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The Latest Breaking News from Social Security

New $6,000 'Senior Bonus' Deduction: What It Means for Taxpayers Age 65 and Older

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Kiplinger

Claiming the Standard Deduction? Here Are Ten Tax Breaks For Middle-Class Families in 2025

Working middle-income Americans won’t need to itemize to claim these tax deductions and credits — if you qualify.

Kiplinger

4 Reasons I Regret Relying Solely on Social Security When I Retired

Jean and Edward Lewis of Texas retired on only Social Security income and have some regrets about it. Read on to find out why.

GOBankingRates

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4 Signs Your Social Security Won’t Be Enough To Support Your Retirement

If you're including Social Security in your retirement plan, here are a few red flags that your benefit won't be enough to fully support you.

GOBankingRates

How Your Social Security Check Changes at Ages 62, 65, 66, 67 and 70

The longer you wait, the bigger your Social Security check. We break it down by the most common ages at which people claim their benefits.

Kiplinger

How Many Hours Can You Work and Still Collect Social Security Benefits?

Be aware that continuing to work after claiming could reduce the amount that you receive, particularly if you have not yet reached full retirement age.

GOBankingRates

'My Stocks Absolutely Exploded' During COVID, Says Scott Galloway. The Bill Will Be Paid By Future Generations Facing Record Debt

Scott Galloway got straight to the point in last year’s TED Talk. The New York University professor and author delivered a blistering presentation on what he calls a deliberate and dangerous transfer of wealth from young to old.

Benzinga

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Over Age 65? New $6,000 'Senior Bonus' Deduction Is Available Even If You Itemize

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Kiplinger

Are DINKs Falling Behind in Retirement Because They Wait Too Long to Start?

Couples without children are assumed to have a financial advantage. With two salaries, many people expect them to breeze into retirement. In reality, it’s not as black and white. Many DINK couples delay saving, assuming their higher earnings will cover future needs. By the time they realize how much they’ll…

Dinks Finance

Social Security September 2025: When Your Checks Will Arrive

Find out exactly when your Social Security check will arrive in September 2025—plus what to expect based on your birth date and payment schedule.

GOBankingRates

Trump Admin 'Lying' And 'Fudging The Numbers' About Social Security Wait-Time Data, Says Elizabeth Warren

Sen. Elizabeth Warren (D-Mass.) said the Trump administration is "fudging the numbers" on how long Americans wait for help from Social Security, pointing to her office's findings and to recent reporting that refute the agency's rosy claims.

Benzinga

Want An Extra $50,000 In Your 401(k)? Delay Retiring

Don’t think putting off retiring for six months to a year will have a meaningful impact? Think again. See how much it can help.

Kiplinger

Social Security COLA at Risk? How Tariffs and Turmoil Could Cut Increases

The countdown to next year’s Social Security Cost of Living Adjustment (COLA) has already begun, but this time the process is clouded with uncertainty. Recent...

Saving Advice

7 Divorce Costs That Destroy Retirement Funds Overnight

Divorce can upend your life in more ways than one. While the emotional toll is often front and center, many overlook how divorce costs can destroy retirement funds overnight. The financial fallout can be swift and severe, especially for those nearing retirement. Legal fees, asset division, and unexpected taxes can…

Clever Dude

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GOBankingRates

6 Key Signs You’ll Be Able To Enjoy a Middle-Class Retirement

Explore the signs that you'll be able to enjoy a middle-class retirement without stressing about paying the bills in your golden years.

Benzinga

Trump To End Paper Social Security Checks By Sept. 30, Forcing 500,000 Beneficiaries To Switch To Digital Payments

In a landmark move, President Donald Trump has ordered the end of paper Social Security checks by September 30, requiring more than half a million beneficiaries to switch to digital payment methods.

Saving Advice

10 Times Retirees Regret Following Popular Financial Advice

Throughout life, people are bombarded with financial advice—save more, invest early, avoid debt. While much of it sounds wise, not every piece of advice works...

Saving Advice

Are Nursing Homes Still Allowed to Take Your Spouse’s Income?

When one spouse enters a nursing home, families often panic about losing their hard-earned savings and monthly income. The fear that a facility can simply...

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news in one place.

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Benzinga

Economist Warns Social Security, Medicare Insolvency By 2034 Could Trigger Bond Market Selloff, Forcing Congress Into Painful Fiscal Reforms

The trust funds for Social Security and Medicare are expected to be depleted by 2034, which could prompt the bond market to push Congress into action, according to a leading economist.

The Independent UK

Trump’s bill a ‘death warrant’ say parents of sick rural kids whose treatment is tied up in Medicaid red tape

‘One Big Beautiful Bill Act’ is projected to cut nearly $1 trillion in Medicaid spending over the next decade. Parents with sick kids and doctors tell Rhian Lubin the cuts are ‘final nail in the coffin’

GOBankingRates

What Is Social Security’s First Year of Retirement Rule?

Retiring and claiming Social Security benefits is a major financial milestone, but it can also come with confusing rules, especially if you retire mid-year. One of the most important yet often...

Kiplinger

Why Is My First Medicare Bill So High?

Your first Medicare bill may be higher than expected for several reasons. If your premiums aren't taken out of your Social Security benefit, the bill can be huge.

GOBankingRates

9 Smart Habits To Start With Your Social Security Check Now

While many things are out of a retiree's control, such as inflation or government policies, adopting these nine habits can make it easier to stay ahead.

Benzinga

A Son Warned His Mom To Save For Retirement, But She Told Him It's A Scam. Now She's Getting Divorced And Is Retired With Nothing Saved

A concerned son shared a tough story about his 67-year-old mom who retired with no savings, is now getting divorced, and only has $1,000 a month to live on. He had warned her in the past to save for retirement, but she refused.

Fortune

Social Security and Medicare cuts are coming because the bond market will eventually bring Congress to its knees, economist says

"A sharp upward repricing of the term premium for longer-dated bonds could force Congress back into a reform mindset."

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