Millions of Social Security beneficiaries are preparing for the next payment date on Wednesday, June 17, 2026. The Social Security Administration uses a staggered schedule for most retirement, disability and survivor benefits, with payment dates generally determined by the beneficiary’s birthday. The June 17 payment applies to one group of recipients, while others were paid … Read more
Seniors waiting for the 2027 Social Security cost-of-living adjustment may have reason to expect a larger increase than earlier forecasts suggested. The latest estimate from The Senior Citizens League places the 2027 COLA at 3.8%. That projection is slightly lower than the group’s previous 3.9% estimate, but it remains well above the 2.8% forecast given … Read more
A key Social Security trust fund used to pay retirement benefits may be depleted in late 2032, according to the latest annual trustees report from the Social Security Administration. The new projection moves the deadline about three months earlier than last year’s estimate. If the Old-Age and Survivors Insurance trust fund runs out as projected, … Read more
Many financial experts advise Americans to delay claiming Social Security benefits until full retirement age or even age 70. The reason is simple: the longer you wait, the higher your monthly benefit can be. For people born in 1960 or later, full retirement age is 67. Claiming at 62, the earliest age allowed, can permanently … Read more
Social Security is facing a growing financial warning as the program’s trust fund is now projected to run short by 2032. According to the latest outlook released on June 9, 2026, incoming revenue may cover only about 78% of scheduled benefits once the trust fund is depleted. That means retirees and other beneficiaries could face … Read more
Social Security beneficiaries may receive a larger cost-of-living adjustment in 2027 as inflation continues to place pressure on household budgets. New estimates suggest the Social Security COLA for 2027 could range from 3.8% to 4.7%, depending on how consumer prices move in the coming months. One estimate from independent Social Security and Medicare policy analyst … Read more
Social Security retirees could face a 22% benefit cut if Congress does not act before the program’s retirement trust fund runs short of reserves, according to new government projections. The latest Social Security and Medicare Trustees Report estimates that the Old-Age and Survivors Insurance trust fund could exhaust its reserves in late 2032. That is … Read more
Millions of Americans are paying close attention after the latest Social Security trustees report warned that the trust fund supporting retiree and survivor benefits may run short earlier than expected. According to the report, the Old-Age and Survivors Insurance trust fund, known as OASI, could begin depleting by the fourth quarter of 2032 if Congress … Read more
Social Security recipients could see a bigger monthly benefit increase in 2027 if inflation remains elevated through the rest of the year. A new forecast from The Senior Citizens League estimates that the 2027 Social Security cost-of-living adjustment could reach 3.8%. If that prediction becomes reality, it would be higher than the current year’s 2.8% … Read more
A Social Security field office in Decorah, Iowa, has reopened after being closed for months because of staffing shortages. The reopening brings relief to local residents, especially seniors and people with disabilities who depend on in-person Social Security support. The office had been closed for around six months after the last staff member retired. Its … Read more