The Latest Breaking News from Social Security

Divorced at 45? These 7 Money Decisions Can Matter More Than Who Gets the House

Divorce at 45 can turn a comfortable financial routine into two separate balance sheets almost overnight. The house may attract the most attention, but retirement accounts, debt, taxes, insurance, and future income can shape the next 20 years even more.

Clever Dude · Sep 27

$500,000 in a 401(k) and $100,000 in Cash: Spending the Wrong One First Can Raise Your Medicare Premium Two Years Later

A retiree with $500,000 in a 401(k) and another $100,000 sitting in cash has more than a simple spending choice. Taking money from the 401(k) can increase taxable income, and that income can affect Medicare premiums two years later.

The Free Financial Advisor · Sep 27

The Raise Was $5,000 — Here’s How Much Might Actually Reach the Bank Account

A $5,000 raise sounds like an extra $416.67 a month, but that is not what most employees will see in their checking accounts. Federal income taxes, Social Security and Medicare taxes, state taxes, and workplace benefits can all reduce the increase. Depending on where you live and how your benefits…

Budget and the Bees · Sep 27

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

A Medicare Caller Knows Your Name and Address — Giving One More Detail Can Cost You Your Benefits

The person on the phone knows your full name, your address, and perhaps even that you’re enrolled in Medicare, so when they ask you to...

Saving Advice · Sep 25

Trump administration gets Supreme Court green light on expanded voter database - here’s what changes

The Supreme Court has cleared the way for the Trump administration to tap into an expanded federal database for checking voter citizenship. This initiative, utilizing the Systematic Alien Verification for Entitlements (SAVE) program, allows states to obtain more information. Nonetheless, there are restrictions on removing voters from rolls before elections.

The Economic Times · Sep 25

US Supreme Court allows Trump to use controversial voter 'verification' system

The US Supreme Court on Friday ruled the Trump administration can use a controversial new federal database that would ostensibly verify voter citizenship in November’s elections. Critics argue the administration is exaggerating the threat of non-citizen voters – an extreme rarity in US elections – to implement policies that would…

France 24 · Sep 25

Social Security’s annual cost-of-living adjustment is coming soon. Here are the states where the biggest hike in years could have the most impact

The Senior Citizens League estimated the COLA for 2027 will be 3.5%, while the AARP projected a 3.6% hike.

Fortune · 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