Old-Age and Survivors Insurance
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Business
Social Security 2027 COLA Hits 3.6% as Trust Fund Nears 2032 Cliff
The Social Security Administration announced Wednesday that beneficiaries will receive a 3.6% cost-of-living adjustment in 2027, the largest annual increase…
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Business
Social Security 2027 COLA Set at 3.6% for 76 Million Americans
The Social Security Administration confirmed Wednesday that beneficiaries will receive a 3.6% cost-of-living adjustment in 2027, translating to an average…
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Business
Social Security Insolvency Looms in 2032 as SSA Focuses on Data Cleanup
Frank Bisignano, who simultaneously serves as Social Security Administration commissioner and IRS CEO, stated Monday that the federal retirement program…
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Business
Social Security’s 2032 Deadline Puts Tax Caps and a $1.5 Trillion Fund on the Table
WASHINGTON — Created in 1935 under President Franklin D. Roosevelt, Social Security operated for decades on a cash-flow basis. Four…
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