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The Latest Breaking News from Social Security

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Kiplinger

Which Retirement Accounts Should You Withdraw From First?

Here’s a standard order for when you should tap which account when you’re in retirement.

Kiplinger

Social Security and Medicare Are Ticking Time Bombs

Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.

Reason

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

Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government

Even with new spending restraints included in the congressional debt limit deal, the U.S. government’s deficits are still on course to keep climbing to record levels over the next few decades

The Independent UK

'The Little Mermaid' and a Debt Ceiling Deal: Beyond Taxing

Disney’s 2023 'The Little Mermaid' and the debt ceiling deal have some things in common. One is you can’t always get what you want.

Kiplinger

France rolls out plans to get tough on costly social security fraud

The French government is clamping down on social security fraud - which the Court of Audit says costs the country between 6 and 8 billion euros a year – rolling out plans to make it harder to get benefits while also hiking up penalties for those who cheat the system.

Radio France Internationale

Are You Worried About Running Out of Money in Retirement?

Planning that integrates income annuities can help alleviate the No. 1 fear of retirees, even in worst-case investment scenarios and when living way beyond your life expectancy.

Kiplinger

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Britain’s ever-harsher welfare system means that now only the rich can afford to make art

Postwar artists wouldn’t have had a chance without affordable housing or social security, says Alex Niven of Newcastle University

The Guardian - UK

Cover Your Retirement Income Bases With Scenario Planning

Here are three strategies to help you plan for best- and worst-case scenarios, positioning you for retirement success.

Kiplinger

Democratic veterans from 2 decades of budget wars say the national debt isn't worth holding the U.S. and global economy 'hostage'

"If the future is what you care about, then doing things that hurt the future doesn't make sense.”

Fortune

US Treasury Secretary Janet Yellen pushes back forecast of potential US default date to June 5

US Treasury Secretary Janet Yellen says the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.

ABC News

Tesla Files: 100 GB Of Confidential Data Leaked To German Newspaper

The data leak includes more than 100,000 names of employees – even the social security number of CEO Elon Musk – and personal information, including salaries.

InsideEVs

Universal credit system not working for artists, says Julie Hesmondhalgh

Former Coronation Street actor calls for more support, as survey finds lack of safety net for self-employed creatives

The Guardian - UK

HC orders CBI probe into Haryana's ghost pension scam

CHANDIGARH: The Punjab and Haryana high court on Thursday ordered CBI probe into the disbursement of social security pension to dead persons in Haryana.

The Times of India

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Tribune News Service

Could $25 billion in Social Security payments force a debt-limit deal?

On Friday, June 2, millions of Americans are due a total of $25 billion worth of Social Security payments. And more than anything else, that may prove a decisive element in forcing an end to the partisan standoff over raising the federal debt limit.

WEKU

3 ways to protect your money if the U.S. defaults on its debt

From social security payments to interest rates, a lot hinges on a debt-ceiling deal. Personal finance experts say you should prepare for a possible debt default as you would a recession.

Tom’s Guide

Debt collector breach exposes financial data of 1.1 million Americans — see if you’re affected

The debt collector NCB has disclosed that hackers breached its systems though they also gained access to Bank of America and TD Bank customer data.

Miami Herald

It’s official: Florida Gov. DeSantis files paperwork for his presidential campaign

Ron DeSantis filed paperwork Wednesday to run for president in 2024, making a long-awaited entrance to a race that will test whether a Republican governor who rewrote Florida’s political rulebook — and often infuriated critics — can overcome the challenges of a race for the nation’s highest office.

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Salon

MTG bought McCarthy's used Chapstick

The House GOP caucus "auctioned off" lip balm used by the House speaker amid debt ceiling negotiations

The Hindu

Naveen Patnaik govt. urged not to make cash payment under social security schemes

After incidences of elderly persons facing problems of withdrawing their pension from banks as biometric devices failed to read blurred fingerprints, the Naveen Patnaik Government had on May 20 announced that all beneficiaries under Madhu Babu Pension Yojana would be receiving cash on 15 of every month at disbursement places…

Fortune

The boomer retiree class is facing a 50%-plus cut to next year's Social Security cost-of-living adjustment

This year's Social Security cost-of-living adjustment was the highest it's been in 40 years. Next year, it could be 3.1% or lower.

The Independent UK

Just in case: Anxious retirees, social service groups among those making default contingency plans

Politicians in Washington may be offering assurance that the government will figure out a way to avert default, but around the country, economic anxiety is rising and some people already are adjusting their routines

Daily Record

PIP health conditions most-likely to be given a weekly payment of up to £172 from DWP

A new claim for PIP or Adult Disability Payment could help with daily living or mobility costs.

Kiplinger

Gen Xers Just Aren't Saving Enough for Retirement

A new report reveals what Gen Xers think they need to save for a comfortable retirement.

Kiplinger

How to Buy Treasury Bonds

U.S. Treasury bonds are generally low-risk investments you can buy directly from the government or through brokers and ETFs.

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People

Marjorie Taylor Greene

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Organisations

Social Security Scotland

the Interior Ministry

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