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The Latest Breaking News from Social Security

Trump Drops Retirement Bombshell, Wants To Copy Australia's System: 'We're Going To Make It Even Better'

President Trump proposes adopting Australia's superannuation system to reform US retirement savings, aiming to provide a more secure future for American workers amid Social Security concerns.

International Business Times UK

The Roth IRA Shield: How Smart Retirees Are Protecting Their 2027 Social Security Raises From the IRS

The Senior Citizens League is projecting a 3.8% Social Security COLA for 2027, potentially adding about $77 a month to the average retiree's benefit but also pushing more pensioners into paying tax on their benefits.

International Business Times UK

Social Security July Payment Dates: Full Schedule for Retirement, SSI, and Disability Benefits

Over 75 million Americans receive Social Security and SSI benefits. While payments schedules are usually based on birthdays, recipients face a three-Wednesdays cycle in July.

International Business Times UK

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Elizabeth Warren Social Security Proposal to Prevent Benefit Cuts Could Raise $3 Trillion in Taxes

A bipartisan proposal seeks to remove the payroll tax cap, aiming to secure Social Security's future and prevent a retirement income crisis, potentially raising $3 trillion over the next decade.

International Business Times UK

Ohio governor vetoes bill requiring photo ID for absentee voting

On June 24, Ohio Gov. Mike DeWine (R) vetoed legislation that would have required most voters to provide photo identification when either requesting or returning an absentee ballot.

Ballotpedia

Still waiting for your social security payment? Here’s when you can expect it

Lawmakers are searching for solutions to shore up a Social Security system that’s facing a sobering outcome in six years

The Independent UK

Legally Dead and Cut Off: Social Security Mistakenly Disappeared 12,000 Living Americans — Then Fumbled the Fix

An audit reveals over 12,000 Americans were wrongly declared dead by the SSA in 2025, highlighting documentation failures and the need for stronger controls to prevent future errors.

International Business Times UK

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The COLA Trap: Why a Projected 3.8% Social Security Raise for 2027 Fast-Tracks a 22% Payout Cut

A projected 3.8% Social Security COLA in 2027 could give US retirees a welcome pay rise while quietly accelerating the threat of a 22% benefit cut in the next decade.

International Business Times UK

'Outrageous': Senator Slams Elon Musk for Paying Same Social Security Tax as an 'Electrician'

US Senator Patty Murray has accused Elon Musk of paying the same Social Security tax as a $185,000‑a‑year electrician, reigniting a fierce debate over how America taxes its first trillionaire.

International Business Times UK

Devolved benefit helped 186,000 pensioners in first year, Scottish Government says

A DEVOLVED benefit supported more than 186,000 pensioners who have care needs in its first year, the Scottish Government has said

The National (Scotland)

Let’s fix America with grammar

In the MAGAsphere, sloppy language leads to foolish thoughts, and much worse

Salon

Elon Musk Slammed for Paying the Same Social Security 'Taxes' as an Electrician, Ross Gerber Explains Why the Outrage Isn't Valid

Sen. Patty Murray (D-WA) criticized Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk for paying the same social security taxes as an ordinary American, but investor Ross Gerber disagrees with the lawmaker’s criticism.

Benzinga

Millions of People Are Aging Alone: What Living Single Means for Retirement Taxes

Some core tax strategies look different when you're living single and planning for one.

Kiplinger

Should Fully Funded Retirees Invest Like 30-Year-Olds?

When your savings are meant for the next generation, your investment timeline isn't yours anymore. Our Wealth Wise columnist explains how to adjust.

Kiplinger

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Fortune

U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower

Hamilton recognized how debt can unlock resources that could transform the young republic. But first he had to untangle the mess created by the Revolutionary War.

The Economic Times

Trump Accounts Social Security check: $1,000 federal contribution coming at your accounts. Check eligibility, start date

Social Security Check: While only U.S. citizens born during Trump's second administration will receive the $1,000 government contribution, Americans can open a Trump Account for their children under age 18 with a valid Social Security number.

Fortune

Trump Accounts are now available for kids. Here's where the money will be invested in the stock market—in line with Warren Buffett's advice

Money contributed to Trump Accounts at launch will be put in the State Street SPDR Portfolio S&P 500 ETF as an initial default investment.

Kiplinger

Your Retirement Plan Looks Watertight, But Have You Checked for Tax Leaks?

Accumulating wealth for retirement is one thing, having a solid income structure and tax plan is another. Without them, savings could quietly drain away.

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Kids Ain't Cheap

Child Tax Credit: Many Families Expected It to Fall to $1,000 in 2026—Here’s What Actually Happened

For months, many parents worried that the federal Child Tax Credit would be cut in half after 2025, dropping from $2,000 to $1,000 per qualifying child. Those concerns stemmed from the scheduled expiration of provisions from the 2017 Tax Cuts and Jobs Act. Instead, Congress took a different path by…

Saving Advice

Boston’s $1,000 Property Tax Break: Who Qualifies After Age 65?

Property taxes in Boston keep climbing, and for many older homeowners living on fixed incomes, that annual bill can feel like a growing threat to...

International Business Times UK

'Beneficiaries Will Pay the Price': Social Security Presses Ahead With Electronic Payment Transition

Social Security is transitioning to electronic payments, phasing out paper checks by 2026. The change raises concerns for vulnerable beneficiaries without bank accounts.

Kiplinger

5 Reasons You Should Claim Social Security at 70 (And 5 Reasons to Claim It Earlier)

Waiting until 70 to claim Social Security has its benefits, including maximizing your paycheck, but there are also valid reasons why you shouldn't wait.

The Economic Times

EPF Scheme 2026: Will you get more than 8.25% interest on your PF contributions now? Check EPFO update

A new Employees' Provident Funds Scheme, 2026, has replaced the 1952 version under the Code on Social Security, 2020. The EPF interest rate remains at 8.25% for the financial year 2025-26. While digital services are formally incorporated, private PF trusts now face a cap on their declared interest rates, not…

Fortune

AI could wipe $2.2 trillion off the national debt, but there's a catch

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects, which could erase more than half the savings before Washington even cashes the check.

Fortune

Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds

“We should really think about the potential consequences of a really large-scale decline in employment,” UC Irvine economist David Neumark told Fortune.

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