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The Latest Breaking News from Social Security

Annuities and Tax Planning Boost Retirement Income and More

Smart planning takes advantage of the tax benefits of lifetime income protection through annuities. But wait — there’s more.

Kiplinger

Tax-Smart Strategies for Account Withdrawals

Understanding the best way to tap your IRAs and other accounts can help you preserve your savings and lower your tax bill.

Kiplinger

Social Security Confirms No $600 Increase Until 2025, Warns of Scams

"Reports of a $600 payment increase are FALSE, please be aware and don't fall for this stunt," Social Security Commissioner Martin O'Malley said in a news release.

International Business Times

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How IRAs Impact Social Security

Do your traditional IRA distributions count as income that could lower your social security benefits? It depends.

Kiplinger

Scams are increasingly targeting seniors: here are some of the most popular ones and how to prevent them

Latinos in the U.S. had the highest labor force participation among seniors, making them increasingly vulnerable of a variety of scams

Latin Times

Modern-day outlaws, ‘sovereign citizens’ threaten the rule of law

In May 2024, an Oklahoma man was arrested and charged with kidnapping and murdering two women, becoming the fifth member of an anti-government group called “God’s Misfits” to face such charges.

The Conversation

The Guardian view on social security: Labour must face the harm caused by benefit cuts

Editorial: A huge gap has opened up between pensions and working-age benefits, and millions of children are paying the price

The Guardian - UK

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IRA vs Roth vs 401(k): Which Do You Pick?

All offer great tax breaks as you save for retirement. In addition, there are 403(b), SEP and SIMPLE plans and more. But don't worry. It’s hard to go wrong.

Kiplinger

White House Criticizes Republicans Over 'Maganomics' And Tariffs Plan

White House criticizes GOP's 'MAGAnomics' and Trump's tariffs, while Biden focuses on protecting Medicare, Social Security, and reducing the deficit.

Top News

These are the states with the lowest cost of living for older couples on Social Security

A ranking by GoBankingRates listed the top 10 states with the lowest cost of living for older adults.

Latin Times

The Average 401(k) Balance by Age and Generation

How did your 401(k) balance rank vs savers your age in the third quarter? Learn the keys to building a retirement balance that will last a lifetime.

Kiplinger

Huge Frontier hack exposed personal info of 750,000 customers — including Social Security numbers

A massive number of Frontier customers have had their data stolen, and Social Security numbers are among them.

Tom’s Guide

Scams in Retirement: How to Get Fraudsters to Scram

If a caller asks you for money or personal info like account numbers and passwords, you should hang up. Here’s how to spot scammers and protect yourself.

Kiplinger

The GOP Once Claimed To Be the Party of 'Fiscal Responsibility.' So Why Not Reform Social Security?

Reasonable options include gradually raising the minimum retirement age, adjusting benefits to reflect longer life expectancies, and implementing fair means-testing to ensure benefits flow where they're actually needed.

Reason

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Kiplinger

How Finances Are Split In a Gray Divorce

Navigating how finances are split in a gray divorce? Divvying up assets accumulated over many years of marriage can be complicated.

Kiplinger

How to Add Home Equity to Your Retirement Income Planning

Home equity is sometimes overlooked as a viable resource in retirement. You don’t have to sell your home to find income and liquidity.

Kiplinger

Retirees: Make Your Money Last with Stable Income Strategies

To avoid running out of money in retirement, you need to be able to generate reliable income — without relying on Social Security. Passive income is the key.

Fortune

Medicare fears grip Americans: Nearly 3 in 4 adults under 65 worry it won't be around for them

“Threats to Medicare and Social Security loom large.”

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Kiplinger

9 Things You Should Keep in a Home Safe

Put these valuables in a home safe, not a bank safety deposit box (or under a mattress). You'll be glad you did.

The Independent UK

The behind the scenes chaos which led the Social Security watchdog to resign

In her resignation letter, Gail Ennis described the agency she had run for five years as “vibrant” and thanked her colleagues - despite years-long calls for her resignation and accusations of retaliation.

The Independent UK

Social Security chief resigns amid claims she tried to block investigations into her office

Several problems emerged under Social Security Inspector General Gail Ennis’ leadership

Fortune

No pension, no problem: Goldman Sachs report shows how younger generations are becoming more retirement-ready than boomers

Gen Xers and baby boomers taking "too long" to adapt to the new retirement system, Goldman Sachs says.

Kiplinger

Insurance Policies You Need to Change After Your Spouse Dies

Auto, home and health insurance policies all will need to be updated to ensure uninterrupted coverage. And don’t forget to check in on life insurance policies.

The Texas Tribune

Texas officials compromised ballot secrecy as they increased election transparency

In limited instances, the choices some Texas voters make can later be identified using public, legally available data.

TechRadar

Millions of US customers have social security numbers stolen in major Sav-Rx data breach

2.8 million people have had their SSNs stolen in a data breach, Sav-Rx confirms.

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