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Social Security

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  • CHICAGO, March 12- If you are counting the days to retirement because you hate your job, career expert Kerry Hannon has a message for you: "Stick with it." An annual survey on retirement by the Employee Benefit Research Institute consistently finds that about half of workers retire earlier than they expected- and that job burnout is a key factor.

  • Tax hint: The IRS knows you're not 113 years old Wednesday, 11 Mar 2015 | 2:53 PM ET
    International Zombie Day partcipants

    Due to bad records, some Social Security numbers for people age 112 and older are still listed as alive—and some claim to be working.

  • BEIJING, March 10- China's pension fund will come under tremendous pressure to break even in coming years and as such, the government needs to gradually raise the official retirement age to salvage the finances, a top official said on Tuesday. Analysts have long warned about China's state pension crisis and the severe funding shortage, with some estimating that...

  • How to stop running out of money in retirement Wednesday, 4 Mar 2015 | 10:22 AM ET

    The recommendation that people should put more money aside in investments is bleeding savers dry. The NYT reports.

  • YOUR MONEY-The silent struggle of seniors with debt Thursday, 26 Feb 2015 | 11:06 AM ET

    NEW YORK, Feb 26- When Wanda Simpson reached retirement a couple of years ago, the Cleveland mom had an unwelcome companion: Around $25,000 in debt. New data reveal that Wanda Simpson has company- and plenty of it. Among families headed by those 55 or older, 65.4 percent are still carrying debt loads, according to the Washington, D.C.- based Employee Benefit Research...

  • That is good news for patching up household balance sheets damaged by years of lost employment and savings, and also for boosting future Social Security benefits. Social Security is a benefit you earn through work and payroll tax contributions. Your Social Security benefit is calculated using a little-understood formula called the Primary Insurance...

  • Chicago, Jan 21- Remember Mitt Romney's huge IRA? I found plenty to like in the proposals, with one big exception: the failure to endorse a bold plan to expand Social Security. Yes, that is just another idea with no chance in this Congress, but Democrats should give it a strong embrace, especially in the wake of the House's adoption of rules this month that could set the...

  • NEW YORK, Nov 5- Having your own tax-deferred retirement account is a bit like having one of those self-titrating morphine buttons that hospitals use: Press it whenever you need quick relief. That's especially true for early retirees trying to decide when to start Social Security, how to pay for health care and more. If you are buying your own health insurance via...

  • WASHINGTON, Oct 22- The U.S. government will increase benefits for the swelling ranks of American retirees by 1.7 percent next year, the Social Security Administration said on Wednesday. The cap on earnings subject to Social Security taxes will also rise in January, based on the increase in average wages, the administration said. Workers will pay Social Security...

  • How much more you'll get in Social Security next year Wednesday, 22 Oct 2014 | 8:45 AM ET

    Monthly benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announces.

  • Time to retire Social Security numbers? Thursday, 14 Aug 2014 | 2:19 PM ET
    Social Security

    Credit cards are in focus after recent data breaches, but a real culprit in ID theft is the SS number, says the chief analytics officer at LifeLock.

  • Medicare & Social Security outlook   Monday, 28 Jul 2014 | 2:54 PM ET
    Medicare & Social Security outlook

    CNBC's John Harwood reports the details from the Social Security & Medicare Trustee Report, which informs Medicare will have sufficient funds until 2030, and disability insurance within social security will be insolvent in late 2016.

  • Main Medicare fund to run out of money in 2030 Monday, 28 Jul 2014 | 1:33 PM ET

    Slower growth in healthcare spending is shoring up the funding outlook for the federal Medicare program that covers hospital bills for the elderly.

  • Social Security: 'Politics' third rail   Monday, 7 Jul 2014 | 8:39 AM ET
    Social Security: Touching the third rail of politics

    Former Sen. Bob Kerrey, (D-Neb.), shares his thoughts on raising the eligibility age for receiving full social security benefits. I'd probably raise it to 68 or 69-years old over the course of 30 thirty years, says Kerrey.

  • A crisis of GM proportions is coming: Andrew Tisch Wednesday, 25 Jun 2014 | 1:07 PM ET
    Andrew Tisch speaks on stage during the 2014 City Parks Foundation Gala in Central Park, June 3, 2014 in New York City.

    A crisis of GM proportions awaits the US if we don't fix some big problems like tax reform and Social Security, says Loews co-chair Andrew Tisch.

  • Retirement savings fears grip Americans Monday, 9 Jun 2014 | 10:45 AM ET

    Americans are worried about their retirement savings, as the once-dependable foundation has crumbled. The Fiscal Times reports.

  • The entitlement program that’s about to dry up Wednesday, 21 May 2014 | 11:22 AM ET

    As the program's funds dry up and its insolvency hovers less than two years away, Congress remains quiet on the issue.

  • 3 financial pitfalls facing same-sex couples Sunday, 18 May 2014 | 10:03 AM ET

    Married same-sex couples are recognized by the federal government and some states, but couples still must watch for pitfalls.

  • High fees eroding many retirement accounts Saturday, 12 Apr 2014 | 4:52 PM ET

    A new study finds that the typical 401(k) would erase $70,000 from an average worker's account over a four-decade career.

  • The US is going through old records and can now seize tax refunds of the children of people it overpaid on Social Security.