One positive aspect of Social Security is that the program is set up to adapt to economic changes. Each year, for example, Social Security benefits are eligible for an automatic cost-of-living adjustment.

The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still face high prices.

Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision don't need to re-apply for money promised under new provisions.

The Social Security Fairness Act repeals two provisions that will give qualifying individuals more money and potential back payments. Here's what you should know.

Social Security's 2.5% cost-of-living adjustment (COLA) for 2025 was disappointing for many seniors. It added just $49 to the average monthly check, and that's not enough for a lot of households. Most U.

We carefully adjusted our living expenses so that we could be satisfied with less income compared to our working years. It also helped that we had some control over the hours we worked and that our work involved helping people. Both of these conditions helped us enjoy our semi-retirement more.

Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the program's trust funds. But both of those are in danger right now. The program's total costs became higher than its total income in 2021,

Regardless of whether you have just entered the labor force or left it a long time ago, there's a high probability you'll rely on your Social Security check, in some capacity, to

Qualifying for Social Security benefits in retirement generally goes something like this: Work and pay taxes on your income. Accumulate at least 40 work credits in your lifetime. Sign up for benefits whenever you want starting at age 62.

President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?

Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.

The average retired worker today collects $1,976 a month from Social Security. That amounts to just under $24,000 on an annual basis. But given the way inflation has driven living costs upward in recent years,