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Social Security Benefits

Retiring baby boomers are cashing out on their decades of paying into Social Security. The problem? Social Security is no longer running a surplus, worrying many that the entitlement program is in trouble.

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Sophia and Jacob top list of most popular baby names of 2011updated: Mon May 14 2012 15:16:00

For the 13th year in a row, Jacob was the most popular name in 2011 for newborn boys in the United States, according to rankings released by the U.S. Social Security Administration.

Supreme Court rejects damage claim in HIV privacy caseupdated: Wed Mar 28 2012 17:14:00

A divided Supreme Court ruled Wednesday against a California pilot who sued after the federal government publicly revealed his HIV status.

80-year-old voter shares ID troublesupdated: Mon Mar 26 2012 12:16:00

Joy Lieberman is concerned over troubles getting a photo ID to vote.

A national ID card that protects voting rightsupdated: Mon Mar 26 2012 12:16:00

In December, the U.S. Department of Justice intervened under the Voting Rights Act to stay a South Carolina voter ID law.

"Imagine a day without a Mexican"updated: Sat Mar 03 2012 19:01:00

Are undocumented Mexicans "financial refugees" or "financial fountains"? Columnist Charles Garcia discusses the topic.

Imagine a day without a Mexicanupdated: Sat Mar 03 2012 19:01:00

One day, California wakes up and every single Latino has inexplicably disappeared. No business owner, doctor, nurse, soldier, teacher, entertainer, athlete or politician can be found. No bus driver, farm worker, cook, gardener or nanny. All gone. California -- the ninth largest economy in the world -- grinds to a halt because Latinos have vanished. Chaos and tragedy follow. This scenario is what Sergio Arau's satiric film, "A Day Without a Mexican," explores.

Social Security and Medicare reform can't wait updated: Wed Feb 15 2012 09:53:00

This week, Americans were confronted -- yet again -- with more of the same refusal by President Barack Obama to take on the greatest long-term threat to our economic and health care security. Consistent with his track record, the president's annual budget proposal offers no credible reforms for our entitlement programs that will ensure their solvency in the years to come. Instead, his budget reflects the same disregard he demonstrated last month, in his 7,000-word State of the Union address, in which only 40 words were used to talk about Social Security and Medicare.

CNNMoney: Tax cut talks: What's at stakeupdated: Tue Feb 14 2012 17:39:00

The current Congress has a habit of lurching from crisis to crisis, usually reaching a deal to avoid the unpleasantness du jour just before time runs out.

CNNMoney: Payroll tax holiday running downupdated: Thu Feb 02 2012 05:34:00

Despite bipartisan support on Capitol Hill for extending a temporary payroll tax cut for the rest of 2012, lawmakers have yet to close the deal.

CNNMoney: Playing payroll tax rouletteupdated: Tue Dec 20 2011 18:04:00

It's a little ridiculous to have to be writing this story.

Truth Squad: How healthy is the Social Security trust fund?updated: Sun Dec 11 2011 02:47:00

The statement: The Social Security payroll tax cut that President Barack Obama is seeking to extend "will cost the Social Security trust fund another $112 billion, and we don't have enough money this year in the Social Security trust fund to put out those checks -- which means we have to go to the general Treasury to get the money." -- Republican presidential candidate Rep. Michele Bachmann, at Saturday night's ABC News debate in Iowa. She added that the tax cut "blew a hole" in the trust fund.

CNNMoney: Payroll tax cut: What about Social Security?updated: Thu Dec 08 2011 08:04:00

In all the talk about whether to extend the Social Security payroll tax cut, a lot of the focus is on the economy: Will the recovery suffer if Congress lets it lapse?

CNNMoney: Payroll tax cut: What's at stakeupdated: Fri Dec 02 2011 10:04:00

Come January, will 160 million American workers owe a) more than; b) less than; c) the same as they've been paying in payroll taxes this year?

Pilot with HIV brings his privacy fight to the high courtupdated: Thu Dec 01 2011 18:29:00

High above San Francisco Bay, Stan Cooper can get away from it all in his private plane. His five-decade passion for flying once threatened to upend his personal and professional life -- because of his own mistakes, and those of the government. It is a tale of accountability, one the Supreme Court is poised to tackle with oral arguments Wednesday.

High court to decide HIV privacy caseupdated: Thu Dec 01 2011 18:29:00

A pilot with HIV sues over invasion of his privacy, a case the Supreme Court will decide, as Kate Bolduan reports.

