The number of people collecting Social Security survivor benefits in the U.S. has dropped by nearly 50,000 over the past year. The Social Security Administration (SSA) delivers survivor benefits to nearly 6 million people each year.

President Donald Trump's mass deportation plans could have a significant economic side effect: draining Social Security funding.

Social Security recipients are allowed to collect benefits while working. Once full retirement age arrives, you can earn any amount of money without risking having benefits withheld. But prior to that point, you'll be subject to an earnings-test limit.

The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of the previous year. In that sense, COLAs are a reimbursement mechanism to compensate retirees for the buying power benefits lost in the previous year.

The bad news is that you'll lose spousal benefits once you're no longer married, but you could be entitled to a different type of benefit. You'll only qualify for spousal benefits if you're currently married to someone who is entitled to either retirement or disability benefits.

If Social Security reserves are depleted by 2033, as predicted, future benefits could be cut by as much as 21%. Here’s how to weather the impending storm.

President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and Windfall Elimination Provision rules. Biden touted the bill as a way

Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.

Checks are issued throughout the month, based on the recipient's birth date or the duration of time they have been receiving benefits.

More than half of working adults say they expect to rely on Social Security when they retire, but nearly 3 out of 4 are concerned they will not receive them. Consumer Investigator Rachel DePompa talks to Bankrate about ways to save for retirement.

Deciding when to claim Social Security benefits is one of the most critical financial decisions retirees face.

As an American taxpayer, you’ve likely heard about Social Security your entire working life, and perhaps even bemoaned the amount of taxes that are subtracted from your paycheck. However ...