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The Latest Breaking News from Social Security

Rachel Reeves unveils fresh welfare cuts as growth forecast halved

RACHEL Reeves has set out further cuts to social security benefits as she confirmed the UK’s growth forecast for this year has been halved.

The National (Scotland)

What Retirees Need to Know About Taxes

Take steps to avoid a surprise tax bill and underpayment penalties.

Kiplinger

Roth Conversion in a Down Market: Is it Right For You?

Facing a future tax hit on your retirement savings? A Roth conversion may be a way to lower the taxes you owe.

Kiplinger

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

US Social Security Website Crashes Four Times In 10 Days, Raising Concerns Over Staffing Cuts

Massive workforce downsizing and new mandates enforced by DOGE are severely impacting access to Social Security services for millions of recipients.

International Business Times UK

Ian Murray says benefits cuts have 'zero impact' on Scottish budget

The Scottish Government will see “zero” impact to its budget as a result of Labour’s £5 billion cut to social security benefits, according to…

The National (Scotland)

The challenges facing Rachel Reeves are clear – and painful

THE INDEPENDENT VIEW: Editorial: All the signs are that the reforms to the NHS, social security and the civil service are only the beginning of a longer, and inevitably more painful, process of change

The Independent UK

Judge blocks DOGE from accessing sensitive information at US agencies

A federal judge has temporarily blocked Elon Musk’s Department of Government Efficiency from accessing people’s private data at the Education Department, the Treasury Department and the Office of Personnel Management

The Independent UK

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Max US Social Security Monthly Benefit is Over $5K: Three Ways to Secure That Income

Increasing your annual income, working for at least 35 years, and delaying Social Security benefits claims can increase your monthly income significantly.

International Business Times UK

ABLE Account: A Savings Tool to Empower People With Disabilities

An ABLE account can improve quality of life for individuals with a disability — it permits tax-free saving for ongoing expenses without jeopardizing benefits.

Kiplinger

401(k) Spousal Consent: Lawmakers Reintroduce Legislation

The Women's Retirement Protection Act (WRPA) would prevent spouses from raiding their partners' 401(k) accounts.

Kiplinger

Social Security Fairness Act: Five Financial Planning Issues to Revisit

More money as a public-sector retiree is great, but there could be unintended consequences with taxes, Medicare and more if you're not careful.

Kiplinger

Social Security Warning: Five Missteps Too Many Women Make

Claiming Social Security is complicated, and for women the stakes are high. What you don't know can cost you, so make sure you do know these five things.

Kiplinger

Curtis: GOP "not being honest" about SSA

The Republican senator from Utah accused the GOP of trying to have it both ways on meddling with Social Security

Salon

AI-powered tax scams are here - how to stay safe from deepfakes, phishing and more this tax season

Tax season is almost here and this year there have been warnings about new AI-powered scams in addition to phishing and impersonation attacks.

Tom’s Guide

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Kiplinger

20 Ways to Clean Up Your Finances This Spring

Spring cleaning is therapeutic and stops costly problems from building up around the home. Why not tackle the dusty corners of your finances at the same time?

Kiplinger

Tax Diversification: Smart Ways to Preserve Your Nest Egg

A long and active retirement may be costly — and may even bump you into a higher tax bracket. Paying some taxes on your savings now could be the answer.

The Independent UK

New Social Security rules present barriers to rural communities without internet, transportation

A new requirement that Social Security recipients go online or in person to a field office to access key benefits, instead of just making a phone call, will be difficult for many people to meet

Kiplinger

How to Stop Scammers Targeting Your Retirement Savings

Anyone can fall victim to a financial scam, but retirees can be more vulnerable than most, so stay alert to these common tricks that could catch you off guard.

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news in one place.

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Tom’s Guide

Your Social Security number is a literal gold mine for scammers and identity thieves — here’s how to keep it safe

A valid Social Security number can be invaluable for identity thieves but these tips can help keep yours from falling into the wrong hands.

The Independent UK

A dump of JFK-related records reveals past CIA secrets but also some personal data

History buffs have uncovered revelations about U.S. espionage in the 1960s in thousands of pages of newly released government records about the assassination of President John F. Kennedy

Salon

The fight for North Carolina's top court

Republican Judge Jefferson Griffin is trying to overturn his 2024 loss to Supreme Court Justice Allison Riggs

The Conversation

Why the social pain of welfare reform overshadows any economic gain

The UK government is calling it the “biggest shakeup to the welfare system in a generation” – prompted by what the prime minister described as the “devastating” cost of sickness and disability benefits. Planned reforms to cut those costs are designed to save £5 billion a year by 2030, from…

Latin Times

Social Security Chief Threatens to 'Turn Off' Agency After DOGE Blocked From Accessing Americans' Personal Data

A legal battle over government data access has led the Social Security chief to threaten shutting down agency operations.

Reason

Pesky Judges

Courts stop DOGE from accessing Social Security Administration data and prevent Homeland Security from deporting Georgetown fellow Badar Khan Suri.

Fortune

DOGE's plans for social security are a 'backdoor' way to cut payments, experts warn: 'This is the most serious threat I've ever seen to it’

Elon Musk’s government efficiency team, DOGE, is taking aim at Social Security, claiming fraud while pushing controversial changes.

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