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The Latest Breaking News from Social Security

Millions will get higher Social Security benefits after Biden signs 'fairness' bill

"Americans who have worked hard all their lives to earn an honest living should be able to retire with economic security and dignity," Biden said.

Fortune

Social Security's 2.5% COLA increase for 2025: What you need to know

The 2025 Social Security COLA is only +2.5%, leaving many American retirees concerned about covering their expenses.

Fortune

Four Underrated Tax Benefits All US Retirees Over 65 Should Avail Of

US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.

International Business Times UK

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Social Security Fairness Act Will Boost Retirement Benefits For Millions. Will You Be Impacted?

The Social Security Fairness Act will impact the Social Security benefits of millions of public sector retirees, enabling those with a pension to also collect full SS benefits. However, retroactive payments have been delayed.

Kiplinger

Biden awkwardly scolds reporters after being asked about age: ‘I know more world leaders’

‘My being the oldest president, I know more world leaders than any one of you ever met in your whole goddamn life,’ president tells reporters

The Independent UK

Social Security 2025: Major Medicare Changes For Retirees – Key Updates You Need To Know

President Joe Biden is set to sign a bill that will raise Social Security benefits for some pensioners, while the annual COLA will apply to all beneficiaries. These changes aim to help retirees keep up with inflation and provide extra financial support.

International Business Times

10 Ways Retirees Can Manage Income Distribution

The goal of a retirement income plan is to make the most of your money while ensuring that it lasts. These 10 strategies can help secure your financial future.

Kiplinger

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Biden signs bill to boost social security payments for millions of public workers

President says Social Security Fairness Act will benefit ‘Americans who have worked hard all their lives’

The Guardian - US

Biden To Sign Bill That Will Raise Social Security Payments For Millions

The bill will also eliminate the Government Pension Offset, or GPO, which reduces Social Security benefits for certain spouses, widows, and widowers.

International Business Times

Social Security Fairness Act Boosts Payments For Public Employees

President Biden signs the Social Security Fairness Act benefiting 3 million public employees receiving pensions.

Top News

Your social security payment is set to go up thanks to Biden. Here’s why

Advocates say the Social Security Fairness Act rights a decades-old disparity

The Independent UK

New Social Security Tax Reforms Change Benefits in Two States

As the calendar turns to a new year, some retirees have tax reasons to celebrate.

Kiplinger

The 9 Key Milestone Ages in Retirement

These nine milestone ages mark your eligibility for significant retirement benefits, including catch-up contributions and required actions, such as taking RMDs at age 73.

Kiplinger

Man Refuses To Share His SSN, Girlfriend Insists It’s Non-Negotiable, Silence Follows

His girlfriend asked for his social security number a year into their relationship so she could "do a background check". He refused so she left. The post Man Refuses To Share His SSN, Girlfriend Insists It’s Non-Negotiable, Silence Follows first appeared on Bored Panda.

Bored Panda

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Kiplinger

State Tax Changes for 2025: Key Reforms and What They Mean for Your Finances

It’s important to stay informed of state tax changes that can impact your budget.

International Business Times UK

US Boomers 'Unretiring' Due to Low Social Security Payments Could Face Even More Benefit Cuts

As more US retirees return to the workforce to supplement their monthly income, their Social Security benefits could drop until they reach the full retirement age if job wages exceed the annual threshold of £18,572.

Salon

Democrats' first battle of 2025: Doge

Why the new year must begin in defense of federal workers

Kiplinger

What Is the Social Security January Payment Schedule?

Generally, the exact date your first Social Security January benefit arrives depends on what day of the month you were born. Payments follow the month that they are due, so your January check is for your December benefit.

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Kiplinger

Buckle Up: Five Risks to Avoid on the Road to Retirement

As retirement approaches, keep an eye out for the last remaining bumps in the road that could put a serious dent in your hard-earned savings.

Tom’s Guide

5 worst data breaches of 2024 — including the mother of all breaches

There were dozens of data breaches this year, and these five were the ones that affected the largest number of people.

Tom’s Guide

I review laptops for a living — here's my honest thoughts on Windows Recall

Windows Recall should have been a game-changing feature for Copilot+ PCs, but a lack of security and privacy precautions from Microsoft has seen it fall from grace.

Kiplinger

Social Security Benefits Are Shrinking

Social Security benefits are shrinking relative to Medicare premium increases, leaving older adults with less cash at the end of the month.

The Independent UK

Italy’s far-right government wins final approval for its €30bn budget

Italy’s parliament has approved the government’s 2025 budget, worth a total of 30 billion euros — more than half of that in tax cuts and social security benefits for low-income citizens

Fortune

58% of Americans' careers are cut short: How to be ready for unexpected retirement

Create your retirement contingency plan.

Kiplinger

Should You Use Your Financial Services Firm's Advisers?

If you've saved up a decent-size nest egg with a financial services firm, chances are good it has offered you financial advice — for a price. Is it worth it?

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