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The Latest Breaking News from Social Security

You're 60 Years Old With $1 Million Saved: Can You Retire?

The answer depends on several factors. The key is to create a plan that combines all aspects of retirement — income, taxes, health care and legacy planning.

Kiplinger

JD Vance says ‘they want you to live in a pod, eat bugs and own nothing’ at bizarre North Carolina event

Trump’s running mate also debuted a strange impression of Kamala Harris and criticized her supposedly ‘awkward cackle’ at the campaign event. Eric Garcia reports from Greensboro

The Independent UK

Social Security COLA For 2025 Increases Payments For 72 Million Americans By 2.5%, Lowest In Years

The Social Security Administration's 2.5% COLA hike for 2025 will increase the monthly income of retired workers by an average of $50 and $100 for widowed mothers with two children.

International Business Times UK

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Trump pitches tax write-off for auto loans in Detroit speech - Roll Call

Former President Trump proposed making interest on car loans tax-deductible Thursday in the latest of a series of tax cuts he has promised.

Roll Call

American Dream Accounts Act: New Bill Proposes $25K For Every US High School Graduate Via Social Security Investment

The proposed bill is expected to help kids become familiar with financial planning early on and level the playing field for Americans from all walks of life by offering each the chance to achieve financial freedom.

International Business Times UK

Here's How Much Social Security Checks Are Going Up Next Year

The cost-of-living adjustments are tied to the rate of inflation as measured by the Bureau of Labor Statistics

International Business Times

Social Security recipients will get smallest cost-of-living adjustment in years in 2025

After years of high inflation, the COLA is coming back down to earth.

Fortune

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Social Security Tax Limit Jumps 4.4% for 2025

The Social Security Administration has announced significant changes affecting millions as we approach a new year.

Kiplinger

Social Security COLA Is 2.5% for 2025: What to Know

The 2025 Social Security COLA, tax wage cap and how much you need to earn to qualify for SS credits has been announced by the Social Security Administration.

Kiplinger

Chase Oliver on Budget Cuts, War, and Immigration

"Right now, we need to get ourselves at least to a balanced budget, and that involves cutting a lot of the third rails of American politics," the Libertarian presidential nominee tells Reason.

Reason

How Small Are 2025 Social Security Increases Expected To Be?

The cooling inflation rate in the United States means smaller increases for 70 million people who are collecting benefits.

International Business Times

How to Create a Retirement Plan That Checks All Your Boxes

You might consider starting with a model retirement plan that has already been assembled and is ready to be refined to meet your objectives.

Kiplinger

Trump tax plan helps top 5%, hurts 95%

"This is an enormously redistributive tax plan from low- and middle-income families to the wealthiest Americans"

Salon

Online scammers con elderly couple out of $3 million in gold bars - that only ended with an FBI sting

The scam ended on Friday, when an undercover FBI sting nabbed a courier allegedly working for the fraud ring

The Independent UK

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news in one place.

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Kiplinger

Kamala Harris Proposes Medicare Cover In-Home Healthcare

Vice President Kamala Harris proposed a plan for Medicare to cover in-home healthcare.

TechRadar

Universal Music Group admits data breach, Social Security Numbers and more stolen

There is no evidence of data misuse just yet, but UMG says hundreds are affected.

The Conversation

Kamala Harris has spoken of her racial backgrounds − but a shared identity isn’t enough to attract supporters

In one of the most memorable moments of the current presidential campaign, Donald Trump in July 2024 contended that Democratic nominee Kamala Harris recently stopped identifying as Indian and “happened to turn Black.”

Tom’s Guide

Massive data breach hits 230,000 Comcast customers — names, addresses and social security numbers exposed

Comcast revealed that over 230,000 customers were affected by a debt collection center data breach.

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Top News

Trump's Tax Proposals: Impact And Feasibility

Explore Donald Trump's tax proposals and their potential impact on the economy and taxpayers. Learn about key ideas like eliminating taxes on tips and cutt...

The Independent UK

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

Kiplinger

Late to Retirement Planning? Four Ways to Help Catch Up

If you're afraid you're behind in saving for retirement, it's important to act. You can do something. Here are four ways to help get back on track.

Kiplinger

Harris or Trump: Whose Tax Plans Are More Popular with Voters?

A new poll is shedding light on what voters think about election tax policy.

International Business Times UK

77-Year-Old Wants Rich Boyfriend Of 3 Years To Add Her To His Will Despite Protests From His Sons

The senior woman is exploring ways to ask her boyfriend of three years if he would include her in his will despite the wealthy man having previously expressed no inclination to marry her.

The Guardian - US

‘Slick talker’ v ‘sincere and truthful’: swing-state voters respond to VP debate

Despite varying reactions, voters we asked agreed Walz and Vance managed to treat each other with civility

International Business Times UK

Are You Among The Top 10% Of Wealthy Retirees? Here's How To Find Out And What Steps You Can Take To Join Them

To be among the top 10% of wealthy retirees, you require a net worth of $1.9 million. These people often have diverse investment portfolios, strong passive income streams, and a balanced long-term mindset.

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