The Latest Breaking News from Social Security

$1 Million at 65: How Long Does It Last if You Withdraw $4,000 a Month?

A $1 million retirement portfolio can provide $4,000 a month at age 65, but the answer to “How long will it last?” depends on what happens between the first withdrawal and the last. At $4,000 per month, the portfolio faces $48,000 in annual withdrawals before considering taxes or inflation.

The Free Financial Advisor · Sep 30

Fugitive lived under dead classmate's name for 40 years, collected $138K in Social Security

A fugitive who was wanted in Wyoming on an attempted murder charge spent more than four decades living under the identity of a deceased former college classmate, according to the US Department of Justice. Stephen Craig Campbell, 76, assumed the identity of Walter Lee Coffman, who died in 1975 at…

The Times of India · Sep 30

NY man allegedly took brother’s Social Security after death; payments reached $109,746

David Darling allegedly accessed his deceased brother's bank account to withdraw funds starting one day after his death. Social Security continued payments into the account, unaware of the brother's passing. Darling's actions reportedly led to $109,746 in stolen benefits, resulting in federal charges against him. The Justice Department's crackdown involved…

The Times of India · Sep 30

Social Security Benefit Increase 2027: What to know about the next COLA

Social Security recipients are awaiting the official 2027 cost-of-living adjustment, which is set to be revealed by the Social Security Administration on October 14. The Senior Citizen League currently projects a 3.5% increase, which would be higher than the 2.8% adjustment for 2026 and 2.5% increase for 2025. If that…

The Economic Times · Sep 29

Pentagon Data Breach Exposed Unencrypted Social Security Numbers for Months, Affecting More Than 3 Million People

A Defense Department server exposed unencrypted Social Security numbers and other personal details belonging to 2.76 million living people and 294,000 deceased individuals, officials said.

International Business Times UK · Sep 29

Americans Nearing Retirement Have Until Year-End to Fix Their Finances — Start With This September 30 Check

Use 30 September as a retirement-planning checkpoint to compare income with expenses, review 2026 savings limits, and assess Social Security and investment choices.

International Business Times UK · Sep 29

8 Signs Your Debt Is Becoming a Retirement Problem Instead of a Budget Problem

Debt becomes a retirement problem when monthly payments start affecting more than this month’s cash flow. The warning signs often appear years before retirement, through decisions that quietly reduce savings, limit flexibility, or force future income to cover yesterday’s purchases.

The Free Financial Advisor · Sep 29

ACA Enrollees Should Review Their HealthCare.gov Accounts Before November 1 as CMS Tightens Rules on Brokers

New CMS broker rules take effect before ACA open enrollment on Nov. 1. How to check your HealthCare.gov account and spot unauthorized plan changes.

Medical Daily · Sep 29

'Management Is Lost': Kash Patel's FBI Reels From Massive Hack Exposing Agents' Home Addresses, Sensitive Jobs

The FBI is investigating an alleged cyberattack that may have exposed employees' personal details and sensitive assignments, while ShinyHunters' claims remain only partly verified.

International Business Times UK · Sep 29

Pentagon data hack exposes information of 3 million people

The breach affected 2.76 million living people and 294,000 deceased individuals, the official said. The exposed information included Social Security numbers and details about the jobs held by military and civilian personnel. The nature of the information has raised concerns about the potential national security implications. The unauthorised access took…

The Times of India · Sep 29