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The Latest Breaking News from Social Security

Reform Social Security for Those Who Need It Most

As it stands, the program effectively redistributes money from younger and poorer people to richer people.

Reason

States That Offer a Child Tax Credit

Fifteen states plus the District of Columbia currently offer a child tax credit. Here’s how much you can get this tax season.

Kiplinger

Some Social Security Recipients Will Get an Extra Check Soon

SSI beneficiaries will receive an extra check in November. It's not due to government largesse but a calendar quirk.

Kiplinger

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

Understand Your ESOP Benefit: The Diversification Option

You can sell your shares back to the company during your employment years, called diversification in ESOP terms. What are the pros and cons?

Kiplinger

Texas lawmakers signal push to require proof of citizenship from voters

Gov. Greg Abbott gave an inflated number of noncitizens removed from the state’s voter rolls, officials acknowledged, confirming findings by ProPublica, The Texas Tribune, and Votebeat.

The Texas Tribune

Three Tax Reasons to Retire in Panama in 2025

With low property taxes and tax-free foreign income, this tropical paradise could make you rethink retirement as a U.S. expat.

Kiplinger

Happening in Plains sight: A competitive Nebraska Senate race - Roll Call

NELIGH, Neb. — Melvin Woods has voted a straight Republican ballot for at least three decades. But next month, the 77-year-old, who lives on a farm in northeastern Nebraska and supports former President Donald Trump, says he just might reject Republican Sen. Deb Fischer in favor of an unlikely choice:…

Roll Call

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Dave Ramsey: Claiming Social Security At 62 Can Return More Than Waiting Until 70—If You Invest It All

Ramsey thinks investing Social Security income starting at 62 in mutual funds can help overcome shortfalls for the early claim.

International Business Times UK

When Does a Nest Egg Become a Ticking Tax Bomb?

Retirement savers with big bucks in traditional IRAs and pretax 401(k)s could face huge tax bills when RMDs kick in. One potential solution? A Roth 401(k).

Kiplinger

Eight 401(k) Mistakes That Could Tank Your Retirement

401(k) mistakes like cashing out early and not taking advantage of an employer match can upend your retirement.

Kiplinger

Silver Lining? Four Tax Benefits of a Lower 2025 Social Security COLA

Could less mean more, when it comes to taxes and the Social Security benefit increase for 2025?

Kiplinger

You're 60 Years Old With $1 Million Saved: Can You Retire?

The answer depends on several factors. The key is to create a plan that combines all aspects of retirement — income, taxes, health care and legacy planning.

Kiplinger

JD Vance says ‘they want you to live in a pod, eat bugs and own nothing’ at bizarre North Carolina event

Trump’s running mate also debuted a strange impression of Kamala Harris and criticized her supposedly ‘awkward cackle’ at the campaign event. Eric Garcia reports from Greensboro

The Independent UK

Social Security COLA For 2025 Increases Payments For 72 Million Americans By 2.5%, Lowest In Years

The Social Security Administration's 2.5% COLA hike for 2025 will increase the monthly income of retired workers by an average of $50 and $100 for widowed mothers with two children.

International Business Times UK

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Roll Call

Trump pitches tax write-off for auto loans in Detroit speech - Roll Call

Former President Trump proposed making interest on car loans tax-deductible Thursday in the latest of a series of tax cuts he has promised.

International Business Times UK

American Dream Accounts Act: New Bill Proposes $25K For Every US High School Graduate Via Social Security Investment

The proposed bill is expected to help kids become familiar with financial planning early on and level the playing field for Americans from all walks of life by offering each the chance to achieve financial freedom.

International Business Times

Here's How Much Social Security Checks Are Going Up Next Year

The cost-of-living adjustments are tied to the rate of inflation as measured by the Bureau of Labor Statistics

Fortune

Social Security recipients will get smallest cost-of-living adjustment in years in 2025

After years of high inflation, the COLA is coming back down to earth.

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news in one place.

100’s of premium titles.
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Kiplinger

Social Security Tax Limit Jumps 4.4% for 2025

The Social Security Administration has announced significant changes affecting millions as we approach a new year.

Kiplinger

Social Security COLA Is 2.5% for 2025: What to Know

The 2025 Social Security COLA, tax wage cap and how much you need to earn to qualify for SS credits has been announced by the Social Security Administration.

Reason

Chase Oliver on Budget Cuts, War, and Immigration

"Right now, we need to get ourselves at least to a balanced budget, and that involves cutting a lot of the third rails of American politics," the Libertarian presidential nominee tells Reason.

International Business Times

How Small Are 2025 Social Security Increases Expected To Be?

The cooling inflation rate in the United States means smaller increases for 70 million people who are collecting benefits.

Kiplinger

How to Create a Retirement Plan That Checks All Your Boxes

You might consider starting with a model retirement plan that has already been assembled and is ready to be refined to meet your objectives.

Salon

Trump tax plan helps top 5%, hurts 95%

"This is an enormously redistributive tax plan from low- and middle-income families to the wealthiest Americans"

The Independent UK

Online scammers con elderly couple out of $3 million in gold bars - that only ended with an FBI sting

The scam ended on Friday, when an undercover FBI sting nabbed a courier allegedly working for the fraud ring

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