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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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.
Employees work on a speaker assembly line in Fuyang in China's eastern Anhui province. It's been getting costlier for employers in China to hire workers.
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Social Security has funding problems. How do we fix it before benefits are cut?

Jun 12, 2023
The trust fund supplementing income taxes could run dry within 10 years. Dennis Jansen of Texas A&M suggests reforms.
About 67 million Americans receive Social Security income.
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What happens to benefit checks if there's no deal on the debt ceiling?

May 23, 2023
Supplemental Security Income payments and veterans 'payments could be among the first checks to be delayed.
Speaker of the House Kevin McCarthy is scheduled to meet with President Joe Biden to continue debit limit negotiations. Experts agree that a default would cause a massive pause on regular government payments to individuals in need.
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Will we ever run out of Social Security numbers?

Mar 10, 2023
With 1 billion possible combinations, we still have decades before they’re used up.
Your Social Security number is yours even after 'til death do you part.
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What's behind the larger Social Security checks?

This month Social Security checks went up by an 8.7% cost of living increase. But what happens to social security in the future?
Marketplace Senior Economics Contributor Chris Farrell outlines the benefits of this month's boost to government retiree benefits.
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