about 70 percent of their pre-retirement income, according to financial experts.
401kcalculator.org via Flickr