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The Latest Breaking News from Social Security

How Retirees Can Get Free Money From the Government

From 2025 to 2028, anyone 65 or older can claim a deduction of $6,000 in addition to the current additional standard deduction for seniors under existing law.

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5 Things Retirees Should Be Paying Attention to in the Trump Economy

Hold on to your budget lists, because the U.S. economy in 2026 presents a unique set of challenges for retirees and those nearing retirement. President Trump and the White House administration's...

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Why the IRS May Hold Certain 2026 Refunds for Additional Verification

A large number of Americans rely on their annual tax refunds to make ends meet. It may help them catch up on bills, pay off...

Saving Advice

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How Boomers Can Claim a $6,000 Extra Deduction This Year

From 2025 to 2028, anyone 65 or older can claim a deduction of $6,000 in addition to the current additional standard deduction for seniors under existing law.

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4 Frugal Spending Mistakes Many People Make in Retirement

While being careful with your budget is smart, becoming too frugal can create avoidable problems. Here are four common money mistakes many retirees make.

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8 States Where Social Security Goes the Furthest in 2026

In January 2026, the Social Security Administration (SSA) enacted a cost-of-living adjustment (COLA) for benefit recipients, boosting payouts by 2.8%. This increased the average retiree payment by...

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Retirees Are Returning To Work — Here’s the Big Reason Why

Rising costs and income gaps are pushing many retirees back to work. Here’s the main reason retirement isn’t lasting as planned.

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Social Security Break-Even Math Is Helpful, But Don't Let It Dictate When You'll File

Your Social Security break-even age tells you how long you'd need to live for delaying to pay off, but shouldn't be the sole basis for deciding when to claim.

Kiplinger

Why Some Federal Benefit Payments May Arrive Later Due to Processing Changes

For millions of Americans who rely on Social Security, SSI, VA benefits, or other federal payments, timing is everything. A single late deposit can throw...

Saving Advice

Death and Taxes: Why More Seniors Are Facing Surprise Bills After a Spouse Passes

Losing a spouse has been ranked as the #1 most stressful life event, with 70% of women being widowed at least once in their lives....

Saving Advice

Why SSA Earnings Errors Spike During Tax Season — And How Seniors Can Fix Them

Tax season isn’t just about filing returns. It’s also the time when many seniors discover mistakes hiding in their Social Security earnings history. These errors...

Saving Advice

'No one is close': BlackRock’s Larry Fink warns Americans have saved egregiously less than they need for retirement

Many Americans have less than $150,000 saved for retirement.

Fortune

10 Utility Pricing Structures That Punish Fixed-Income Customers

Your utility bill doesn’t care that your income never changes. Every month, electric, water, and gas companies send out statements that assume flexibility. They assume room to absorb spikes, the freedom to shift usage, and the ability to shrug off new fees. For anyone living on Social Security, a pension,…

Everybody Loves Your Money

$56 trillion national debt leading to a spiraling crisis: budget watchdog warns the U.S. is walking a crumbling path

Trump is putting the U.S. economy on a "sugar high" and leaving other people holding the bill when it comes due a decade from now, according to the CRFB.

Fortune

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How Much the Average Upper Class Retiree Receives in Social Security Benefits at Age 81

Social Security plays a critical role in the retirement security of many Americans. But even for those in the upper class, benefit amounts aren't necessarily substantial. On average, retired...

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3 State Tax Strategies To Keep More of Your Social Security in Retirement

Learn how smart state tax strategies can help retirees keep more of their Social Security benefits and reduce taxes in retirement.

We Got This Covered

‘I’m coming to you Jesus’: Racist grandpa accuses flight attendant of buying ‘illegal social security number,’ proceeds to drop to the floor and wail

He was promptly kicked off of the plane after his tantrum onboard an American Airlines aircraft.

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5 Tax Strategies That Could Save Freelancers Hundreds in 2026

With some advance planning, freelancers can lower their tax bill and save hundreds of dollars.

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Most Americans Misjudge Social Security’s Future: Here’s What They’re Missing

Many Americans misunderstand just how underfunded Social Security is -- and what that could mean for future benefits.

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3 Home Depot Items Retirees Should Avoid Plus the 9 Best Items To Own on Social Security

There's something for every type of retirement budget at The Home Depot. Even if you're on a fixed income, the home improvement megastore has products.

We Got This Covered

Elon Musk DOGE incompetence may mean ALL Social Security numbers need to be changed

A whistleblower from Social Security speaks out!

Saving Advice

The Silent Crisis: 5 Basic Needs Seniors Can No Longer Afford

Somewhere between 19 and 47 million seniors in the United States are struggling financially, with up to 80% of older households considered to be economically...

Saving Advice

9 Regrets Seniors Have About Social Security — From Filing Too Early to Missing Key Credits

For millions of retirees, Social Security is the financial backbone of their later years, but many say they would make very different choices if they...

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11 Best Arizona Cities To Retire With $500K in Savings

GOBankingRates ranked the most affordable Arizona cities to retire with $500,000, factoring in cost of living, housing, livability and Social Security savings.

Everybody Loves Your Money

10 Social Security Errors Newly Divorced People Make

You just ended a marriage. Now you need to protect your future income with the same determination you used to rebuild your life.

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