The proposed Social Security 2100 Act aims to preserve benefits over the long run while changing the COLA formula to better ...

Social Security replaces about 50% of income for a $50,000 earner but only roughly 22% for a $200,000 earner due to a three-tier formula with bend points that cap benefits at higher income levels, ...

Social Security is supposed to be a lifeline for retirees to help seniors have some financial security once their paychecks stop. While benefits are not supposed to be the sole source of income for ...

Three levers explain why one retiree collects $5,181 monthly while another gets $1,200: your 35-year earnings history, your claiming age, and the combined effect of both factors. Filing at 62 instead ...

Re “A path to fixing Social Security” (July 12): The U-T editorial was correct in noting that several administrations were willing to kick the can down the road, rather than deal with the impending ...

After a long career of paying into Social Security, most people expect the number on their first retirement check to be final. It feels like the finish line after decades of work, and many retirees ...

Over 50% of current Social Security recipients have cut living costs because prices rise faster than their benefits. Benefits have lost around 20% of buying power since 2010 due to the COLA formula ...