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The Latest Breaking News from Social Security

Most oppose Social Security, Medicare cuts: AP-NORC poll

Americans are deeply opposed to cutting into Medicare or Social Security benefits, and most support raising taxes on the nation’s highest earners to keep Medicare running as is

The Independent UK

Fox News poll puts Biden’s approval underwater but reveals advantages for Democrats

The president has found support from Americans on issues like gun control, social security and a potential TikTok ban

The Independent UK

People on PIP or DLA could see changes to Motability Scheme this year when lease ends

Over 700 vehicles have been added to the Motability Scheme this Spring.

Daily Record

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

Medicare, Social Security could fall short over next decade, report warns

Medicare is forecast to be unable to pay full benefits for inpatient hospital visits and nursing home stays by 2031. Two years after that, Social Security won’t have enough cash on hand to pay full benefits to retirees.

Chicago Sun-Times

State retirees struggle through inflation while budget plans leave them out

Budget proposals in the Texas Legislature include billions in raises for current and retired teachers, as well as current state employees. So far, retired state employees are not mentioned in the budget plans. The state’s former public servants haven’t had a pension raise in 20 years.

The Texas Tribune

How to make $100,000 or more and pay no income taxes

Yes, it’s entirely possible to make more than $100,000 and pay no federal income tax on it, and this article will show you exactly what you need to do to claim your tax-free cash. It’s completely legal – and incredibly! – the tax code almost seems to encourage you to…

Tribune News Service

Scottish benefits to be paid early this week due to Easter bank holidays

Payments of Adult Disability Payment and Scottish Child Payment could arrive early for some people.

Daily Record

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Michael Hiltzik: Social Security is perfectly healthy, but there’s one easy way to improve it

’Tis the season for hand-wringing over the fiscal condition of Social Security.

Los Angeles Times

Editorial: Can a dysfunctional Congress rescue Social Security and Medicare from disaster?

For all of this week’s focus on Donald Trump’s legal travails — and the breathless commentary and speculation surrounding it from all quarters — there was significantly less ink spilled on what looms as a far more consequential development, at least in the long-term and for average Americans contemplating a…

Tribune News Service

Every indictment will make Trump stronger – and Republicans wilder

Rupert Murdoch, the Koch network and other rightwing power brokers know the monster they created is now out of control

The Guardian - US

Social Security Optimization If You Save More Than $250,000

When you choose to take benefits will make a difference in how your income and assets play out over many years. Let’s explore some scenarios.

Kiplinger

Trump vs. DeSantis: A timeline of Florida’s hottest political feud

TAMPA, Fla. — Former President Donald Trump and Gov. Ron DeSantis seem destined to battle for the 2024 Republican presidential primary. Even though DeSantis has not yet announced his candidacy, there’s a new controversy between the two men seemingly every day. This timeline, which we plan to update frequently in…

Tribune News Service

Social Security Will Be Insolvent by 2033

New data from the program's trustees show that insolvency will hit a year sooner than previously expected, giving policy makers just a decade before automatic benefit cuts occur.

Reason

Social Security is now expected to run short of cash by 2033

Policymakers will need to patch the Social Security program by 2033 to avoid draconian cuts in benefits, a year earlier than had been predicted. A trust fund for Medicare will run out of cash by 2031.

WEKU

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Tribune News Service

Social Security insolvency seen coming a year earlier than before

WASHINGTON — The Social Security system’s retiree fund will be able to fully pay scheduled benefits until 2033, one year earlier than reported last year.

Tom’s Guide

Nearly 5 million hit in massive loan data breach — see if you’re affected

Consumer lender TMX which owns TitleMax, TitleBucks and InstaLoan has disclosed a data breach after hackers gained access to its systems.

Roll Call

Social Security, Medicare funds face depletion within a decade - Roll Call

Social Security’s finances worsened over the past year while Medicare's improved slightly, according to government actuaries.

Daily Record

New payment set to replace Attendance Allowance next year could include mobility element for older people

Pension Age Disability Payment will provide financial support for over 123,700 pensioners living in Scotland.

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Kiplinger

Can My Pension Trigger a Retirement Tax Bomb?

Key planning strategies like asset location and Roth conversions can dramatically reduce the taxes you pay throughout retirement and your heirs’ tax liability.

Reason

Brickbat: Dead Again

In 2018, Jaxen Dyson's father died. Despite having only a last name in common with his dad, the Social Security Administration declared Jaxen dead. It took her several months, but Jaxen's mother thought she'd cleared the matter up. She even got a letter from the Social Security Administration saying Jaxen…

The National (Scotland)

Humza Yousaf refuses to apologise for appointing minister for independence at FMQs

The Scottish Tory leader criticised the new FM for handing Jamie Hepburn the role while getting rid of posts for social security and tourism.

Roll Call

Budget blueprint may take a back seat to debt limit in House - Roll Call

House Budget Chairman Jodey C. Arrington said Congress needs to lift the debt ceiling and impose fiscal controls “immediately".

Daily Record

Scots can request £50 winter heating payment if money does not show in account by end of week

Social Security Scotland said that all automatic payments have now been processed.

The Independent UK

Poll: Cut federal spending — but not big-ticket programs

In the federal budget standoff, the majority of U.S. adults are asking lawmakers to pull off the impossible: Cut the overall size of government, but also devote more money to the most popular and expensive programs

Kiplinger

Protect Your Retirement: Seven Things You Can Do Right Now

Whether you’re preparing to retire or already retired, a proactive plan is critical to help safeguard your retirement, especially amid uncertainty.

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