Lawmakers have options they can explore to prevent an unwanted scenario. But it's important to brace for cuts if you're ...

Key Points Social Security is at risk of having to cut benefits in less than a decade.There's a good chance lawmakers will do ...

With cuts to Social Security Administration staff looming, beneficiaries should expect a lag in service and may want to start putting money aside to help pay the bills, former agency commissioner ...

More than three-quarters of Americans fear Social Security won't provide enough to live on when they retire, AARP study finds ...

Retirement consultant reveals the impact of trust fund depletion and offers creative solutions beyond traditional approaches ...

Social security restructuring via Trump, Musk and DOGE includes significant job cuts and office closures, impacting service delivery. Alton Telegraph Logo Hearst Newspapers Logo Skip to main content ...

If benefits are reduced, it would require $138,000 in additional savings to generate the same income, PensionBee found.

Social Security cuts aren't set in stone. But at this point, everyone needs to plan for them. The sooner you do, the less of a blow they might deal to your retirement finances.

Updated February 28, 2025 at 16:35 PM ET. The Social Security Administration (SSA) announced Friday that it aims to cut some 7,000 jobs to align with an executive order from President Trump to ...

Social Security Gives Update on DOGE Cuts. Published Apr 08, 2025 at 7:14 AM EDT Updated Apr 08, ... which represents more than 42,000 Social Security workers, said regarding job cuts: ...

Mar. 12—Many government agencies are undergoing evaluations and budget cuts as the second Trump administration enters its third month, and the Social Security Administration is no exception.

With cuts to Social Security Administration staff looming, beneficiaries should expect a lag in service and may want to start putting money aside to help pay the bills, former agency commissioner ...