The Social Security Administration's annual cost-of-living adjustment will go up by 2.8% in 2026, translating to an average increase of more than $56 for retirees every month, agency officials said Friday.

U.S. News & World Report: Sharona Hoffman, the Edgar A. Hahn Professor of Law and co-director of the Law-Medicine Center, highlighted fairness concerns surrounding the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduce ...

Some seniors say the Social Security Administration's cost-of-living adjustment won’t help much in their ability to pay for their daily expenses. The agency announced Friday the annual cost-of-living adjustment will go up by 2.

I retired from the federal government 10 years ago under the Civil Service Retirement System program. I applied for my Medicare before the three-month timeframe. I was told that I would not receive monthly Social Security payments because I don't have 40 ...

You've probably read multiple headlines about changes to Social Security, or maybe you're about to retire and wondering if your payments will cover expenses.

If you've been on Social Security for a while, you probably know that 2025 hasn't been a typical year for the program. Normally, the only time Social Security changes is with the annual cost-of-living adjustment (COLA). The government announces this in October, and it takes effect with the December payment, which goes out in January.

Question: “I will turn 73 this month. I have two IRAs, a Roth, a 401(k), and two 403(b)’s, totaling over $1 million. I am fortunate to have a decent pension, and even with the Windfall Elimination Provision, I can still get a small sum after my ...

A Social Security 'war room,' threats to shut the agency, worker buyouts and a restraining order - here's a timeline of what has taken place so far this year Millions of Americans rely on Social Security for a majority of their retirement income.