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The Latest Breaking News from Social Security

Many Older Adults Lack Financial Security: What Can We Do?

Poor financial literacy and a lack of foresight have led to this troubling reality. It's going to take tax policy changes, education and more to address it.

Kiplinger

10 Inefficiencies I Look for on Rich Retirees' Tax Returns

Your tax return could hold clues to several missed opportunities and important gaps in your retirement planning.

Kiplinger

Medicare Part B Premium Hike Outpaces 2025 Social Security COLA, Tightening Seniors' Monthly Budgets

Medicare Part B Premiums will increase by 5.9% to $185 monthly, which will be deducted from Social Security checks starting January 2025.

International Business Times UK

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Will You Pay Taxes on Your Social Security Benefits?

You might, depending on your income, but smart financial planning now can help lower or even eliminate your taxes in the future.

Kiplinger

Fact check: What are Trump’s plans for US economy, immigration, abortion?

What details do we know about US president-elect’s campaign promises for immigration, education, healthcare, abortion?

Al Jazeera

Social Security Retirees Expecting 2025 COLA Increase Should Do This By November 20

A free my Social Security Account will allow recipients to view the latest COLA notices detailing the exact amount they will receive starting next year.

International Business Times UK

Republican lawmakers will reshape tax policy in 2025 — a tax expert explains what to expect

Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the vote. That’s a bit of a surprise, since 2025 will be a major year for America’s tax system – in fact, the fate of the most significant tax reform…

The Conversation

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Trump's Plan To Cut Social Security Taxes May Benefit Millions, Especially Top Earners, But Risks Insolvency In Six Years

Trump's plans to eliminate Social Security taxes could affect revenues flowing into OASI and HI trust funds by $1.5 trillion in the next ten years.

International Business Times UK

Abolish Social Security

Stop robbing poor, hard-working Peter to pay well-off, retired Paul.

Reason

How to Create a Retirement Income Plan to Cover Caregiver Costs

Getting all of your assets to work together is key to having enough retirement income to pay for caregivers and other long-term care needs.

Kiplinger

How One Caregiver Is Navigating a Loved One's Dementia

She's spent many hours doing research and speaking with other caregivers to find her way to resources designed to help caregivers.

Kiplinger

Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different?

Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.

Reason

The Impact of Trump's Cost-Cutting Initiative Hinges on What He Means by 'Government Efficiency'

Narrowly understood, the president-elect's familiar-sounding plan to tackle "massive waste and fraud" may not give us "smaller government" in any meaningful sense.

Reason

Trump Has No Discernible Interest in Fiscal Responsibility

The president-elect’s record and campaign positions belie Elon Musk’s talk of spending cuts.

Reason

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Fortune

AARP's new CEO vows to protect Social Security and Medicare, and ensure older adults age 'on their own terms'

Her top priorities also include pushing for financial support for caregivers.

The National (Scotland)

Devolved Scottish welfare agency delivered nearly £2bn in benefits, accounts show

THE devolved welfare agency Social Security Scotland delivered benefits worth nearly £2 billion in the last financial year ...

The Independent UK

Elon Musk and RFK Jr push far-right Rick Scott for senate majority leader

Rick Scott, a former two-term governor of Florida who won his first race for Senate in 2018, is considered one of the most right-wing members of the upper chamber

The Independent UK

Not to alarm you, but your Social Security number is already leaked

‘The basic information of most adults in the United States, and in many other parts of the world, is already widely available,’ one identifty theft expert told Justin Rohrlich

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Kiplinger

How Women Can Navigate Competing Priorities as They Age

It takes planning and some frank conversations, but women can aim for a happy and financially secure retirement while supporting loved ones. Here's how.

Kiplinger

Medicare Premiums 2025: IRMAA Brackets and Surcharges for Parts B and D

Medicare participants with an income above the threshold must pay a surcharge for Medicare Part B and Part D based on their income.

Kiplinger

12 Retirement Moves to Make Before the Year Ends

From applying for Social Security and donating to charity to maximizing your savings accounts, here are 12 retirement moves you can still make in 2025

Top News

House To Vote On Social Security Benefits Bill

House prepares for crucial vote on bill to restore Social Security benefits for workers with other pensions.

Kiplinger

Retirement Income Strategies for the Long Haul

Crafting your retirement income plan is more important than ever, given our longer lives and uncertain times. Here's how to fund a comfortable retirement.

Salon

Why planning for retirement is so hard

Saving for retirement can feel like burning money

Kiplinger

Earned Income Tax Credit (EITC) 2025 and 2026: How Much Will You Get?

The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know.

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