Tag: Social Security

The safety net program’s funds are expected to deplete sooner than previously projected, accelerating the personal cost for retirees.

The safety net program’s board of trustees projected that the funds will be exhausted one year sooner than previously expected.

Uncertainty and confusion about products, plan design and longevity all present obstacles to turning retirement savings into regular income.

The legislation aims to provide clarity for Americans deciding when to claim benefits.

With ‘enhanced technology,’ the SSA will now conduct an anti-fraud check on all phone applications for benefits. 

After receiving backlash from retiree advocates, the agency announced that all claim types can be completed over the phone once...

Many workers do not understand the benefits of delaying their claim of Social Security benefits and ‘full retirement age.’

The SSA extended, for two weeks, the launch of new identity-proofing requirements and made an exception for those applying for...

The restraining order was issued days before a nomination hearing for Frank Bisignano, Trump’s nominee for commissioner of the Social...

Starting March 31, Americans must visit a field office or use the internet to sign up for Social Security benefits,...

The agency plans to reduce its staff to 50,000 employees, in accordance with President Donald Trump’s executive orders to slash...

Starting this week, the Social Security Administration is making retroactive payments because of changes to the WEP and GPO, with...

The Alliance for Retired Americans and two union groups accused Secretary of the Treasury Scott Bessent of violating the privacy...

More than 7,000 people per day are trying to speak with Social Security Administration personnel about changes, with new information...

EBRI's Craig Copeland says, particularly for younger workers with long tenures in the DC system, Social Security and retirement plans...

Selection of Frank Bisignano suggests a focus on operational efficiency and administration over sweeping policy reforms.

From ESG investing in 401(k) plans to the solvency of Social Security, industry experts say the outcome of the election...

The 2.5% increase was anticipated by industry watchers amid lower inflation.

This projection for next year’s cost-of-living adjustment comes as the Consumer Price Index rose 2.5% over the last year, according...

The moves are part of a larger effort to streamline services.