The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.

The Social Security Administration is about to get a new commissioner, but that's only the latest of a series of changes at the agency since the inauguration of President Donald Trump.

Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...

Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...

The Social Security system in the United States is undergoing significant transformations, impacting millions of Americans.

Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...

Social Security Board of Trustees Annual Report warns of an accelerated timetable for trust fund depletion and potential benefit reductions that could significantly impact ...

The negative outcomes of this law, visible in the advancement of Social Security's fund depletion, will impact policy for decades. Social Security Fairness Act Could Slash Beneficiary Payments by ...

The trustees calculate this earlier depletion date in part because of a law Congress passed late last year to expand Social Security benefits to some workers who previously did not receive them.

BP Plc paid £1.25 billion ($1.6 billion) in taxes to the UK government in 2024, with about a third of the payments a result of the country’s windfall charge. The figure was disclosed in newly released ...

Chancellor Rachel Reeves told a fossil fuel giant that the industry would receive a “quid pro quo” in return for higher taxes on its windfall profits, DeSmog can reveal. In a meeting with the ...