For most retirees, Social Security doesn't just provide a monthly check. Rather, it lays a financial foundation that retirees would struggle to live without. Based on an analysis from the Center on Budget and Policy Priorities (CBPP),

Social Security is the major source of income for people over the age of 65, with an average monthly benefit of $1,918 a month. People with medical conditions that affect their ability to work for 12 months or longer may also receive Social Security benefits through Social Security Disability Insurance (SSDI).

The United States is at a crossroads. You may have heard that Social Security is politically impossible to reform. But that belief will be hard to

Some high earners will find they owe more Social Security tax next year thanks to changes in the wage base limit. Learn more here.

Social Security imposes taxes on benefits for people who earn above a certain income -- and that income threshold hasn't changed for decades.

When the Social Security cost-of-living adjustment goes into effect next year, retirees can expect a small raise. Find out just how big the benefits increase will be.

If costs have risen, Social Security recipients get a cost of living adjustment (COLA) for the following year to help them maintain their buying power. Here's how much you can expect to receive in 2025 if you're on Social Security,