KEY TAKEAWAYS A proposal to cap Social Security benefits at $100,000 annually for couples could save the program billions of dollars.There are varying cap options that offer different levels of savings and benefit impacts,

Sometimes, when government agencies are slow to release information, there’s a reason for it. It’s unclear as to why the most recent Social Security Trustees Report was so late, but that’s not such a common occurrence.

Higher-income Americans should pay more into Social Security to keep the program solvent enough to continue paying full benefits to beneficiaries, according to former Social Security Administration Commissioner Martin O’Malley.

Without action, retirees face a 22% benefit cut in less than seven years. Here are four options Congress could consider.

WASHINGTON — Former Social Security Commissioner Martin O’Malley is calling on Congress to take action to shore up the nation’s retirement program, arguing that raising the cap on income subject to Social Security payroll taxes could help address the system’s looming financial challenges.

Social Security's trust funds are dwindling due to an imbalance between the number of seniors claiming benefits and the number of workers paying into the program. The baby boomer generation increased the number of beneficiaries to new levels,

Metrics shared recently by the Social Security commissioner are promising, but some experts aren’t buying them.

Social Security's 75-year funding gap just jumped to 4.42% of taxable payroll after trustees abandoned their baby boom forecast.

The crucial federal program faces an urgent solvency crisis.