For most current and future retirees, Social Security income isn't a luxury or optional. It's a source of income that most will rely on to cover their expenses as they age. In each of the previous 23 years,

The Social Security Administration announced Friday it's cutting 7,000 jobs, as Trump and Musk have claimed there's fraud at the agency.

In a surprising claim, President Donald Trump suggested that Social Security funds are being misallocated to individuals over 100 years old. But is there any truth to this assertion? Delve into the complexities of Social Security's data management and uncover the reality behind these allegations.

President Donald Trump told supporters at a campaign rally, "As president, I will not cut one penny from Social Security or Medicare." He made a virtually identical statement in July 2024 on social media.

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There are millions of older Americans today who collect a monthly benefit from Social Security. And for many people, those benefits are a critical source of income — particularly folks who sorely lack retirement savings.

"A lot of money is paid out to people, because it just keeps getting paid and paid." Fact-checking President Trump's claims on social security.