Only high-income households have managed to build significant savings, and the Center for Retirement Research at Boston College says 52 percent of today's working-age households face the shock of declining living standards in retirement. "If you have a dollar to spend on retirement security, it's much better to spend it on Social Security than by spreading...» Read More
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 awaits the US if we don't fix some big problems like tax reform and Social Security, says Loews co-chair Andrew Tisch.
Americans are worried about their retirement savings, as the once-dependable foundation has crumbled. The Fiscal Times reports.
As the program's funds dry up and its insolvency hovers less than two years away, Congress remains quiet on the issue.
Married same-sex couples are recognized by the federal government and some states, but couples still must watch for pitfalls.
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.
Checks to Americans, for entitlements, welfare or other transfer payments, will make up 70 percent of all the money the government spends this year. Jared Bernstein, Center on Budget & Policy Priorities, and Jim Pethokoukis, American Enterprise Institute, provide perspective.
All generations of pre-retirees are facing some level of savings shortfall, but there are steps anyone can take to help build their 401(k).
President Obama has called for ending a tax loophole that costs Medicare and Social Security millions of dollars. Here's how it works.
By delaying payments, you can increase your yearly distribution by 8 percent. Diahann Lassus shares her advice on ways to maximize your Social Security distribution.
The White House said people hoping to enroll in health coverage for March 1 may have trouble applying near the deadline because of a planned shutdown.
The IRS says last year there was a 66 percent increase from 2012 in tax fraud from Social Security identity theft of nearly $50bln in refund claims.
Former NYC police, firefighters and other city workers faked mental disabilities to defraud Social Security benefits, NBC 4 New York reports.
The Obama administration says the government may not be able to pay its bills as soon as February if lawmakers do not raise the federal debt ceiling.
The Obama administration said budget negotiators in Congress would probably fail to strike a deal unless Republicans agree to raise revenues.
The history of federal health care is a tale of the hazards of presenting changes to consumers who might not want them. Take the 1989 Medicare law. The New York Times reports.
Republican efforts to stop Obamacare are a throwback to past efforts by former lawmakers to stop other federal entitlement programs. The New York Times reports.
CNBC's Eunice Yoon investigates the need for improved social safety nets, and the people who fall through the cracks.
CNBC's Sue Herera reports veterans who wait to claim Social Security benefits until they are 70 will increase their benefit by 8 percent a year. And 30 percent of veterans surveyed were unaware they could claim Social Security and military retirement at the same time.