WASHINGTON, Dec 10- The modest $85 billion U.S. budget deal reached in Congress on Tuesday gives both Democrats and Republicans something to brag about. But airline travelers, newly hired federal employees and some military retirees would lose out in the agreement to be presented to Congress for approval in the next two weeks.» Read More
President Obama's proposal to slow Social Security spending by calculating cost-of-living increases differently has given conservatives and liberals something in common: they hate it.
Thanks to Social Security's complex rules, many recipients find out how to maximize their benefits only after it's too late to change their elections.
Robert Romasco, President of AARP, defends the organizations stand on social security reforms and the impact of entitlement program on the nation's growing deficit problem.
Claims that reform would boost the economy are challenged by those who say costs in job losses and spending on social programs would be too high a price.
President Barack Obama is expected to formally propose a controversial change in how the government calculates inflation for Social Security and other federal benefits.
President Barack Obama's budget plan would change how increases in Social Security benefits are calculated. Experts say that could be devastating to recipients who need cost-of-living adjustments to survive.
A new survey finds Boomers' fears about finances have abated, with nearly a quarter of them feeling more secure than they did 12 months ago.
President Obama is warning that it may be impossible to reach a deal with Republicans on trimming the budget deficit.
Pope Benedict XVI's retirement package – the first the Vatican has offered in almost 600 years – is a sweet deal by the average American senior's standards.
A new study found that Americans support increases in payroll taxes and taxing higher incomes for Social Security, but want minimum benefits and cost-of-living adjustments to be increased too.
CNBC's John Harwood reports House Republicans are going to propose to extend the debt limit until April 15; and Max Richtman, National Committee to Preserve Medicare; and Bill George, Harvard Business School professor, debate whether eligibility for these programs should be raised to age 70.
What happens if the U.S. does not get the spending cuts, and where is the U.S. economy headed in the next 10 years? Alan Simpson of the Fix the Debt Campaign, provides perspective.
CNBC's Eamon Javers explains why the agency needs more money.
Peter Keith, Piper Jaffray analyst, explains how the payroll tax is impacting Americans' income.
CNBC's Eamon Javers explains why Social Security needs more of your money.
The Social Security Administration has taken back a reprimand it gave to an employee who was written up for "passing gas and releasing an unpleasant odor" that created a "hostile work environment."
Would you consider this a hostile work environment: The Social Security Administration reprimanded an employee whose co-workers said he continuously passed gas.
"Social security is the best-funded government program," says David Cay Johnston, a pulitzer prize-winning reporter and author of several books on corporate and government policies.
Bill Frezza, Competitive Enterprise Institute fellow, explains how the rise in single family households will eventually impact entitlement programs such as Social Security and Medicare.
Looking for a second career--or a new one? Here are six jobs to ride America's "age wave."