News
Social Security's main trust fund projected to run dry by 2032, raising questions about federal tax policy and benefits
4+ day, 47+ min ago (725+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Social Security's retirement fund could be depleted by late 2032, potentially cutting benefits by 22% unless Congress acts, per new trustees report
4+ day, 13+ hour ago (260+ words) Social Security's retirement trust fund will run dry in late 2032, triggering automatic benefit cuts that will reduce payments for about 70 million beneficiaries, according to the 2026 annual report from the Social Security Board of Trustees released Tuesday. When the Old-Age and…...
Social Security's main trust fund is expected to run out of reserves by late 2032, forcing automatic benefit cuts without congressional action, according to new trustees report.
5+ day, 48+ min ago (497+ words) Social Security's primary trust fund is now projected to run out of money by late 2032, one year earlier than previously forecast, according to the 2026 Trustees Report released June 9, 2026. If Congress fails to act, the automatic shortfall will trigger a 22% cut…...
Trust funds projected to run out in 6 years, threatening automatic benefit cuts for millions
6+ day, 13+ hour ago (500+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Millions of retirees see monthly Social Security payments rise by average of $56 with 2. 8% cost-of-living increase
1+ week, 13+ hour ago (512+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
House Speaker Mike Johnson's push to overhaul Social Security and Medicare sparks alarm among Republicans and Democrats alike
1+ week, 1+ day ago (259+ words) House Speaker Mike Johnson faces growing pushback from Senate Republicans over his call for Social Security reform, with GOP lawmakers warning that the proposal sends the wrong political message heading into November elections. Johnson made his remarks on the Moon…...
New government report projects Social Security retirement fund will deplete in late 2032, triggering automatic 22% benefit cuts unless Congress acts
1+ week, 1+ day ago (355+ words) Social Security's retirement trust fund will run dry in late 2032, according to the program's trustees report released on June 9, 2026, accelerating the insolvency date by one year and signaling an urgent need for congressional action to avert automatic benefit cuts. The…...
The Social Security Administration plans to complete its transition to electronic payments by the end of 2026, phasing out paper checks entirely.
1+ week, 2+ day ago (517+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Financial experts recommend budgeting, automation, and emergency funds as top ways to save more in 2026
1+ week, 3+ day ago (266+ words) Financial experts are sharing proven strategies for saving money in 2026, emphasizing automation, emergency fund building, and locking in today's higher savings rates before they decline. As Americans face economic uncertainty, financial counselors and wealth advisors are offering actionable steps to…...
Lawmakers introduce bipartisan bill to establish commission addressing Social Security's projected 2032 trust fund depletion
1+ week, 3+ day ago (747+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...