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The Latest Breaking News from Social Security

7 Retirement Withdrawal Mistakes High Earners Are Most Likely To Make in 2026

Understanding what makes high-earner retirement withdrawals different is the first step toward avoiding expensive surprises.

GOBankingRates

Court Upholds Injunction Against Disclosing Information Learned from Discarded City Documents

From City of Scranton v. Coyne, decided Tuesday by the Pennsylvania Commonwealth Court, Judge Mary Hannah Leavitt, joined by Judges… The post Court Upholds Injunction Against Disclosing Information Learned from Discarded City Documents appeared first on Reason.com.

Reason

5 Warning Signs Someone Is Using Your Social Security Number

When it comes to identity theft, damage builds quietly, often hiding in plain sight while accounts shift, numbers change, and red flags stack up. One small clue can signal something much bigger, and ignoring that clue can turn a manageable issue into a full-blown financial nightmare. The reality feels uncomfortable,…

The Free Financial Advisor

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I'm a Wealth Adviser: This Social Security Claiming Mistake Can Hurt Women the Most

Women should personalize their Social Security claiming strategy and run the numbers after considering life expectancy, tax situation and existing assets.

Kiplinger

I'm a Health Care Adviser: This Is the Long-Term Care Gap Women in Their 50s Can't Afford to Neglect

Women are the main providers of care — and will make up most of those needing it in future. Your 50s is when to start asking how you'll cover your own needs.

Kiplinger

Most Americans Don’t Know the IRS Will Reimburse Them for Identity‑Theft Costs — Here’s How It Works

Around 1 in 5 people in America have experienced identity theft in their lifetime. And, in 2023, identity fraud resulted in approximately $43 billion in...

Saving Advice

Social Security Checks Are Getting Smaller for Some Retirees — And It’s Not a Benefit Cut

Imagine opening your mailbox, flipping open your latest Social Security statement, and discovering that your check looks a little leaner than last month. Panic sets in for many retirees, but before assuming the worst, it’s crucial to understand what’s really happening. Social Security checks can shrink for some retirees, even…

The Free Financial Advisor

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Larry Fink Says Social Security Doesn't Support Wealth Creation, Pushes Trump Accounts for Young US Adults

BlackRock CEO Larry Fink warns that while Social Security prevents poverty, it fails to build long-term wealth for Americans. He proposes a shift toward the Thrift Savings Plan model to combat the 2032 insolvency crisis. Fink also threw his weight behind 'Trump Accounts' (530A) to provide $1,000 in seed money…

International Business Times UK

Mark Cuban Says SNAP Could Be Better If These Changes Happen — a Healthcare Doctor Weighs In

Should lawmakers follow Cuban's advice and increase SNAP benefits to promote healthy living and reduce health care costs? Read on to find out.

GOBankingRates

The IRS Is Sending More “Math Error” Notices — Why You Could Owe Without Realizing It

A letter from the IRS doesn’t need flashing red lights to feel urgent, and lately, more of those letters arrive stamped with a deceptively simple phrase: “math error.” That label sounds harmless, almost like a quick fix, but it often carries a financial sting that catches people off guard. The…

The Free Financial Advisor

New Proposal Caps Social Security Benefits at $50K Yearly for Wealthy Retirees to Mitigate Insolvency Risks

A new proposal from the CRFB suggests capping Social Security benefits at $50,000 for high-earning retirees to prevent a total system failure by 2032. The move targets the top 0.05% of earners to shield the bottom 90% from an automatic 24% benefit slash. Senior advocacy groups like AARP warn the…

International Business Times UK

Most Americans Expect Lower Tax Refunds in 2026 — but Here’s Why Many Will Get More

Many Americans expect smaller refunds this year, but new tax changes could boost what you get. Here’s who benefits and how to maximize your 2026 tax refund.

GOBankingRates

The Hidden Tax Cost of Delaying Social Security

Find out the hidden cost if you decide to delay Social Security.

GOBankingRates

Social Security insolvency: How a six-figure cap to flatten benefits for the ultrawealthy could buy the program 7 critical years

A nonpartisan think tank is proposing a fix that promises significant progress toward putting Social Security on a path to self-sufficiency.

Fortune

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International Business Times UK

64% of Americans Fear Going Broke in Retirement: 7 Smart Ways to Stay Secure

Discover effective strategies to overcome the fear of running out of money in retirement. Learn how to build financial resilience with practical tips on savings, Social Security, debt management, and tax planning for a secure future.

The Independent UK

Veteran, 76, forced to work DoorDash in Texas to afford healthcare for his family: ‘I wish I didn’t have to do it’

A fundraiser for the 76-year-old Vietnam veteran, who works six nights a week delivering takeout, has so far raised over $50,000

GOBankingRates

5 Best Places for Retirees To Move in 2026 (That Aren’t Florida), According to Real Estate Experts

Florida isn’t the only choice your have in retirement. These five U.S. cities offer low costs and strong retirees appeal. Find out top cities for retirees.

The Free Financial Advisor

Refunds Are Being Delayed Over New IRS Identity Flags — Why More Returns Are Getting Pulled

The clock starts ticking the moment a tax return gets filed, and for millions of people, that ticking feels louder than ever this year. Refunds that usually show up like clockwork now stall without warning, leaving bank accounts in limbo and patience wearing thin. The culprit does not come down…

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GOBankingRates

5 Most Affordable Places in the World To Retire in 2026

International Living consulted expats and listed the cheapest places retirees can live abroad in 2026, with low monthly costs. Find out where to head now.

GOBankingRates

5 Ways To Stress Test Your Retirement Plan in 1 Weekend as Social Security Cuts Move Closer in 2026

In one focused weekend, you can stress test your plan, model a realistic Social Security benefit reduction and see exactly where you stand. Here's how to do it.

GOBankingRates

Over Half of Working Boomers Plan To Work Until 70 — Is This Your Next Move?

More working boomers are delaying retirement until 70. See why so many are staying in the workforce and whether it makes sense for your finances.

GOBankingRates

9 Cars Retirees Can Actually Afford on Social Security in 2026

Mechanic Chris Pyle listed nine cars retirees can afford on Social Security. From $23,495 to $31,545, here are vehicles built to last on a fixed income.

GOBankingRates

4 States That Don’t Tax Retirement Distributions

You'll have less math to do when it comes to income tax rates or required minimum distributions for such retirement accounts as a simple IRA or 401(k).

GOBankingRates

What Retirement Looked Like in 1960 vs. 2025, According to Austin Williams

In a YouTube video, creator Austin Williams compares what retirement looked like in 1960 versus what it looked like in 2025. Here is what he said.

Saving Advice

Warning: This New “Benefits Update” Call Is Targeting Seniors—and It Sounds Real

It starts with a simple phone call. One that sounds official, calm, and even helpful. The caller claims there’s a “benefits update” tied to your...

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