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The Latest Breaking News from Social Security

Welfare debts waived for domestic violence survivors

Centrelink debt incurred through "insidious" family violence will be waived for survivors to stop further abuse from being inflicted on vulnerable people.

AAP

Social Security whistleblower who claimed DOGE uploaded 300 million people’s data to the cloud quits post

DOGE whistleblower Charles Borges wrote that new leadership in the technology and executive offices ‘created a culture of panic and dread’

The Independent UK

5 Ways To Make Money in Retirement Without Going Back To Work Full Time

Here are five ways to make money in retirement that don't involve going back to work full time.

GOBankingRates

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

What Would Happen If Social Security Could Sustain the Average Middle-Class Retiree’s Lifestyle?

Financial experts analyzed what would happen if Social Security paid $5,000 monthly to sustain middle-class retirees and the massive funding challenges.

GOBankingRates

The Rule of Two Lives in Retirement

The "rule of two lives in retirement" means accounting for your partner at every decision point, because one life becomes two.

Kiplinger

Social Security Whistleblower Resigns Citing 'Culture Of Panic' Over Trump-Backed Data Modernization Efforts

On Friday, Charles Borges, the Social Security Administration's chief data officer, resigned after filing a whistleblower complaint alleging security risks tied to the President Donald Trump administration-backed efforts to modernize the agency's data systems.

Benzinga

What Will It Really Cost to Live Until 95?

Retirees today are living longer than ever, and many underestimate the true costs of reaching age 95. While the idea of decades of freedom sounds...

Saving Advice

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9 Hidden Costs of Early Retirement Nobody Plans For

The dream of early retirement is appealing—who wouldn’t want more free time, fewer work obligations, and the chance to enjoy life sooner? But leaving the workforce earlier than expected can bring financial surprises that many people fail to anticipate. While you may have saved enough for daily expenses, the hidden…

The Free Financial Advisor

'My Car Is Also My Backup Home': SSDI Recipient Fears Losing Benefits After $1,500 Insurance Payout From Hitting A Deer

A $1,500 insurance payout shouldn't normally be a cause for worry. But for one Social Security Disability Insurance recipient, the check raised a serious question: Could it put their benefits at risk?

Benzinga

5 Ways To Earn Income in Retirement Without a Side Gig

Worried about outliving your savings? Discover passive income tips, Social Security strategies and smart ways to stretch retirement funds -- no side gig needed.

GOBankingRates

SNAP Changes: When Does My EBT Card Reload?

In general, benefits for new cases receiving SNAP eligibility or benefits are deposited between the 1st and 10th of the month.

GOBankingRates

Are You Missing the Gender Gap in Your Retirement Calculator?

Retirement calculators promise certainty, but most of them leave a massive blind spot that can sink even the best-laid plans: the gender gap. Women and men don’t retire under the same financial conditions, yet calculators spit out the same cookie-cutter projections.

Everybody Loves Your Money

7 Common Payouts That Social Security Quietly Denies During Appeal

Receiving a disability denial letter from the Social Security Administration (SSA) can be crushing. The initial denial is notoriously common, and the real fight often begins with the appeal. You’ll gather more medical records and file paperwork for reconsideration. You might even have a hearing with an administrative law judge…

Budget and the Bees

10 Bills That Vanish the Moment Your Spouse Declares Bankruptcy

The moment you hear the words; it feels like a financial earthquake. Your spouse is declaring bankruptcy, and suddenly, the stable ground beneath your shared life seems to be cracking. You immediately picture losing everything, with bill collectors knocking down your door for debts you didn’t even know existed. This…

Budget and the Bees

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Saving Advice

6 Assumptions Retirees Make That Leave Their Family Struggling Later

Retirement is supposed to be a time of security, but many seniors unintentionally make assumptions that hurt their families. These blind spots often leave loved...

Kiplinger

Is Trump's Tax Plan Speeding Up the Looming Social Security Funding Crisis?

Social Security's combined retirement funds are running out of cash, and its insolvency date is expected to occur in less than a decade.

GOBankingRates

Tax Experts: 6 Ways Trump’s Tax Plan Impacts Middle-Class Families

Discover how Trump's Big Beautiful Bill could impact middle-class taxes, according to tax experts. Find out about changes to deductions, tax credits and more.

Benzinga

Billionaire Blackrock CEO Larry Fink Says We Spend 'Tremendous Energy' Extending Life, But Little On How To Pay For Those Extra 20 Years

If you're counting down the years until you hit 65 and can finally put your feet up, BlackRock CEO Larry Fink thinks you might be stuck in an outdated playbook. In his 2024 letter to investors, the head of the world's largest asset manager called out America's retirement system as…

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news in one place.

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Benzinga

Holiday Shoppers To Brace For Higher Prices, Fewer Choices And Thinner Discounts As Trump's Tariffs Ripple Across US Retail Sector: Report

The U.S. retail sector is bracing for potential disruptions in the upcoming holiday shopping season due to the impact of President Donald Trump‘s tariffs on imported goods.

GOBankingRates

‘You’ll Run Out of Money in 20 Years’ — Why Retirees Are Rethinking Their Savings Strategy

Retirees risk outliving their savings by as much as 20 years. Here’s how they’re rethinking retirement strategies to stay financially secure.

GOBankingRates

4 Ways This New Government Policy Could Hit Your Paycheck

A new government policy could impact your paycheck—here are 4 ways it might affect your take-home pay and what you can do to prepare.

Kiplinger

I'm an Annuities Expert: Here Are Two Ways to Use Annuities to Benefit From the OBBB

To qualify for a new tax break included in the One Big Beautiful Bill Act, some older adults need to lower their taxable income. Annuities can make that happen.

GOBankingRates

How Much a Middle-Class Social Security Check Will Decrease If Funds Run Out

If nothing is done to stop Social Security cuts from happening, here's how much middle-class benefits are projected to decrease if funds run out.

The Conversation

‘Fraud, waste and abuse’: US healthcare caught in the crossfire of a political narrative

During his spell as a US special government employee earlier this year, billionaire Elon Musk said the following: “The waste and fraud in entitlement spending […] Most of the federal spending, is entitlements, so that’s the big one to eliminate.” In doing so, entitlement programs, such as Social Security and…

Saving Advice

Why Are Senior Couples Now Choosing to File Taxes Separately Again?

For decades, most married couples were told that filing jointly was the best financial move. But a growing number of senior couples are beginning to...

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