Social Security News

Last year, 2012, marked the first year since 2009 that U.S. retirees saw a cost-of-living adjustment of +3.6 percent in their Social Security benefits.

A Lisbon man who used his own child's Social Security number in a scheme to illegally receive welfare benefits has been sentenced to four years in prison.

Adopting the chained CPI in Social Security to more accurately account for changes in the cost of living is a small first step toward fixing a broken program that is currently accelerating its own demise by paying excess benefits.

While most people realize that their personal creditworthiness is tracked on something called a credit report, few know much about it or their scoring system.

Federal Reserve chair Ben Bernanke is over austerity and, in typical Fed speak, did his best to convince the members of the Joint Economic Committee of Congress that just maybe their efforts would be better focused on creating jobs than crafting for more deficit-cutting policies.

The Kaiser Family Foundation released a report Monday showing that more seniors than previously thought are living in poverty.

Here is just one example: Among the many outrages that congressional Democrats have assigned to the sequester is that it could reduce the available slots in the Head Start program by as many as 70,000 children.

A banner attacking workfare in In the London May Day march last year. Photograph: Peter Marshall/ Peter Marshall/Demotix/Corbis So, millions of British workers are anxious and frustrated.

This account is a personalized online account that people can use beginning in their working years and continuing throughout the time they receive Social Security benefits.

The federal government no longer has a statue of limitations when it comes to collecting on debt that is owed to them.

Jason Richwine, who resigned from the Heritage Foundation May 10, was the co-author of a study that claimed granting legal status to the estimated 11 million illegal immigrants here would cost taxpayers $6.3 trillion over their lifetimes.

An Armwood High School student is accused of stealing the identities of dozens of people in order to collect debit cards in their names.

Typical Generation Xers now in their late 30s to late 40s saw their net worth drop by a larger proportion than older Americans during the financial crisis and came out of it less prepared for retirement than the post-World War II boomer generation, according to a new study.

Cancer patients were 2.65 times more likely to go bankrupt than people without cancer, according to a new study in Health Affairs .

The Indiana attorney general's office confirmed Monday it is investigating a security breach in which Social Security numbers and other personal information were posted online for roughly 44,000 low-income Americans who applied for a federal program that provides discount Internet and phone service.

The Internal Revenue Service hasn't been under such intense public scrutiny since the hearings in the 1990s that led to the Tax Reform and Restructuring Act of 1998 .

How times change. In 1942, the Beveridge report was launched to popular acclaim.

The rate of credit card payments at least 90 days overdue fell to 0.69 percent in the first quarter from 0.85 percent a year earlier - drop of nearly 19 percent, credit reporting agency TransUnion said Tuesday.

The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading.

The Great Recession saw unemployment rates double and the housing bust that proved far stronger and lasted much longer than anyone had expected.