CNNMoney: Senate Republicans lay out payroll tax cut planupdated: Thu Dec 01 2011 08:28:00

Senate Republicans on Wednesday released the outlines of their proposal to extend the payroll tax cut -- and it differs significantly from one put out by Senate Democrats.

Justices debate what damages are due for privacy violationupdated: Wed Nov 30 2011 16:20:00

The Supreme Court wrestled Wednesday with a familiar, if elusive, foe -- legislative intent -- when considering whether a California man should be compensated after the government violated his privacy by disclosing his personal medical history.

Congressman calls abuse claim 'false and shameful'updated: Sun Nov 20 2011 22:40:00

A Michigan congressman said Sunday that relatives are trying to blackmail him with decades-old allegations that he sexually abused a young cousin, an accusation he called "false and shameful."

Senate panel passes repeal of Defense of Marriage Actupdated: Thu Nov 10 2011 18:23:00

Democrats on the Senate Judiciary Committee voted Thursday to repeal the federal law that defines marriage as between one man and one woman.

New details emerge in case of people held captive in Philadelphiaupdated: Sat Oct 22 2011 08:39:00

Court documents obtained by CNN on Friday reveal disturbing new details about the prior conviction of the alleged ringleader of a group charged this week with imprisoning four mentally disabled adults in a dank Philadelphia boiler room.

CNNMoney: Millions mistakenly take education tax creditsupdated: Thu Oct 20 2011 16:06:00

More than 2 million Americans received education tax credits in error last year, according to a watchdog report issued Thursday, at a total cost to taxpayers: $3.2 billion.

CNNMoney: Social Security checks to rise 3.6%updated: Wed Oct 19 2011 14:30:00

Senior citizens will soon get their first raise in three years, the government announced Wednesday.

CNNMoney: Social Security payments to see first increase since 2009updated: Tue Oct 18 2011 18:10:00

Senior citizens are expected to get their first raise in two years.

Four things we learned from Thursday's GOP debate updated: Fri Sep 23 2011 08:38:00

Here are four things we learned from Thursday night's Republican Party of Florida/Fox News/Google debate in Orlando, the third GOP presidential debate in as many weeks:

'Shared sacrifice': Should Congress cut its pay, benefits?updated: Fri Sep 16 2011 20:43:00

Should members of Congress cut their salaries or raise the age at which they can draw a congressional pension when many Americans are making personal sacrifices during the country's prolonged economic crisis?

Should Congress take a salary cut?updated: Fri Sep 16 2011 20:43:00

Sen. Sherrod Brown on why lawmakers should agree to a salary cut.

CNNMoney: Rick Perry still conflicted on Social Securityupdated: Tue Sep 13 2011 09:29:00

Social Security is still the third rail of American politics.

All eyes on Social Securityupdated: Mon Sep 12 2011 23:20:00

With Rick Perry instantly assuming the top spot among candidates for the Republican presidential nomination, it is no surprise that nearly every other man and woman on stage with him at last night's debate took aim.

CNNMoney: Social Security pays millions to dead peopleupdated: Wed Sep 07 2011 12:34:00

While many Americans worry that the Social Security Administration won't have enough money left to pay their benefits when they retire, the agency is doling out millions of dollars to people who aren't even alive.

CNNMoney: National debt: Why entitlement spending must be reined inupdated: Tue Sep 06 2011 08:34:00

Medicare, Medicaid and Social Security are three of the government's most popular and relied upon programs.

CNNMoney: Rick Perry's love/hate relationship with Social Securityupdated: Tue Aug 30 2011 11:03:00

Rick Perry is not a fan of Social Security -- or is he?

CNNMoney: Social Security wrongly declares 14,000 people dead each yearupdated: Mon Aug 22 2011 13:41:00

More Americans are being erroneously killed off by the Social Security Administration every day.

CNNMoney: Debt deal protects Social Security in short-termupdated: Tue Aug 02 2011 10:04:00

Social Security is safe...for now.

CNNMoney: Seniors: We need our Social Security!updated: Sat Jul 30 2011 10:57:00

Don't you dare withhold our Social Security payments!

CNNMoney: Debt ceiling: Will I get my Social Security check?updated: Thu Jul 28 2011 15:17:00

Can the government afford to send out Social Security checks next week if the debt ceiling isn't raised?

CNNMoney: Social Security to panicked seniors: 'We don't know'updated: Thu Jul 28 2011 14:10:00

The risk of a U.S. default has incited panic among many older Americans, who are now calling the Social Security Administration to find out what's going to happen to their monthly benefits if the debt ceiling isn't raised by Aug. 2.

