Test your basic knowledge of the Social Security COLA (Cost-of-Living Adjustment) in our quick quiz.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Congress could look to high earners to help offset lost revenue and possibly shore up the Social Security program.

Payments for SSI typically go out on the first day of the month, but there's a caveat for September. This year, Sept. 1 falls ...

If you earn an average paycheck, Social Security may replace about 40% of it in retirement. Seniors commonly need 70% to 80% of their pre-retirement income to cover their needs. You can supplement ...