The Latest Breaking News from Social Security

8 Tax Records Retirees Should Think Twice Before Throwing Away

Retirement may mean leaving the daily commute behind, but it does not mean leaving tax paperwork behind with it. In fact, retirees often juggle several...

Saving Advice · Aug 10

Outspoken MP's social security crusade

It came as no surprise for People's Party (PP) MP Rukchanok Srinork to be more outstanding than the party leader, Natthaphong Rueangpanyawut, in Suan Dusit University's poll for the month of July.

Bangkok Post · Aug 9

Why we should support welfare spending

Letter: Labour peer Ruth Lister disagrees with the high number of party members looking to reduce spending on social security

The Guardian - UK · Aug 9

One High-Income Year Could Raise Your Medicare Premiums Later

A particularly profitable year in retirement can come with a delayed expense that catches some Medicare beneficiaries by surprise. Selling investments, realizing a large capital...

Saving Advice · Aug 8

Retirement Milestone Ages Most People Miss (And What to Do About Each One)

Retirement planning is less about hitting milestone ages and more about understanding how financial decisions shape long-term income, taxes and healthcare costs.

Kiplinger · Aug 8

IRS tax credit could mean up to $8,231 for eligible workers: Who qualifies for the Earned Income Tax Credit, how much you could receive and what you should check before filing

The IRS Earned Income Tax Credit (EITC) can provide significant tax relief to eligible low- and moderate-income workers. For tax year 2025, the maximum credit reached $8,231 for taxpayers with three or more qualifying children, while eligible workers without children could receive up to $664. The credit is refundable, meaning…

The Economic Times · Aug 8

What to Know About Social Security Claiming Assumptions That Can Distort a Retirement Plan

Social Security planning often starts with a simple question: when should someone claim benefits? The tricky part comes when a retirement plan relies on assumptions that no longer match current rules, cost-of-living adjustments, or the long-term outlook for the program. A small misunderstanding can create a much bigger ripple effect…

The Free Financial Advisor · Aug 8

Don’t Wait for Applications to Open: Gather These Home Energy Assistance Documents Now

The fastest way to slow down a home energy assistance application often starts with one missing piece of paper. A forgotten utility bill, an expired ID, or a missing proof of income can turn what should feel like a straightforward process into a frustrating scavenger hunt through drawers, filing cabinets,…

Everybody Loves Your Money · Aug 8

Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejected

Due to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine deduction cannot be denied merely because it was reported under an incorrect schedule in the ITR

The Economic Times · Aug 8

6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

The weeks before the holiday hiring rush can be a surprisingly good time for retirees to decide whether a little extra work belongs in their...

Saving Advice · Aug 7