Veterans groups summoned to White House on debt ceiling impactupdated: Tue Jul 26 2011 11:17:00

Veterans advocacy groups have been called to the White House for a late afternoon meeting Tuesday to be briefed by Obama administration officials on the impact to veterans if Congress does not pass legislation raising the debt ceiling.

Fortune: 3 stealth tax trapsupdated: Fri Jul 22 2011 14:03:00

Congressional gridlock over whether to cut or raise income taxes is obscuring a different threat to six-figure earners: a host of stealth taxes implemented in the name of deficit reduction. Many of the provisions, as with the dreaded alternative minimum tax, have never been adjusted for inflation. As a result, they have morphed into tax traps for upper-middle-income earners. Here are three of the most glaring examples.

CNNMoney: Obama: Social Security checks 'not guaranteed'updated: Tue Jul 12 2011 15:17:00

President Obama issued a broadside Tuesday in the debt ceiling debate, saying in a high-profile interview that he cannot ensure government benefits -- including Social Security -- will be paid if Congress fails to act.

Money Magazine: Retiring early: Should I tap Social Security or savings?updated: Wed Jun 22 2011 12:07:00

If I retire early, how do I decide whether to take reduced Social Security benefits early or to delay payments and draw down on my savings? Is there some sort of "tipping point"? -- Douglas Goodman, Tacoma, Wash.

CNNMoney: AARP expects Social Security benefit cutsupdated: Fri Jun 17 2011 19:03:00

The AARP said Friday it expects Social Security benefit cuts to be part of a package to make the program solvent for the long run.

N.Y. race for House seat a preview of 2012?updated: Tue May 24 2011 07:00:00

This week, voters in New York's 26th Congressional District will go to the ballot box to replace Rep. Christopher Lee, who resigned after a scandal involving a photo of himself shirtless that he sent to a woman he met online.

New York congressional race tightensupdated: Tue May 24 2011 07:00:00

CNN's Kate Bolduan reports on why Democrats might pick up a "safe" Republican seat in New York.

CNNMoney: Federal workers facing more cutsupdated: Tue May 17 2011 06:12:00

Already enduring a two-year pay freeze, federal workers are once again in the crosshairs of a plan designed to cut government spending.

CNNMoney: Anatomy of a $500,000 credit card fraudupdated: Tue May 03 2011 05:40:00

Grisha Stpanov opened a credit card, charged up $20,000, but never paid it back.

CNNMoney: Hands off my federal benefits!updated: Mon May 02 2011 06:10:00

It just got a little harder for banks to seize money from accounts holding federal benefits like Social Security and disability checks.

Money Magazine: Do I have enough money to retire?updated: Fri Apr 15 2011 10:53:00

My wife and I are 62 years old, have about $1.6 million in retirement savings and $250,000 in discretionary funds. We have no mortgage or debt payments. I get $12,500 a year from a pension and we both work part-time.

CNNMoney: Obama urged to protect Social Securityupdated: Tue Apr 12 2011 18:24:00

The battle lines over Social Security are being drawn a day before President Obama delivers a major speech on the nation's long-term fiscal dilemma.

CNNMoney: Government shutdown: FAQsupdated: Fri Apr 08 2011 19:13:00

If Congress fails to approve a spending bill by Friday, the federal government will shut down. And boy, things aren't looking good.

Money Magazine: Retirement planning for you and your spouseupdated: Wed Apr 06 2011 16:53:00

Have you discussed your retirement plans with your spouse lately?

Money Magazine: Happy 65th birthday, boomers. Now what?updated: Thu Mar 10 2011 17:26:00

The first wave of of baby boomers -- including Cher, Steven Spielberg, George W. Bush, Bill Clinton, and nearly 3 million other Americans -- will turn 65 this year. If you're among those celebrating in 2011 or the next few years, you may be feeling a bit gloomy about a birthday that officially crowns you a senior citizen. You're too young to be old, right?

CNNMoney: Social Security needs to be fixed - So just do itupdated: Mon Mar 07 2011 05:24:00

Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.

CNNMoney: Shutdown: What you need to knowupdated: Sun Feb 27 2011 08:30:00

If Congress fails to approve a spending bill before midnight on March 4, the federal government will shut down.

CNNMoney: Social Security is safe in a federal shutdownupdated: Thu Feb 24 2011 07:06:00

What happens to Social Security if the government shuts down?

CNNMoney: Obama's cuts: Real deal or dud?updated: Fri Feb 11 2011 07:43:00

This much is a shoo-in: President Obama will spell out hundreds of billions in spending cuts in his 2012 budget request on Monday.

