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The Latest Breaking News from Social Security

Low-income families urged to apply for one-off £294 payment to help cover costs of children starting school

School Age Payment applications are now open until the end of February next year.

Daily Record

New PIP transfer update for thousands of people due to move to Adult Disability Payment

More existing claimants will start to receive letters notifying them of the move to the devolved benefit.

Daily Record

Urgent update for people applying online for new devolved benefits or uploading supporting information

New claims for Adult or Child Disability Payment will be affected from Friday afternoon.

Daily Record

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Trump pollster Tony Fabrizio tells donors DeSantis electability is a "myth"

"When Swing State voters learn about certain DeSantis positions, his support craters."

Axios

GOP targets Social Security, Medicare

McCarthy intends to announce a bipartisan "commission" to examine ways to cut vital programs

Salon

Economic security of dairy farmers will be ensured: Minister

Animal Husbandry and Dairy Development Minister J. Chinchurani has reiterated the government’s commitment to ensure the economic and social security of dairy farmers in the State.

The Hindu

Claim PIP for 87 muscle or joint conditions and you could get up to £691 each month

More than one million people are receiving financial support for a musculoskeletal condition.

Daily Record

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Getting Social Security on a more stable path is hard but essential – 2 experts suggest a way forward

Social Security is in trouble.

The Conversation

Retirement Planning with Life Insurance

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Kiplinger

Which Retirement Accounts Should You Withdraw From First?

Here’s a standard order for when you should tap which account when you’re in retirement.

Kiplinger

Social Security and Medicare Are Ticking Time Bombs

Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.

Reason

Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government

Even with new spending restraints included in the congressional debt limit deal, the U.S. government’s deficits are still on course to keep climbing to record levels over the next few decades

The Independent UK

'The Little Mermaid' and a Debt Ceiling Deal: Beyond Taxing

Disney’s 2023 'The Little Mermaid' and the debt ceiling deal have some things in common. One is you can’t always get what you want.

Kiplinger

France rolls out plans to get tough on costly social security fraud

The French government is clamping down on social security fraud - which the Court of Audit says costs the country between 6 and 8 billion euros a year – rolling out plans to make it harder to get benefits while also hiking up penalties for those who cheat the system.

Radio France Internationale

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Kiplinger

Are You Worried About Running Out of Money in Retirement?

Planning that integrates income annuities can help alleviate the No. 1 fear of retirees, even in worst-case investment scenarios and when living way beyond your life expectancy.

The Guardian - UK

Britain’s ever-harsher welfare system means that now only the rich can afford to make art

Postwar artists wouldn’t have had a chance without affordable housing or social security, says Alex Niven of Newcastle University

Kiplinger

Cover Your Retirement Income Bases With Scenario Planning

Here are three strategies to help you plan for best- and worst-case scenarios, positioning you for retirement success.

Fortune

Democratic veterans from 2 decades of budget wars say the national debt isn't worth holding the U.S. and global economy 'hostage'

"If the future is what you care about, then doing things that hurt the future doesn't make sense.”

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ABC News

US Treasury Secretary Janet Yellen pushes back forecast of potential US default date to June 5

US Treasury Secretary Janet Yellen says the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.

InsideEVs

Tesla Files: 100 GB Of Confidential Data Leaked To German Newspaper

The data leak includes more than 100,000 names of employees – even the social security number of CEO Elon Musk – and personal information, including salaries.

The Guardian - UK

Universal credit system not working for artists, says Julie Hesmondhalgh

Former Coronation Street actor calls for more support, as survey finds lack of safety net for self-employed creatives

The Times of India

HC orders CBI probe into Haryana's ghost pension scam

CHANDIGARH: The Punjab and Haryana high court on Thursday ordered CBI probe into the disbursement of social security pension to dead persons in Haryana.

Tribune News Service

Could $25 billion in Social Security payments force a debt-limit deal?

On Friday, June 2, millions of Americans are due a total of $25 billion worth of Social Security payments. And more than anything else, that may prove a decisive element in forcing an end to the partisan standoff over raising the federal debt limit.

WEKU

3 ways to protect your money if the U.S. defaults on its debt

From social security payments to interest rates, a lot hinges on a debt-ceiling deal. Personal finance experts say you should prepare for a possible debt default as you would a recession.

Tom’s Guide

Debt collector breach exposes financial data of 1.1 million Americans — see if you’re affected

The debt collector NCB has disclosed that hackers breached its systems though they also gained access to Bank of America and TD Bank customer data.

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