How would a government shutdown affect Social Security recipients?
The U.S. government could shut down on Wednesday if Congress fails to approve funding for federal agencies. Here's how that could affect Social Security recipients.
Social Security
Social Security to shift to fully electronic payments starting Sept. 30
The Social Security Administration is transitioning to electronic payments next week after 85 years of issuing paper checks to U.S. retirees.
New home sales hit 3-year high
Data shows sales of newly-built homes have jumped to the highest level in three years. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the jump.
Social Security COLA could increase 2.7% in 2026, new estimate shows
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
As Social Security turns 90, its problems are only mounting with age
As Social Security celebrates its 90th anniversary, concerns are growing over its funding and recent staffing cuts.
Social Security 2026 cost-of-living adjustment predicted to increase 2.7%
One advocacy group estimates that Social Security recipients will get a 2.7% cost-of-living increase in 2026.
How safe is our Social Security safety net?
The Social Security Administration was already at its smallest size in 50 years when, earlier this year, Elon Musk's DOGE team eliminated another 14% of its employees. Former Social Security Administration commissioner Michael Astrue says those in the Trump administration trying to drive change don't understand the system and could put benefits at risk. Correspondent David Pogue reports. [Originally broadcast April 13, 2025.]
When Social Security mistakenly overpays
Each year, about two million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Social Security backs away from plan to eliminate paper checks
The Social Security Administration had planned to eliminate all paper checks by Sept. 30. Now the agency says it will continue issuing checks as needed.
Growing share of retirees lean heavily on Social Security, AARP says
More than three-quarters of Americans fear Social Security won't provide enough to live on when they retire, AARP study finds.
Americans are holding off on retirement over money concerns, study finds
About 23% of people over 50 want to delay their retirements over financial readiness and economic worries, a survey found.
Does the "big, beautiful bill" eliminate taxes on Social Security?
President Trump pushed to eliminate taxes on Social Security. Does his "one big, beautiful bill" deliver?
How Trump's new spending law will impact taxes
Does President Trump's new economic law really wipe away taxes on Social Security and tips? CBS News MoneyWatch correspondent Kelly O'Grady dives into the fine print.
Half of all private-sector workers lack access to a retirement plan
Tens of millions of Americans are unable to save for retirement through their jobs. "That's not a gap — it's a crisis," one expert says.
Social Security's future amid aging population
Older Americans continue to outpace working-age adults, which could negatively impact the economy and the ability to keep the Social Security checks coming. Maurice DuBois and Kelly O'Grady have more.
Impact of Social Security depleted funds
A new projection shows Social Security is on track to deplete its funds for full payments earlier than previously forecasted. CBS News business analyst Jill Schlesinger breaks down how it could impact beneficiaries and how the problem can potentially be fixed.
Tips to prevent Social Security overpayments
Social Security overpays its recipients by billions of dollars every year — and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.
How Social Security's overpayment mistakes can be your responsibility
Each year, about two million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Social Security trust funds may deplete by 2034
Social Security could run out of funds to fully pay out benefits to millions of people in less than 10 years. CBS News MoneyWatch associate managing editor Aimee Picchi has the details.
Social Security insolvency date could hit a year earlier, report says
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.
New data on wage growth
Wage growth may be paying off more for those who are choosing to stay with their current employers instead of making a switch to a different company. Juliana Kaplan, a senior labor and inequality reporter at Business Insider, joins "CBS News Mornings" with more.
“Just hang up” on Social Security robocalls
Americans saw a dramatic increase in robocalls from scammers this year, despite regulators’ efforts to crack down on the problem. The Federal Trade Commission says the Social Security Administration is the number one government agency targeted by scam artists. In the first half of this year, people filed nearly 73,000 reports of Social Security imposters. Anna Werner reports on how you can protect yourself.
70-year-old widow can't afford to retire
Americans are telling CBS News about their struggles to make ends meet. A 70-year-old woman is out of work, but can't afford to retire on Social Security alone.
Trump on Musk: "I'm focused on my presidency"
Millions across the U.S. are closely watching the public unraveling of President Trump and Elon Musk's once-close relationship, but Mr. Trump says his focus is elsewhere. CBS News' Robert Costa and Aaron Navarro have the latest.
Social Security says 2.5 million retroactive payments processed so far
The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.
live updates
Government shutdown nears as Trump meets with congressional leaders
Congressional leaders are meeting with President Trump at the White House as Washington barrels toward a 2025 shutdown. Follow live updates here.
Exclusive
ICE officer seen on video pushing woman to ground has returned to duty
An ICE officer who was initially relieved of his duties after being captured on video pushing a woman to the ground has been returned to duty, two U.S. officials familiar with the matter told CBS News.
New details emerge about Marine veteran who attacked Michigan church
New details are emerging Monday about the gunman in a fatal attack on The Church of Jesus Christ of Latter-day Saints in Michigan.
Exclusive
Treasury Secretary Bessent hires new chief of staff, 2 sources say
The treasury secretary's current chief of staff, Dan Katz, is heading to the International Monetary Fund.
Trump and Netanyahu say they have a peace proposal for Gaza
The White House on Monday released a 20-point plan for peace in Gaza, which Israeli Prime Minister Benjamin Netanyahu said he supported.
Suspect in Charlie Kirk assassination appears in court remotely
Prosecutors have charged the man accused of killing Charlie Kirk with aggravated murder and plan to seek the death penalty.
How would a government shutdown affect Social Security recipients?
The U.S. government could shut down on Wednesday if Congress fails to approve funding for federal agencies. Here's how that could affect Social Security recipients.
Maps show Tropical Storm Imelda as it's forecast to become hurricane
Imelda is the ninth named storm of the 2025 Atlantic hurricane season and is expected to strengthen into a hurricane Tuesday.
Does Congress get paid during a government shutdown?
The possibility of a shutdown raises questions about what it would mean for lawmakers themselves — and their paychecks.