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The Latest Breaking News from Social Security

Tax-Smart Strategies for Account Withdrawals

Understanding the best way to tap your IRAs and other accounts can help you preserve your savings and lower your tax bill.

Kiplinger

Social Security Confirms No $600 Increase Until 2025, Warns of Scams

"Reports of a $600 payment increase are FALSE, please be aware and don't fall for this stunt," Social Security Commissioner Martin O'Malley said in a news release.

International Business Times

How IRAs Impact Social Security

Do your traditional IRA distributions count as income that could lower your social security benefits? It depends.

Kiplinger

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

Scams are increasingly targeting seniors: here are some of the most popular ones and how to prevent them

Latinos in the U.S. had the highest labor force participation among seniors, making them increasingly vulnerable of a variety of scams

Latin Times

Modern-day outlaws, ‘sovereign citizens’ threaten the rule of law

In May 2024, an Oklahoma man was arrested and charged with kidnapping and murdering two women, becoming the fifth member of an anti-government group called “God’s Misfits” to face such charges.

The Conversation

The Guardian view on social security: Labour must face the harm caused by benefit cuts

Editorial: A huge gap has opened up between pensions and working-age benefits, and millions of children are paying the price

The Guardian - UK

IRA vs Roth vs 401(k): Which Do You Pick?

All offer great tax breaks as you save for retirement. In addition, there are 403(b), SEP and SIMPLE plans and more. But don't worry. It’s hard to go wrong.

Kiplinger

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How to maximize your Social Security retirement income

There are many different methods people use to optimize their Social Security payments in retirement, but three major approaches are good places to start.

The Street

White House Criticizes Republicans Over 'Maganomics' And Tariffs Plan

White House criticizes GOP's 'MAGAnomics' and Trump's tariffs, while Biden focuses on protecting Medicare, Social Security, and reducing the deficit.

Top News

These are the states with the lowest cost of living for older couples on Social Security

A ranking by GoBankingRates listed the top 10 states with the lowest cost of living for older adults.

Latin Times

The Average 401(k) Balance by Age

Knowing how your 401(k) balance compares to your peers could be the catalyst to save more.

Kiplinger

Huge Frontier hack exposed personal info of 750,000 customers — including Social Security numbers

A massive number of Frontier customers have had their data stolen, and Social Security numbers are among them.

Tom’s Guide

Scams in Retirement: How to Get Fraudsters to Scram

If a caller asks you for money or personal info like account numbers and passwords, you should hang up. Here’s how to spot scammers and protect yourself.

Kiplinger

Medicare changes will impact your wallet in 2025

The Centers for Medicare and Medicaid Services is making important changes next year.

The Street

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Reason

The GOP Once Claimed To Be the Party of 'Fiscal Responsibility.' So Why Not Reform Social Security?

Reasonable options include gradually raising the minimum retirement age, adjusting benefits to reflect longer life expectancies, and implementing fair means-testing to ensure benefits flow where they're actually needed.

Kiplinger

How Finances Are Split In a Gray Divorce

Navigating how finances are split in a gray divorce? Divvying up assets accumulated over many years of marriage can be complicated.

Kiplinger

How to Add Home Equity to Your Retirement Income Planning

Home equity is sometimes overlooked as a viable resource in retirement. You don’t have to sell your home to find income and liquidity.

Kiplinger

Retirees: Make Your Money Last with Stable Income Strategies

To avoid running out of money in retirement, you need to be able to generate reliable income — without relying on Social Security. Passive income is the key.

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Fortune

Medicare fears grip Americans: Nearly 3 in 4 adults under 65 worry it won't be around for them

“Threats to Medicare and Social Security loom large.”

The Street

How average Americans can better plan for 401(k), retirement income

Knowing some key strategies will assist Americans in their retirement savings.

Kiplinger

Nine Things to Keep in a Home Safe

Put these valuables in a home safe, not a bank safety deposit box (or under a mattress). You'll be glad you did.

The Independent UK

The behind the scenes chaos which led the Social Security watchdog to resign

In her resignation letter, Gail Ennis described the agency she had run for five years as “vibrant” and thanked her colleagues - despite years-long calls for her resignation and accusations of retaliation.

The Street

How to maximize Social Security survivor benefits in retirement

Here's a way to navigate a Social Security circumstance for which it is difficult to plan.

The Independent UK

Social Security chief resigns amid claims she tried to block investigations into her office

Several problems emerged under Social Security Inspector General Gail Ennis’ leadership

Fortune

No pension, no problem: Goldman Sachs report shows how younger generations are becoming more retirement-ready than boomers

Gen Xers and baby boomers taking "too long" to adapt to the new retirement system, Goldman Sachs says.

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People

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Organisations

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the Social Security Administration

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