The Latest Breaking News from Social Security

Trump Wants Taxpayers to Declare Their Citizenship to the IRS Under a New 1040 Proposal

Draft 2026 US tax forms may ask about citizenship or work authorisation as proposed IRS rules could restrict refundable portions of four tax credits.

International Business Times UK · 2h ago

Social Security October update: 4 major changes coming soon that could affect your 2027 benefits

Social Security October update: Social Security’s October update is expected to reveal four key changes for 2027, including the cost-of-living adjustment, maximum taxable earnings, quarter of coverage amount and earnings test limits. Here’s what workers and beneficiaries need to know before the Social Security Administration announces the changes on October…

The Economic Times · 3h ago

Bessent said 'I am the house.' The bond market disagreed

Treasury yields are at their highest since 2002. Congress can restore credibility by passing a Fiscal Commission Act with real authority.

Fortune · 4h ago

Parents With Nothing Saved Inherit $340,000 — Their Adult Child Wants Control of the Money

Imagine your parents have reached retirement age with virtually nothing saved when an unexpected inheritance of $340,000 suddenly lands in their laps. Instead of feeling...

Saving Advice · 19h ago

How a Republican Victory in November Could Affect Families, Retirees, and Workers

The November 2026 midterm elections won’t put a president on the ballot, but they could still influence some of the rules that determine what families...

Saving Advice · 20h ago

The Baby Boomer Population Is Shrinking — Here’s How Many Are Left in the U.S.

For decades, Baby Boomers were America’s demographic giant, influencing everything from suburban housing and the workplace to retirement planning and Social Security. Now that enormous...

Saving Advice · 22h ago

Social Security claiming age names could change: Will your benefits change? What new labels for ages 62, 67 and 70 really mean

Congress has cleared a bill that would give Social Security’s key claiming ages new names. The proposal would call 62 the “minimum monthly benefit age,” 67 the “standard monthly benefit age,” and 70 the “maximum monthly benefit age.” The ages themselves would not change. The goal is to make the…

The Economic Times · 23h ago

Social Security’s 2027 COLA Will Be Announced Oct. 14 — Here’s What Determines the Final Number

Millions of Social Security recipients are less than two weeks away from learning how much their benefits will increase next year. The 2027 Social Security...

Saving Advice · 23h ago

Would You Rather Work 5 More Years and Retire Richer or Leave the Job at 62?

Imagine reaching your 62nd birthday with enough money to retire, but knowing another five years at work could leave you considerably better off financially. Do...

Saving Advice · Oct 1

How much bigger could your 2027 Social Security check be? The latest COLA forecast gives retirees a clue

A 3.5% to 3.6% Social Security COLA is currently being projected for 2027. That would be above this year’s 2.8% increase, although the final figure is still not known.The missing piece is September inflation. Social Security calculates the COLA using average CPI-W readings from July, August and September. The Bureau…

The Economic Times · Oct 1