The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).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

As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...

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

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 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.

Social Security Board of Trustees Annual Report warns of an accelerated timetable for trust fund depletion and potential benefit reductions that could significantly impact ...

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

The trust fund behind many Americans' monthly Social Security benefits could be depleted in the next decade, leading to cuts in benefits of up to 23%. A: A six-member board made up of the Treasury, ...