Social Security payments have been helping seniors supplement their retirement income since the Social Security Administration was created in 1935. With the decline of employer pension plans, workers have become increasingly responsible for building their own retirement savings nest eggs.

The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 19 days.

Social Security is a critical source of income for millions of retirees, a good number of whom have to get by on those monthly benefits alone due to a lack of savings. But many Social Security recipients are surprised to learn that those benefits can be subject to taxes at both the federal and state

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.

The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.

Making Social Security last longer every month isn't just about maximizing the amount received -- it's about planning, strategizing and being smart with available resources. With the right