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The Latest Breaking News from Social Security

7 Medicare Costs Rising Faster Than the 2027 Social Security COLA Forecast

Retirees across America face a financial squeeze as Medicare expenses continue climbing faster than projected Social Security COLA adjustments for 2027. Many households already stretch fixed incomes, and healthcare costs keep tightening that gap in frustrating ways. Inflation in medical services, prescription pricing, and insurance overhead drives much of this…

The Free Financial Advisor

Is this why retirees still struggle despite a new Social Security COLA forecast? Two ways to earn 4% on your money before the COLA arrives

A projected 3.9% Social Security COLA adjustment is making headlines — but millions of retirees don't need to wait until October to protect their purchasing power. The projected Social Security COLA increase comes after inflation accelerated sharply during March and April. Prices are now rising at their fastest pace in…

The Economic Times

The 5 Most Expensive Retirement Mistakes Americans Over 60 Are Making During This Inflation Spike

Retirement was supposed to feel like a reward, not a financial juggling act under rising grocery bills and shrinking purchasing power. Yet inflation keeps reshaping daily life for Americans over 60, turning once-stable budgets into unpredictable puzzles. Essentials like housing, food, insurance, and healthcare continue climbing faster than many fixed…

The Free Financial Advisor

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When Spouses Clash on Retirement Age: Longevity Risk vs Early Retirement

How can a couple get retirement timing "right" when one spouse comes from a long-lived family and the other doesn't?

Kiplinger

I'm a Financial Planner: Here Are 3 Ways to Plan for the Soaring Cost of Long-Term Care

It's never too early to discuss how to pay for long-term care — and as May is Older Americans Month, let's do it now, so you can rest easy in your golden years.

Kiplinger

New Age-Discrimination Law Requires Employers to Train Staff and Protect Workers 55+ from Bias

One in five Americans over the age of 65 is either actively working or looking for work today. This amounts to roughly 11 million older...

Saving Advice

SSO backs telemedicine

The Social Security Office (SSO) is giving financial support to telemedicine services for patients with 26 chronic illnesses, which would reduce travel costs during the ongoing fuel price crisis linked to conflict in the Middle East.

Bangkok Post

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Missed Your Social-Security Check This Month? Here’s Why – And the Exact Date You’ll Get Paid

Many Americans rely on Social Security payments as a financial lifeline that covers essentials like rent, groceries, medications, and everyday bills. So when a payment does not arrive on time, stress can spike fast and confusion often follows close behind. The good news? Most missed or delayed checks follow predictable…

The Free Financial Advisor

India-EU trade pact to help boost domestic auto manufacturing: Senior official

India and the European Union have concluded negotiations for a free trade agreement. This pact is expected to attract significant investments into India. Automobile manufacturing in the country will see a boost. Indian exporters will gain access to the EU's value chain. Prices of imported European cars are likely to…

The Economic Times

“Un-Retiring” Becomes the New Normal: Nearly 1 in 5 Seniors Is Back in the Workforce as Living Costs Outpace Social Security

Retirement used to represent freedom after decades of hard work, but for many older Americans, that picture is changing fast. Rising grocery bills, climbing insurance...

Saving Advice

SSA Can Now Take 100% of Your Benefits to Repay Overpayments—Know Your Rights and How to Negotiate

For millions of retirees and disabled Americans, a Social Security check is not extra income—it is the money that keeps the lights on and groceries...

Saving Advice

Social Security May 20, 2026 payments: Who gets SSA and SSI checks this week, and how much amid inflation?

Social Security May 20, 2026 payments are arriving this week for Americans born between the 11th and 20th. Many retirees, SSDI recipients, and SSI beneficiaries could receive over $2,000 after the latest SSA COLA increase. Some delayed retirees may even collect up to $5,181 monthly. Yet rising inflation, healthcare bills,…

The Economic Times

The Gaps in Legal Oversight: Walkers and the Failures at the Heart of the Port Fund Dispute

The Port Fund was an investment vehicle registered in the Cayman Islands. Walkers' Cayman firm was engaged by The Port Fund, which counted among its investors the state-owned Kuwait Ports Authority (KPA) and Public Institution for Social Security (PIFSS).

International Business Times

Hero Amazon driver saved woman who was being attacked by husband with a hammer inside their home: cops

James Alan Johnson, 72, was taken into custody on attempted murder charges

The Independent UK

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International Business Times

US Social Security 2027 Cost-of-Living Adjustment Tied To Inflation Trends

Social Security benefits in the United States are expected to reflect ongoing inflation trends used in federal cost-of-living calculations for 2027, with reporting highlighting persistent price pressures across energy, housing and services.

The Economic Times

The Iran war is now changing your Social Security check; here's the new 2027 COLA number

Social Security COLA update 2027: Gas prices in America have surged above $4.10 per gallon, up sharply from $3.17 last year, and the impact is now reaching Social Security checks. The latest inflation spike, fueled by global oil tensions and the Iran conflict, is increasing pressure on millions of retirees…

International Business Times UK

Citadel Advisors Cut Stakes in Nvidia, Microsoft and Amazon Despite AI Rally — But Held Onto Tesla and Meta

US hedge funds, including Citadel Advisors, adjusted their portfolios in Q1 amid market volatility, selling stakes in major tech stocks.

Saving Advice

SNAP Benefit Recalculations Are Rolling Out Now — Here’s How They Could Affect Your Food Money

Millions of Americans who rely on SNAP benefits are opening letters, checking their EBT balances, or logging into state portals only to discover their monthly...

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Saving Advice

Social Security’s Maximum Benefit Now $4,152 per Month — How to Max Out Your Payment

For retirees watching every dollar, the idea of receiving the maximum Social Security benefit sounds almost unbelievable. In 2026, the highest possible Social Security retirement...

Kids Ain't Cheap

Why Some Children Lose SSI Benefits After Turning 18 — Even With an Autism Diagnosis

For many families, receiving Supplemental Security Income (SSI) for a child with autism provides essential financial stability. The monthly payments often help cover therapy costs, transportation, educational support, and daily living expenses that insurance may not fully pay for. That is why many parents are shocked when they receive a…

GOBankingRates

6 Side Hustles Boomers Are Using in 2026 To Supplement Their Social Security Income Monthly

Keep reading to discover six side hustles boomers are using to inflate their wallets.

The Free Financial Advisor

The IRS’s “Math Error” Notice Could Cost You More Than You Think

The IRS rarely makes big announcements without consequences hiding behind the fine print, and the “Math Error” notice stands out as one of the most overlooked. This notice often arrives after a tax return review and signals that something on a return does not add up according to IRS systems.…

The Free Financial Advisor

8 Tax Filing Habits That Are Quietly Triggering Refund Delays

Tax season often feels like a race against the clock, but rushing through it can quietly cost time instead of saving it. Many Americans expect their refunds to land quickly, yet small mistakes frequently push those payments into long delays. The IRS processes millions of returns, and even minor errors…

Kiplinger

3 Ways to Potentially Avoid Falling Into a Tax Trap in Retirement, From a Financial Adviser

You may think you'll pay less in taxes once you retire, but taxable withdrawals and Social Security can keep your tax bill as high as it was during your career.

The Economic Times

No Constitutional embargo on State legislature in giving benefits to MLAs, ex-MLAs: Allahabad HC

The Allahabad High Court has upheld the legality of pension and benefits for former MLAs and MLCs, deeming them within the legislature's purview. Dismissing a public interest litigation, the court stated that such provisions are a form of social security for public service rendered and do not violate constitutional principles.

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