Frank Bisignano, chief executive officer of the Internal Revenue Service (IRS), during a House Ways and Means Subcommittee on Social Security hearing in Washington, DC, US, on Wednesday, June 10, 2026. Tierney L. Cross | Bloomberg | Getty Images Internal Revenue Service CEO Frank Bisignano dismissed allegations that he spied on his fellow executives while…
Franckreporter | E+ | Getty Images Artificial intelligence has prompted concerns that workers — particularly young professionals — could be replaced by advancing technology. Yet signs are emerging that older workers are also affected, according to a new paper from the Center for Retirement Research at Boston College. Workers aged 55-plus in AI-exposed industries are…
A person holds a sign reading “Save Our Social Security” during a rally against President Donald Trump’s tax plan, near the U.S. Capitol in Washington, April 10, 2025. Bryan Dozier | Afp | Getty Images Washington lawmakers have a new deadline by when to fix Social Security‘s retirement trust fund, based on a new annual…
Johner Images | Johner Images Royalty-free | Getty Images Americans are increasingly worried that retirement will be less secure for them than it was for their parents. About 76% of workplace savers surveyed said they believe their generation will have less certainty about retirement income than previous generations, according to a new BlackRock survey. The…
Dny59 | E+ | Getty Images Social Security‘s trust funds may have a bit more runway than expected, according to new long-range projections by the Penn Wharton Budget Model, shared exclusively with CNBC. The trust fund Social Security relies on to help pay retirement benefits — Old-Age and Survivors Insurance, or OASI — may be…
A customer shops for produce in an H-E-B grocery store in Austin, Texas, May 11, 2026. Brandon Bell | Getty Images Consumer prices rose in May, pushing the annual inflation rate to its highest level in three years, according to new government data. That points to a 4.7% Social Security cost-of-living adjustment for 2027, according…
Frank Bisignano, chief executive officer of the Internal Revenue Service (IRS), during a House Ways and Means Subcommittee on Social Security hearing in Washington, DC, US, on Wednesday, June 10, 2026. Tierney L. Cross | Bloomberg | Getty Images Social Security Administration Commissioner Frank Bisignano told Congress on Wednesday that the agency has improved one…
A sign for the Senior Community Service Employment Program at the AARP Foundation in Harrisburg, Pennsylvania, May 18, 2017. Laurie Kellman | AP Ronald Williams was unemployed when a friend recommended a local jobs program for older workers. After he completed training with Goodwill in 2024, Williams quickly landed a job as a custodian —…
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images New government data showing rising inflation points to a higher Social Security cost-of-living adjustment for 2027, according to new forecasts. The Social Security COLA may be 4.2% amid “sharply rising” gasoline,…
A customer pumps gas into their vehicle on Oct. 24, 2025 in Miami, Florida. Joe Raedle | Getty Images The Social Security cost-of-living adjustment for 2027 could climb higher as new government data shows a jump in inflation and gasoline prices, according to one new estimate. The cost-of-living adjustment, or COLA, could be 3.2% in…
