Personal Finance Buzz

The past couple of years I've heard from quite a few folks who are living on social security and were upset to find out that they wouldn't be getting cost of living adjustments. In 2012 They will.

Each year, the US government updates the social security contribution limits and for 2010, there is no change from 2009. We have compiled a short history to give you perspective.

What is the Social Security retirement age? Keep working to enjoy the maximum Social Security benefit and increase your retirement income down the road.

President Obama is looking to pass a tax cut on social security that reduces the social security payroll taxes by two percent for each employed worker in 2011.

Have you ever wondered how Social Security works? It’s actually a somewhat complex system established by the 1935 Social Security Act due in part to the Great Depression.

When people use the term social security they are actually referring to the social insurance program, the Federal Old-Age, Survivors, and Disability Insurance program established by the Social Security Act of 1935.

The Social Security program is funded by the social security tax that is paid by working Americans and their employers pay. How much is this tax?