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The Latest Breaking News from Social Security

No, Your Social Security Benefits Aren't Going Away

The Social Security Administration's chief actuary says not to worry that the trust fund will completely run out of money.

Kiplinger

Weighing a Roth Conversion? Don’t Overlook These Five Factors

Conversions to Roth IRAs can have wide-ranging consequences on your finances, so look at the big picture before you make your move.

Kiplinger

87% of Americans Want Politicians To Do Something Before Social Security Runs Out of Money

Entitlement reform has long been considered a third rail in American politics, but that perspective might be changing.

Reason

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Worst States to Retire in 2025 if You Hate Paying Taxes

Relatively high tax burdens make these places the worst states to retire in 2025.

Kiplinger

How to Save Yourself and Your 401(k) From Rising Taxes

Taxes will go up if provisions in the Tax Cuts and Jobs Act are allowed to sunset, but there’s still time to lock in lower taxes on your 401(k) savings.

Kiplinger

Get Your Retirement Timing Right: Eight Things to Consider

When it comes to retirement, timing can have a significant impact on your well-being and financial security.

Kiplinger

With Mike Johnson, incels seize the GOP

The Louisiana congressman's career has been centered around his bitter obsession with other people's sex lives

Salon

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Services Australia forced to pause Centrelink debt repayments for 86,000 people amid legality concerns

Debt pause comes after watchdog found historical ‘income apportionment’ method breached social security law

The Guardian - AU

New Speaker Mike Johnson's First Good Idea: A Debt Commission

A debt commission won't solve any of the federal government's fiscal problems, but it's the first step towards taking them seriously.

Reason

Mike Johnson pushed big Medicare cuts

"It's right on his website"

Salon

How to enroll in Medicare: A simple step by step sign up guide to walk you through it

A step-by-step guide through the Medicare online enrollment process.

Fortune

Johnson cements "extreme MAGA takeover"

Johnson's win marks the first time the GOP has unanimously elected a speaker since elevating John Boehner in 2011

Salon

Election denier, climate skeptic, anti-abortion: seven beliefs of new US House speaker Mike Johnson

The relatively little-known Louisiana Republican has been thrust into the spotlight and the attention has fallen on his extreme beliefs

The Guardian - US

A trial begins for a Hawaii couple accused of stealing identities of dead babies

A trial is underway for a Hawaii couple accused of fraudulently living for decades under stolen identities of dead babies

The Independent UK

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The Hindu

In Rajasthan, itch for change, or a yen for continuity?

Rajasthan Chief Minister Ashok Gehlot's emphasis on bachat, raahat, badhat schemes to beat Rajasthan's trend of incumbent gov'ts being voted out. BJP and Congress vying for power, with RLP and AAP also contesting. BJP's Vijay Bainsla and Congress' Sachin Pilot contesting in Tonk. BJP's Diya Kumari and Congress' Rafeeq Khan…

The Hindu

COVID-19 fatality numbers swell by 25,000 after verification by Revenue Dept. panel

Although the State Health Department’s official COVID-19 death toll stands at 40,317, as many as 65,317 families have been paid COVID death compensation by the Directorate of Social Security and Pensions (DSSP), under the Revenue Department, till March this year.

The Times of India

Telangana polls: BRS releases poll manifesto; focuses on farmers, women and poor

HYDERABAD: Showering sops on three major sections of the society, farmers, women and pensioners, the Bharat Rashtra Samithi (BRS) announced that it would enhance Rythu Bandhu amount and Aasra pensions amount in a phased manner, apart from promising to extending Rs 3,000 monthly financial assistance to women, provide LPG cylinder…

The Independent UK

Annual window to shop for Medicare Advantage plans returns on Sunday

Open enrollment for Medicare opens Sunday, and seniors could have dozens of options to choose from

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news in one place.

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Kiplinger

Medicare Premiums 2024: IRMAA for Parts B and D

Kiplinger

States That Won't Tax Your Death

How much will your children — or other heirs — pay when you die? That depends on whether you live in a state with no death tax.

The Times of India

US retirees will get 3.2% social-security boost next year, smallest gain since 2021

WASHINGTON: Monthly checks for the more than 71 million people receiving retirement or disability benefits in the US will get a 3.2% increase next year, the smallest gain since 2021, reflecting a significant cooling in the rate of inflation.

Kiplinger

Will Your Social Security Be Taxed in 2026? Here’s What to Know

The Social Security COLA is just one aspect of your benefits that can impact your tax bill.

Fortune

Retirees’ Social Security cost-of-living adjustment will officially be less than half of last year's, even though many seniors still haven’t recovered from inflation

Retirees and other beneficiaries will receive a 3.2% cost-of-living adjustment for their 2024 Social Security payments.

Chicago Sun-Times

Social Security benefits will go up by 3.2% in 2024 as inflation moderates

Thursday’s announcement follows this year’s 8.7% benefit increase, brought on by record 40-year-high inflation. With inflation easing, the next yearly increase is markedly smaller.

WEKU

Social Security recipients will get a smaller increase in benefits as inflation cools

Social Security beneficiaries will receive a 3.2% cost of living adjustment next year. Inflation has been moderating recently, with consumer prices in September up 3.7% from a year ago.

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