
When Social Security mistakenly overpays
Each year, about a million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Watch CBS News
Each year, about a million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
The nation's 72 million Social Security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation.
A Boston University economist says that people often don't understand the complexity of the system and the pitfalls that await them.
First, John Eastman on the GA conspiracy case. Then, an investigation into what happens when Social Security mistakenly overpays. And, a look at Hurricane Maria’s impact on Monkey Island.
The Social Security Administration is trying to recoup billions in overpayments, telling retirees and disabled workers to pay up over miscalculated benefits.
The nation's system of Social Security and private savings leaves Americans less secure in retirement than residents of many other nations, a new study finds.
With Social Security's annual cost-of-living adjustment less than half of the 2023 boost, seniors are at risk of losing ground, experts say.
The Social Security Administration said its 2024 cost-of-living adjustment will be 3.2%, a much smaller bump than the 8.7% increase seniors and other beneficiaries received this year. Mark Miller, a contributor to The New York Times, joined CBS News to discuss the adjustment.
U.S. lawmakers reached a last-minute deal to avoid a government shutdown Saturday. If one had occurred, however, here's how that could have affected Social Security recipients.
According to a new survey from YouGov for Bankrate, 56% of Americans feel they are falling behind on saving up for their post-work lives.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Retirement program's reserves are slated to be depleted in 2033. New analysis says senior poverty could surge as a result.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
Never-before-seen video from January 6 shows lawmakers in hiding, seeking help to stop the riot; California serial killer may also be connected to Chicago murders.
The Marmions' nonstop vacation began when they realized they didn't save enough to retire comfortably in the U.S. Carter Evans has their story.
The most recent inflation data could impact everything from your mortgage to Social Security benefits.
CBS News has learned a majority of Black children who have lost a parent could be missing out on federal survivor payments. Kids who qualify are eligible to receive about three-quarters of their deceased parent's Social Security benefits. CBS News White House reporter Bo Erickson has more.
President Joe Biden and House Speaker Kevin McCarthy announced late Saturday that they had reached an agreement in principle to raise the debt ceiling. Democratic House Minority Leader Hakeem Jeffries tells "Face the Nation" that he expects his caucus to vote for the deal because it "protects" Social Security, Medicare, Medicaid, veterans and the "American people."
The conservative Club for Growth tees off on Trump over Social Security in an ad filled with golf puns.
Republican lawmakers want the government to slash federal spending, which ballooned during the pandemic.
The U.S. could run out of money to pay its bills as soon as June 1 if a debt limit deal isn't reached. This could delay social security, medical and food assistance and potentially cost millions of jobs. Nikole Killion reports from Washington.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Disability applicants often turn to Social Security early retirement benefits — even though it could cost them tens of thousands of dollars in future income, lawyers say.
Seniors and other recipients of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
Congressional leaders met with President Trump at the White House as Washington barrels toward a 2025 shutdown.
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.
YouTube will pay almost $25 million to settle a lawsuit brought by President Trump for suspending his account — most of which will support a planned White House ballroom.
The treasury secretary's current chief of staff, Dan Katz, is heading to the International Monetary Fund.
A U.S. district judge in D.C. ruled that the U.S. Agency for Global Media cannot implement a reduction in force eliminating 532 jobs for full-time government employees.
Active-duty troops and National Guard members on missions will continue to work with the promise of back pay after Congress passes legislation to fund the government.
The White House on Monday released a 20-point plan for peace in Gaza, which Israeli Prime Minister Benjamin Netanyahu said he supported.
Imelda is the ninth named storm of the 2025 Atlantic hurricane season and is expected to strengthen into a hurricane Tuesday.
The possibility of a shutdown raises questions about what it would mean for lawmakers themselves — and their paychecks.