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The Latest Breaking News from Social Security

Education Department says it will not garnish Social Security of student loan borrowers in default

Borrowers who have defaulted on their student loans will no longer be at risk of having their Social Security benefits garnished, an Education Department spokesperson said Tuesday

The Independent UK

Millions of legal immigrants’ lives upended after social security freeze

Program halted suddenly, leaving legal immigrants unable to work due to lack of US social security number

The Guardian - US

Where in Europe are workers losing ground as taxes rise faster than wages?

While most European countries experienced higher real post-tax incomes in 2024, some saw a decline, as rises in personal average tax rates outpaced real wage growth.

Euronews

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What cases are left on the Supreme Court's emergency docket? Here's a look

A little less than once a week on average since President Donald Trump began his second term, his administration’s lawyers have filed emergency appeals with the Supreme Court

The Independent UK

The U.S. is scrapping paper checks—what that means for Social Security recipients who still get them

Check washing scams are on the rise—but changing payment methods could cause confusion.

Fortune

8 Money Lessons That Should’ve Been Taught Before Retirement

For many retirees, financial freedom feels like a moving target. After years of working and saving, some people still find themselves shocked at how unprepared...

Saving Advice

Why Thousands of Seniors Miss Out on Free Money Every Year

Imagine discovering there’s money out there just waiting for you to claim it. That’s the case for thousands of seniors every single year. Yet too...

Saving Advice

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7 Financial Moves That Made Retirement Way Harder Than Expected

For decades, many people dream of retirement as the reward for a lifetime of hard work—a time of travel, hobbies, and relaxation. But the reality...

Saving Advice

Ditch the Fear: A Guide to Embracing Retirement Preparedness

Don't be scared about running out of money, be prepared. This financial professional explains how you can help take control of three critical retirement risk factors with a little planning.

Kiplinger

Trump shrugs off claims about Musk’s drug use - but the White House is ‘happy to see him go’

Musk was ‘a source of consternation’ for some Trump officials, CNN political analyst Maggie Haberman said

The Independent UK

Has Big Brother arrived? Inside the secretive Trump effort to centralize government data on millions of Americans

Effort spans key agencies, including Homeland Security, the IRS, and Social Security

The Independent UK

Ask the Editor, May 30: Questions on the One Big Beautiful Bill

In this week's Ask the Editor Q&A, we answer tax questions from readers on the House-passed “One Big Beautiful Bill.”

Kiplinger

GOP Senator Thanks Elon Musk for Stopping '300-Year-Olds' From Receiving Social Security

A Republican senator thanked Elon Musk for stopping "300-year-olds" from receiving Social Security due to his role with the Department of Government Efficiency.

Latin Times

Most Changes to HSAs in the One Big Beautiful Bill Did Not Make the Final Cut

HSAs were set to get a glow-up in the House version of the OBBB. Unfortunately for most retirees, the final bill did not include many of the benefits proposed by the House.

Kiplinger

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The Free Financial Advisor

The 5 Most Expensive Lie Baby Boomers Still Believe

Retirement should be a time to enjoy the fruits of decades of hard work, but financial security feels more elusive for many baby boomers than ever. Why? Because some of the most persistent money myths from the past are still shaping decisions today, and not in a good way. These…

Thousandaire

8 Retirement Plans That Sound Secure But Will Leave You Broke

Creating a retirement plan can feel overwhelming, especially with so much advice that sounds safe and smart on the surface. But not all retirement strategies are as secure as they seem. In fact, some popular plans could quietly drain your finances and leave you struggling when it’s too late to…

The National (Scotland)

Scottish Government 'will need to find extra £2bn to foot welfare bill', experts say

ECONOMICS experts have warned of a “really challenging period” for the Scottish Government as the bill for social security spending is…

The Independent UK

Elon Musk came to Washington wielding a chain saw. He leaves behind upheaval and unmet expectations

Elon Musk arrived in the nation’s capital with the chain saw-wielding swagger of a tech titan who had never met a problem he couldn’t solve with lots of money, long hours or a well-calibrated algorithm

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Saving Advice

Retired and Broke: What They Wish They’d Done Differently at 40

When most people think about retirement, they envision a slower, softer life—a reward after decades of hard work. Maybe it’s morning coffee on a quiet...

International Business Times UK

US Retirees are Claiming Social Security in Record Numbers Amid Threats to Benefits Continuity

US retirees are claiming social security cheques much earlier than planned and settling for lower monthly incomes amid threats to the program and access to benefits.

The Free Financial Advisor

Boomers in Denial: What They Refuse to Accept About Today’s Economy

Navigating today’s economy feels like walking a tightrope for many Americans, but for Baby Boomers, the ground beneath their feet is shifting faster than they realize. Many Boomers, shaped by decades of relative economic stability, struggle to accept just how much the financial landscape has changed. This disconnect can lead…

Everybody Loves Your Money

5 Cities That Offer the Most Tax Breaks for Retirees

Retirement isn’t just about slowing down—it’s about smart living. And one of the smartest moves retirees can make is choosing a location that doesn’t bleed their hard-earned savings dry. While warm weather and scenic views may top the wishlist, the real game-changer often lies in state tax policies.

Kiplinger

Why Women May Want to Work Longer: It's About More Than Money

Single women over sixty see the most benefit, but all older women should take note when deciding when to retire.

Kiplinger

Four Proposed Changes to Medicare in the One Big Beautiful Bill Act — and What Ended Up in the Signed Bill

Saving Advice

7 Social Security Myths Couples Fight About the Minute Retirement Hits

Retirement is supposed to be the golden era of relaxation, travel, and time well spent with the people you love. But for many couples, the...

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