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The Latest Breaking News from Nancy Altman

70-year-old woman's Social Security check suddenly falls to $2,700; told to repay $35,000 within 30 days or face 50% benefit cut

A woman in her 70s was shocked when her Social Security payment dropped to about $2,700 a month and the SSA told her to repay $35,000 in alleged overpayments within 30 days. The case highlights how Social Security overpayments can leave beneficiaries facing sudden financial hardship and steep benefit cuts.

The Economic Times · Sep 4

Social Security's 2032 Crisis Could Slash Benefits By 22%: 'Nobody Will Be Able To Retire'

A new report warns that Social Security's trust fund may become insolvent by 2032, potentially reducing benefits by 22% if Congress doesn't act, impacting millions of Americans reliant on these payments.

International Business Times UK · Jun 11

3 Biggest Problems Facing Social Security in 2026

Social Security faces major challenges in 2026. Learn the three biggest problems that could impact benefits and what it means for your retirement.

GOBankingRates · Jan 13

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Need to Call Social Security? Be Ready to Hold

Staff cuts and redeployments may translate into long wait times. Can tech help?

Kiplinger · Aug 26, 2025

DOGE's plans for social security are a 'backdoor' way to cut payments, experts warn: 'This is the most serious threat I've ever seen to it’

Elon Musk’s government efficiency team, DOGE, is taking aim at Social Security, claiming fraud while pushing controversial changes.

Fortune · Mar 21, 2025

Social Security Administration could cut up to 50% of its workforce

The Social Security Administration is preparing to lay off at least 7,000 people from its workforce of 60,000 — and the final reduction in force number could be as high as 50%, according to two people familiar with the agency’s plans who are not authorized to speak publicly

The Independent UK · Feb 27, 2025

Social Security Is DOGE's New Target: What You Need to Know

Elon Musk's Department of Government Efficiency has set its sights on Social Security. Here is why you shouldn't panic.

Kiplinger · Feb 18, 2025

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Quick Facts About Michelle King: Top Social Security Official Leaves After Clash With DOGE

Michelle King resigns as Social Security chief after clashing with Elon Musk's DOGE over access to sensitive government data, sparking privacy concerns.

International Business Times UK · Feb 18, 2025

Now Social Security acting commissioner exits agency after clash with Elon Musk

‘They will break it, and they will break it fast,’ a former Biden Social Security commissioner warned of the program

The Independent UK · Feb 18, 2025

What's Wrong With Trump's Pledge to End Taxes on Social Security Benefits

Eliminating taxes on Social Security benefits could impact your finances. Here's what you need to know.

Kiplinger · Aug 12, 2024

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.

WEKU · May 6, 2024

Biden taps Martin O’Malley for Social Security commissioner - Roll Call

Former Maryland Gov. Martin O’Malley would be the first Social Security commissioner nominated by a Democratic president since 2001.

Roll Call · Jul 26, 2023

GOP budget would destroy Social Security

The proposed budget calls for tax cuts for the uber-rich and an increase in the Social Security retirement age

Salon · Jun 16, 2023

Don't buy GOP cheers for Social Security

"Republicans have told us over and over again that they want to cut Social Security," advocacy group warns

Salon · Feb 9, 2023

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Tribune News Service · Oct 13, 2022

Social Security benefits see highest jump in 40 years. Here’s what to expect

Social Security beneficiaries are set to get the largest boost to their benefits in four decades.

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