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The Latest Breaking News from Social Security

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.

Benzinga

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...

Saving Advice

From analysis to the latest developments in health,
read the most diverse news in one place.

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.

Benzinga

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’

The Independent UK

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...

GOBankingRates

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.

Kiplinger

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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.

GOBankingRates

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.

Benzinga

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."

Fortune

6 Dangerous Assumptions People Make About Social Security

For millions of Americans, Social Security is expected to serve as the foundation of retirement income. Yet far too many people build their financial plans around misconceptions that can leave them unprepared when the time comes. Relying on false expectations can create serious gaps in income, forcing retirees to work…

The Free Financial Advisor

9 Cases Where FIRE Sabbaticals Lead to Unexpected Tax Penalties

Early retirement has a glossy shine—beaches, hikes, side projects, and no alarm clocks. But step off the traditional work treadmill and the IRS might be waiting with an unexpected bill. Many people in the Financial Independence, Retire Early (FIRE) movement take sabbaticals, either between jobs or before fully retiring, and…

Everybody Loves Your Money

Want to Retire At 70? See if You Can Answer These Six Questions

Thinking of finally calling it quits? Use this checklist to see if you are ready.

Kiplinger

10 Lesser-Known Tax Rules That Cost Households Big Money

Tax season can feel overwhelming, especially when you realize how many tax rules are tucked away in the fine print. Many households miss out on savings or end up paying more than they should because they don’t know about certain lesser-known tax rules. These overlooked details can quietly drain your…

The Free Financial Advisor

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Budget and the Bees

Are Your Overseas Bank Transfers Killing Your Social Security Benefits?

Many Americans dream of living abroad, whether in retirement or for work. But if you receive Social Security benefits and frequently make overseas bank transfers, you might be risking more than just extra fees. Understanding how these international transactions affect your Social Security benefits can help you avoid costly mistakes.…

GOBankingRates

28 Best US Counties for Snowbird Retirees — 9 Are in Florida

Explore the best US counties for snowbird retirees based on cost of living, taxes and weather. Naturally, Florida dominates, but where do other states shine?

GOBankingRates

Social Security, Retirement Funds and 3 More Financial Concerns Boomers Should Discuss Before Getting Married

From Social Security to taxes, discover the crucial money topics boomers should discuss before saying “I do” to protect their finances and retirement future.

Kiplinger

Tactical Roth Conversions: Why 2025-2028 Is a Critical Window for Retirees

The One Big Beautiful Bill (OBBB) extended today's low tax brackets, but they may not last. Here's how smart planning now can prevent costly tax surprises later.

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AAP

Welfare debts waived for domestic violence survivors

Centrelink debt incurred through "insidious" family violence will be waived for survivors to stop further abuse from being inflicted on vulnerable people.

The Independent UK

Social Security whistleblower who claimed DOGE uploaded 300 million people’s data to the cloud quits post

DOGE whistleblower Charles Borges wrote that new leadership in the technology and executive offices ‘created a culture of panic and dread’

GOBankingRates

5 Ways To Make Money in Retirement Without Going Back To Work Full Time

Here are five ways to make money in retirement that don't involve going back to work full time.

GOBankingRates

What Would Happen If Social Security Could Sustain the Average Middle-Class Retiree’s Lifestyle?

Financial experts analyzed what would happen if Social Security paid $5,000 monthly to sustain middle-class retirees and the massive funding challenges.

Kiplinger

The Rule of Two Lives in Retirement

The 'rule of two lives in retirement' means accounting for your partner at every decision point, because one life becomes two.

Benzinga

Social Security Whistleblower Resigns Citing 'Culture Of Panic' Over Trump-Backed Data Modernization Efforts

On Friday, Charles Borges, the Social Security Administration's chief data officer, resigned after filing a whistleblower complaint alleging security risks tied to the President Donald Trump administration-backed efforts to modernize the agency's data systems.

Saving Advice

What Will It Really Cost to Live Until 95?

Retirees today are living longer than ever, and many underestimate the true costs of reaching age 95. While the idea of decades of freedom sounds...

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