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The Latest Breaking News from Social Security

Trump’s policies could drain Social Security in just six years, report warns

Retirement program might be forced to cut checks as early as 2031 under Trump’s proposed agenda

The Independent UK

Trump's Tax Breaks Could Deplete Social Security Trust Funds

Trump's tax breaks on Social Security benefits may deplete trust funds earlier, impacting future benefits and financial stability.

Top News

Donald Trump’s policies would drain Social Security’s finances faster, report finds

Under Trump, Social Security’s trust fund would run out three years earlier than currently projected, according to the Committee for a Responsible Federal Budget.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump proposal to drain Social Security

A watchdog group found that Trump's policies could accelerate Social Security's funding crisis

Salon

People with certain disabilities are eligible for Medicare under age 65. Here's who qualifies and how to apply

Medicare coverage for people under 65 with disabilities is tied to Social Security Disability Insurance (SSDI) benefits.

Fortune

Applications open for new pension age benefit in Scotland

THE Scottish Government has opened applications for a new disability benefit for people of state pension age.

The National (Scotland)

October is Cybersecurity Awareness Month. Here's how to stay safe from scams

October is Cybersecurity Awareness Month, which means it’s the perfect time to learn how to protect yourself from scams

The Independent UK

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Why Now Is the Best Time To Protect Yourself From Potential Fraud

You can implement these easy measures today to reduce the risk of financial harm from exposed data.

Kiplinger

What Could the Election Mean for Social Security and Medicare?

With the presidential election just days away, here's a look at Harris vs. Trump on Social Security and Medicare.

Kiplinger

Five Ways the Election Could Change Your Retirement

From taxes to Social Security and beyond, the election could change your retirement depending on which candidate wins. Who takes the House and Senate also matters.

Kiplinger

Reform Social Security for Those Who Need It Most

As it stands, the program effectively redistributes money from younger and poorer people to richer people.

Reason

States That Offer a Child Tax Credit

Fifteen states plus the District of Columbia currently offer a child tax credit. Here’s how much you can get this tax season.

Kiplinger

Some Social Security Recipients Will Get an Extra Check Soon

SSI beneficiaries will receive an extra check in November. It's not due to government largesse but a calendar quirk.

Kiplinger

Understand Your ESOP Benefit: The Diversification Option

You can sell your shares back to the company during your employment years, called diversification in ESOP terms. What are the pros and cons?

Kiplinger

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The Texas Tribune

Texas lawmakers signal push to require proof of citizenship from voters

Gov. Greg Abbott gave an inflated number of noncitizens removed from the state’s voter rolls, officials acknowledged, confirming findings by ProPublica, The Texas Tribune, and Votebeat.

Kiplinger

Three Tax Reasons to Retire in Panama in 2025

With low property taxes and tax-free foreign income, this tropical paradise could make you rethink retirement as a U.S. expat.

Roll Call

Happening in Plains sight: A competitive Nebraska Senate race - Roll Call

NELIGH, Neb. — Melvin Woods has voted a straight Republican ballot for at least three decades. But next month, the 77-year-old, who lives on a farm in northeastern Nebraska and supports former President Donald Trump, says he just might reject Republican Sen. Deb Fischer in favor of an unlikely choice:…

International Business Times UK

Dave Ramsey: Claiming Social Security At 62 Can Return More Than Waiting Until 70—If You Invest It All

Ramsey thinks investing Social Security income starting at 62 in mutual funds can help overcome shortfalls for the early claim.

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news in one place.

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Kiplinger

Has Your Dream Nest Egg Become a Tax Nightmare? What You Can Do About It

Retirement savers with big bucks in traditional IRAs and pretax 401(k)s could face huge tax bills when their RMDs kick in. Here's a potential solution.

Kiplinger

Eight 401(k) Mistakes That Could Tank Your Retirement

401(k) mistakes like cashing out early and not taking advantage of an employer match can upend your retirement.

Kiplinger

Silver Lining? Four Tax Benefits of a Lower 2025 Social Security COLA

Could less mean more, when it comes to taxes and the Social Security benefit increase for 2025?

Kiplinger

You're 60 Years Old With $1 Million Saved: Can You Retire?

The answer depends on several factors. The key is to create a plan that combines all aspects of retirement — income, taxes, health care and legacy planning.

The Independent UK

JD Vance says ‘they want you to live in a pod, eat bugs and own nothing’ at bizarre North Carolina event

Trump’s running mate also debuted a strange impression of Kamala Harris and criticized her supposedly ‘awkward cackle’ at the campaign event. Eric Garcia reports from Greensboro

International Business Times UK

Social Security COLA For 2025 Increases Payments For 72 Million Americans By 2.5%, Lowest In Years

The Social Security Administration's 2.5% COLA hike for 2025 will increase the monthly income of retired workers by an average of $50 and $100 for widowed mothers with two children.

Roll Call

Trump pitches tax write-off for auto loans in Detroit speech - Roll Call

Former President Trump proposed making interest on car loans tax-deductible Thursday in the latest of a series of tax cuts he has promised.

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