The Latest Breaking News from Social Security

New Social Security Bill Could Let Some Americans Claim Full Benefits at 60 Instead of 67

Representative Haley Stevens proposes a bill that would allow qualifying workers in physically demanding jobs to claim full Social Security benefits at age 60, subject to work-history requirements.

International Business Times UK · Sep 26

Americans Are Claiming Social Security Early Over Fears It Will Run Out. Here's What the Data Really Says

Social Security's retirement trust fund could be depleted in 2032, but ongoing income may cover 78% of scheduled benefits, affecting when Americans claim.

International Business Times UK · Sep 26

Some workers could get full Social Security at 60 under new bill - here’s who may qualify and what you need to know

Rep. Haley Stevens has introduced the Blue Collar Social Security Fairness Act to Congress this week. This bill allows eligible workers in physically demanding occupations to receive full benefits at the age of 60. Under current regulations, workers can claim full retirement benefits at 67 or begin collecting at 62…

The Economic Times · Sep 25

Labcorp to Pay $2.3 Million After Data Breach Exposed Information of 10.2 Million Patients

Labcorp will pay approximately $2.3 million and make significant changes to how it protects patient information shared with outside vendors following an investigation into a massive 2019 data breach involving a third-party medical debt collector.

Clever Dude · Sep 25

New Social Security bill would lower retirement age to 60 for some workers

Workers in physically demanding jobs, such as construction and nursing, would be eligible for full retirement benefits by 60 under the bill

The Independent UK · Sep 24

Which states could be hit hardest by Social Security cuts in 2032? These 10 face the biggest potential economic impact

If you live in one of these 10 states, a Social Security cut by 2032 could hit your local economy harder than elsewhere. The biggest potential impact is in West Virginia, Mississippi and Vermont, according to the CRFB scenario.

The Economic Times · Sep 24

Social Security Could Face 26% Benefit Cuts by 2032 — Newly Retired Couples Could Lose $17K a Year

Social Security benefits could fall 26% after the retirement trust fund is depleted in late 2032, CBO projects, unless Congress acts to close the funding gap.

International Business Times UK · Sep 24

Social Security checks are projected to be cut by $540 a month in six years

The trust fund that maintains the reserve money used to cover differences between earned income and annual Social Security benefits will be insolvent in six years if action is not taken

The Independent UK · Sep 24

Cash You Feed Into a Bitcoin ATM Is Gone for Good — The FTC Warning Seniors Keep Missing

The machine may be sitting inside a familiar grocery store, convenience store, or gas station, which can make the transaction feel almost as ordinary as...

Saving Advice · Sep 24

Louisiana Woman Accused of Using Fake Social Security Numbers to Collect Nearly $45K From 18 Casino Jackpots

Shamika Brown was arrested at a Baton Rouge casino after allegedly returning nearly two years later to claim a $1,264 jackpot linked to false ID claims.

International Business Times UK · Sep 24