Boehner says Social Security reform should be consideredupdated: Wed Jan 26 2011 21:33:00

House Speaker John Boehner backed off Wednesday from a previous call to raise the eligibility age for Social Security benefits, but still described the idea as logical.

Government checks to go paperlessupdated: Tue Dec 21 2010 07:49:00

The U.S. government has decided on a date that it will stop mailing certain benefits checks.

Fortune: Is bipartisan debt-reduction for real?updated: Fri Nov 19 2010 05:43:00

The Republicans' midterm surge has given the federal debt-reduction commission -- whose recommendations are due Dec. 1 -- a chance to stand up and be counted. The panel is bipartisan, but as long as Democrats were able to have their way ultimately in both houses of Congress, Republican members had little clout. Now that the balance of power has shifted, the ideas of the panel's deficit hawks, such as Rep. Paul Ryan (R-Wis.), may get a bit more respect. Co-chairs Erskine Bowles (chief of staff for Bill Clinton) and Alan Simpson (former GOP senator from Wyoming) have offered a proposal, but it's only a draft. We'll know the commission blew its opportunity ...

CNNMoney: New deficit plan would cut $6 trillionupdated: Wed Nov 17 2010 16:50:00

The country got a little shock therapy last week when the co-chairmen of President Obama's debt commission offered their recommendations for curbing U.S. debt. One of their goals: reduce deficits by $4 trillion over the next decade.

CNNMoney: Democrats to push for $250 Social Security paymentupdated: Wed Nov 17 2010 07:41:00

When House Democrats return to Washington on Monday, a top priority will be putting a $250 dollar check in the mail to 58 million Social Security recipients.

CNNMoney: The great global belt-tighteningupdated: Thu Nov 11 2010 10:34:00

Life is getting tougher for the average worker, not just in America, but in other advanced nations around the globe.

Political ads: Fear and loathing on immigrationupdated: Thu Oct 28 2010 11:55:00

Nevada Republican Senate candidate Sharron Angle says in a campaign ad that Democratic incumbent Harry Reid is the "best friend an illegal alien ever had." According to her, he tolerates illegal people "sneaking" across the border and receiving "illegal Social Security benefits."

CNNMoney: Social Security: No 2011 increaseupdated: Fri Oct 15 2010 11:17:00

Social Security beneficiaries will see no increase in their benefit checks next year, the federal government said on Friday.

CNNMoney: Social Security: No 2011 increase expectedupdated: Mon Oct 11 2010 08:33:00

Chances are high that for the second year in a row Social Security beneficiaries will see no increase in their benefit checks.

Money Magazine: Retirement checklist: What to do from 35 to 55+updated: Wed Sep 22 2010 09:18:00

The road to retirement is littered with distractions. In the hurly-burly of life, so many things compete for your attention that you can lose sight of what really matters most.

Money Magazine: Beyond the 401(k): Seniors must work longerupdated: Wed Sep 15 2010 15:19:00

After 30 years studying pension systems around the world, Alicia Munnell knows what works -- and what doesn't. As head of the Center for Retirement Research at Boston College, she warned early on that 401(k) plans would fail to provide the level of income that retirees would need. Not many agreed with her at first.

CNNMoney: Taxpayers on the hook for $3 trillion in pensionsupdated: Thu Aug 19 2010 09:01:00

Even if the costly state pension system undergoes reform, taxpayers could get stuck with a hefty bill.

CNNMoney: Social Security: More going out than coming inupdated: Wed Aug 18 2010 18:49:00

It's official: Social Security will reach its tipping point this year.

Fortune: Useless: The Social Security trust fundupdated: Tue Aug 10 2010 11:24:00

There's real money in the world, then there's funny money -- stuff that looks real, but isn't.

CNNMoney: Job blues for gray-haired workersupdated: Fri Jul 02 2010 08:04:00

Companies are starting to hire again, but many are turning their backs on older job seekers.

Money Magazine: Bridge income gaps with an annuityupdated: Thu Jul 01 2010 16:33:00

Question: My husband recently retired and we are in the process of deciding how to invest the money in his 401(k). He and I both have good pension plans and I plan to work at least another five years. We have been advised to invest two-thirds of my husband's 401(k) assets in annuities, but I'm comfortable with putting only a third in annuities. Any advice? -- Jean, Omaha, Nebraska

CNNMoney: When will you get to retire?updated: Fri Jun 25 2010 11:22:00

Trying to reform retirement benefits has long made for combustible politics in Washington. Europe is no different.

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