If you rely on Social Security payments, you’re receiving a much-needed raise. Social Security and Supplemental Security Income (SSI) is increasing benefits by 5.9%, the largest increase in 40 years.

The financial future of the more than 70 million Americans who receive Social Security benefits is slightly more secure than anticipated: The trust fund reserves used to pay beneficiaries are ...

That’s the year that Americans born in 1966 will turn 67. Benefits would be cut if Social Security fund is depleted Once the fund is depleted, Social Security benefits would be cut by 22% unless ...