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The Latest Breaking News from Social Security

Got a Cash Balance Pension? Understand Your Options

To maximize your retirement income, you need to know how your cash balance plan works, which type of payout is right for you and how it’s taxed.

Kiplinger

Social Security 2024: Ways your benefits can be temporarily or permanently revoked

The first two Social Security checks for May were sent out to recipients. Here's what you should know to avoid getting your benefits revoked

Latin Times

Avoid Retirement Regrets: Five Facts to Learn Now, Not Later

Is your retirement planning full of holes? Unless you fully understand a few key points, you could be setting yourself up for some surprises.

Kiplinger

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Debt Commission Proposal Faces Bipartisan Opposition In Congress

Proposed bipartisan debt commission faces challenges in addressing the nation's growing deficit, with concerns over cuts to Social Security and tax increas...

Top News

Liam and Olivia are still the most popular baby names in the U.S.—but Mateo is rising

Olivia and Liam are the most popular baby names in the U.S. for the fifth consecutive year, according to an annual tally by the Social Security Administration.

WEKU

Karnataka High Court’s verdict cancelling EPF benefits for international workers and its implications | Explained

Karnataka High Court strikes down amendment allowing foreign workers in EPF, citing constitutional violations, potential impact on SSAs - The Hindu explains.

The Hindu

Social Security 2024: here's when recipients are set to receive their May checks

The first May Social Security payment was sent out last week, and with it millions of Americans will receive up to $4,800. Here's what you should know.

Latin Times

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Ensure timely payment of financial assistance under Aswasakiranam scheme: SHRC

The State Human Rights Commission has directed the Kerala Social Security Mission to ensure timely payment of financial assistance to beneficiaries under the Aswasakiranam scheme.

The Hindu

Medicare Basics: 12 Things You Need to Know

There's Medicare Part A, Part B, Part D, Medigap plans, Medicare Advantage plans and so on. We sort out the confusion about signing up for Medicare — and much more.

Kiplinger

Should Your 401(k) Be Eliminated to Save Social Security Benefits?

Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem.

Kiplinger

Social Security and Medicare Are Going Insolvent. Neither Biden nor Trump Has a Plan for It.

Social Security is expected to hit insolvency in 2035, while the portion of Medicare that pays for hospital visits and other medical care will be insolvent by 2036.

Reason

EPFO evaluates course of action on Karnataka HC judgement on foreign workers

EPFO evaluating response to Karnataka High Court judgement on inclusion of foreign workers in provident fund.

The Hindu

The (R)evolution of Retirement Income Planning

With AI on the horizon to enable the optimization of retirement income plan choices, the retirement fortunes of retirees are about to improve.

Kiplinger

Latest Social Security COLA Forecast a Setback for Retirees

Social Security COLA forecast adjusted to 2.6% in 2025. That's bad news for retirees still struggling to keep up with inflation.

Kiplinger

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Top News

Medicare And Social Security Trust Fund Depletion Dates Extended

Annual report reveals extended depletion dates for Medicare and Social Security, urging policy changes to ensure full benefits for retirees.

WEKU

The clock is ticking to fix Social Security as retirees face automatic cut in 9 years

Social Security's finances have improved slightly in the last year. But the popular retirement program still faces big challenges including the threat of automatic benefit cuts in less than a decade.

Kiplinger

If You Have a Pension, Smart Tax Planning Should Start Now

Adding pension income to Social Security benefits and income from required minimum distributions could see you facing a tax torpedo and higher Medicare costs.

Kiplinger

Nearing Retirement With Student Loan Debt? What You Can Do

Many older adults will struggle with rising costs (health care and otherwise) and not enough savings. Here’s how they can manage lingering student debt.

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Woman Is Suspicious Of Her Dad After He Repeatedly Requests Her Baby’s Social Security Number

We constantly hear stories of how people get scammed when they give away their SSNs and have their identity stolen. But what if it's a family member asking for your child's social security number? The post Woman Is Suspicious Of Her Dad After He Repeatedly Requests Her Baby’s Social Security…

Kiplinger

Five Reasons You Should Take Social Security At 62 (and Five Reasons You Should Wait)

There are sound reasons to take Social Security early. While many experts say it's best to wait until full retirement age to claim benefits, here are some reasons to start early.

Kiplinger

How Annuities Can Help You Retire Early and Delay Social Security

Waiting until 70 to claim Social Security benefits can pay off, so how do you bridge the gap between giving up your paycheck and filing for benefits?

The Hindu

New Regional PF Commissioner takes charge

KOCHI EPFO welcomes new Regional Provident Fund Commissioner, overseeing largest office in Kerala for social security schemes.

The Hindu

Parties eye influential 45-lakh Gulf migrants, families, returnees votes in Telangana

Hyderabad parties vie for Gulf expat votes, promising social security and welfare schemes in upcoming elections.

Kiplinger

Pros and Cons of Waiting Until 70 to Claim Social Security

Waiting until 70 to file for Social Security benefits comes with a higher check, but there could be financial consequences to consider for you and your family.

TechRadar

Hackers steal massive screening database and threaten to leak all the details online

World-Check database, holding Social Security numbers and passport information, was stolen from a third party.

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