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The Latest Breaking News from Social Security

Personal average tax rates in Europe: Which countries saw the biggest rise in 2024?

The tax burden on workers, composed of income tax and social security contributions, varies widely across Europe. In 2024, this burden changed significantly in some countries, with notable rises and falls.

Euronews

Social Security retirement age is changing this year. Here’s what you need to know

The increase for full retirement benefits represents the final scheduled increase in retirement age

The Independent UK

Foreign groups are stealing $1 trillion a year through identity theft – and DOGE is just letting it happen

Report by identity verification services company says scammers are bilking billions from US government agencies and citizens

The Independent UK

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Supreme Court sounds open to limits on nationwide injunctions - Roll Call

The Supreme Court appeared ready Thursday to place some limits on the power of district judges to freeze presidential actions nationwide.

Roll Call

GOP Trump Account for Savings: Treasury Outlines July 4 Launch

The official mobile app is live as the program enters its activation phase. Here’s who is eligible and when your child could receive the $1,000.

Kiplinger

The Rule of 240 Paychecks in Retirement

The Rule of 240 Paychecks can help you plan for a lifetime of withdrawals. Because, like any good boss, you need to pay yourself wisely.

Kiplinger

Older people in crosshairs as government restarts Social Security garnishment on student loans

As the Trump administration resumes collections on defaulted student loans, hundreds of thousands of older Americans with decades-old debts are now at risk of having their Social Security checks garnished

The Independent UK

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Republicans push for bigger families – but their tax bill could exclude millions from child credits

Estimated 17 million kids would be ineligible for tax credit because their parents wouldn’t make enough to qualify

The Guardian - US

How Much Would Social Security's 2033 Shortfall Cost You?

The Social Security trust fund will be insolvent in 2033 and by 2035 will have to reduce benefits by 23%. Here is now much more you need to save to cover the potential shortfall.

Kiplinger

The Odd Couple: Renting Out a Room in Retirement

Whether you're more Golden Girls or Felix Unger, renting out a room in retirement might make financial sense. You might even have fun.

Kiplinger

How to Be Your Own Consumer Watchdog

Big changes are afoot at federal agencies. Make these moves to protect yourself financially.

Kiplinger

The Three Retirement Tax Issues I Nag My Clients About

A financial professional highlights areas of tax planning that retirees should have on their radar as they finalize their retirement plan.

Kiplinger

Donald Trump shows good instincts with his tax plan—he just needs to go bigger

Freeing Americans from income tax for their first 25 years in the workforce would transform lives—and the nation.

Fortune

Here's How the Child Tax Credit 2025 Amount Will Increase Under Trump

President Trump’s ‘One Big, Beautiful Bill’ changes the federal child tax credit. Here's how.

Kiplinger

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Al Jazeera

Can green card, visa holders get Real ID, required to fly in the US?

Trump administration’s move to make the Real ID mandatory raises questions about how it will affect noncitizens.

Kiplinger

I'm 60 with $4 Million — Can I Have a Luxury Retirement?

With inflation and volatility, how careful should I be?

Kiplinger

How Financial Advisers Can Help Clients Navigate the SSFA

The Social Security Fairness Act's big changes and new opportunities could require adjustments in tax strategy for some Social Security recipients.

Kiplinger

Baby Boomers vs Gen X: How They Approach Retirement Differently

One generation is nearing retirement, while another is already there. The way they're navigating this important life transition couldn't be more distinct.

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The Guardian - US

Trump officials investigate state aid program for people who legally migrated to US

California’s Cash Assistance Program for Immigrants provides cash to elderly, blind and disabled immigrants

Kiplinger

Is a Silent Wealth Killer Stalking Your Retirement?

Poor tax planning can drain your retirement of tens or even hundreds of thousands. Stop the bleeding with a laser focus on tax efficiency.

The Independent UK

Goodbye Luna, hello Sofia: America’s top baby names have been revealed

American parents are increasingly choosing names that have cross-cultural appeal

The Independent UK

Trump’s ‘big beautiful’ spending bill appears on life support as GOP looks to end some tax relief president created

Republicans might have to reduce the number of taxes cut by half a trillion, while GOP lawmakers from blue states rejected a proposal to offer tax relief

Kiplinger

You Could Live a Century. Here's How to Plan for Your Retirement.

Your retirement planning needs a longevity check, according to a new study. Here's what you can do.

Kiplinger

Big Tax Deduction Increase Proposed for Those Over Age 65

A new bipartisan bill and a tax plan from the House GOP could mean bigger retirement tax savings to offset taxes on Social Security and high prices.

Kiplinger

Don't Let Chronic Illness Drain Your Retirement Savings

If you have a chronic illness, you know that the proper care can be expensive and, in many cases, lifelong. Here's how to get the healthcare you need in retirement.

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