Increase your income: The maximum taxable earnings limit, or wage cap, is the highest income subject to Social Security taxes ...

In its simplest form, Social Security's COLA is the mechanism used to tie benefits to inflation. If, for example, the price for a regularly purchased basket of goods and services by seniors ...

The latest estimate of Social Security's cost-of-living adjustment for 2025 rose to 3% after the government reported hotter-than-expected inflation in March, new calculations showed Wednesday.

According to the 2022 annual report from the Social Security board of trustees, Social Security’s cash reserves will be fully depleted by 2034 — one year earlier than their 2020 report indicated.

The system then describes the optimal strategy. You can also use calculators on Social Security’s website to estimate your PIA and benefits at various starting ages, which can help you determine ...

Here’s what you need to know. Social Security's trust funds are projected to be depleted by 2033, at which point retirees would see a significant cut to their benefits if the program isn't reformed.

Social Security paid benefits to 65 million recipients in 2021. Since 2010, the system has been bringing in less revenue than it pays out in benefits and covering the shortfall with its reserves.

Voters Should Think Harder About Social Security Losses if Republicans Win Ironically, in spite of Social Security’s popularity — 83% of Democrats, 73% of independents, and 73% of Republicans ...

Younger workers may qualify for SSDI with fewer credits. You must also have a medical condition that meets Social Security’s definition of disability. Social Security Disability Insurance (SSDI ...

What is Social Security's cost-of-living adjustment (COLA) and how is it calculated? In its simplest form, Social Security's COLA is the mechanism used to tie benefits to inflation. If ...

Retirees must earn Social Security’s maximum taxable income for 35 years to receive the highest benefit. The cap, which is the amount of earnings subject to Social Security tax, is $168,600 in ...