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The Latest Breaking News from Social Security

Why You Should Teach Your Kids Investing

Putting money in the stock market is one of the best ways to build wealth in America. That's why it is so important for parents to teach their kids investing.

Kiplinger

Lori Vallow is facing life in prison for her children’s murders. We only know one side of the story

For more than three years, Lori Vallow has refused to reveal what happened to her murdered children and Tammy Daybell. Even now she’s convicted, the only story known is the one laid out by the state of Idaho. Rachel Sharp reports

The Independent UK

Jury finds Lori Vallow Daybell guilty of murdering 2 of her children

A jury in Boise, Idaho, found Lori Vallow Daybell guilty of murdering two of her children and conspiring to murder a romantic rival. Vallow Daybell, 49, could face life in prison.

WEKU

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Lori Vallow ‘groomed’ and ‘manipulated’ Chad Daybell and Alex Cox to kill, prosecutor says in closing argument

In closing arguments, prosecutor Rob Wood argued that Lori Vallow was driven by ‘money, power and sex’ – and that she used all of those things to manipulate her alleged accomplices to do her bidding

The Independent UK

Liam and Olivia continue to reign atop Social Security's top baby names in the U.S.

Dutton and Wrenlee are on the rise but they’re no match for champs Liam and Olivia as the top baby names in the U.S. last year

The Independent UK

CBO sees 'significant risk' of debt limit breach before June 15 - Roll Call

The Congressional Budget Office on Friday warned of a "significant risk" the U.S. will run out of cash and borrowing authority by June 15.

Roll Call

Republican Sen. Bill Cassidy wants to save Social Security. Will Washington let him?

The Louisiana Republican has been quietly working to build consensus around a bipartisan plan to address coming solvency issues with Social Security. So far, party leaders aren't listening.

WEKU

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People with diabetes could be due up to £691 each month in financial help through PIP or ADP

People in Scotland may be eligible for Adult Disability Payment to help with daily living or mobility costs as a result of diabetes.

Daily Record

Lori Vallow is facing life in prison for her children’s murders. We only know one side of the story

Lori Vallow shocked the court when she refused to put on a defence case against murder charges. Now, as jurors retire for deliberations, the only story they have about what happened to her children and Tammy Daybell is the one laid out by the state of Idaho. Rachel Sharp reports

The Independent UK

Lori Vallow ‘groomed’ and ‘manipulated’ Chad Daybell and Alex Cox to kill, prosecutor says in closing argument

The Independent UK

The danger of America’s ageing politicians

As the occupants of the White House and Congress grow older, how will generational conflicts define the future of American politics? Josh Marcus reports

The Independent UK

Will You Pay Higher Taxes in Retirement?

Your Social Security income and RMDs will most likely combine to deliver a tax torpedo, but there are ways to reduce your income in retirement to pay less tax.

Kiplinger

Weekly US Government Data Roundup: May 9, 2023

In 2019, about 50% of American households had no savings in retirement accounts.

USAFacts

People with chronic pain could be due up to £691 each month through PIP or ADP

More than 175,300 people are receiving support for chronic fatigue syndrome, fibromyalgia and pain syndromes.

Daily Record

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Barchart

Debt Ceiling Prospects Look Grim as Political Leaders Meet Today

The debt ceiling prospects look grim as bipartisan political leaders meet today for the first time on the issue. There are only about three weeks left until Treasury Secretary Yellen says the risks emerge on June 1 for a U.S. sovereign debt default. Specifically, President Biden today will meet with...

The Guardian - UK

Food banks are taking over from the welfare state, warns Gordon Brown

Former Labour PM, writing in the Observer, calls for action as charities increasingly take over role of social security system

Daily Record

Three groups of people on PIP who may see benefit fast-tracked to new devolved payment

More than 319,000 existing PIP claimants in Scotland will be moved to Adult Disability Payment by 2025.

Kiplinger

10 Strategies to Consider When Retiring During a Volatile Market

If you're retiring when the stock market is volatile, there are strategies to follow to be more in control.

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Reason

Failing to Reform Social Security Means Mandatory Cuts

Social Security will become insolvent in the early 2030s if Congress does nothing.

Roll Call

Trump’s Hill backers often voted like DeSantis on entitlements - Roll Call

Trump’s has targeted DeSantis’ congressional votes that endorsed changes in seniors' benefits. Some Trump backers voted the same way, however.

The Hindu

Social security schemes safeguard underprivileged from financial vulnerability: FM

Finance Minister Nirmala Sitharaman on May 9 said three social security schemes, including PMJJBY and PMSBY, aim to provide essential financial services to citizens.

WEKU

Yellen warns of 'calamity' unless Congress raises the debt limit. What's the holdup?

The treasury secretary warns that the U.S. could default on its debt by June 1, with disastrous economic consequences. GOP Rep. Dusty Johnson explains why Republicans insist on adding conditions.

Chicago Sun-Times

Firefighters’ pension bill could cost Chicago taxpayers $3 billion, city official says

The bill increasing pension benefits for Chicago firefighters hired after Jan. 1, 2011, is co-sponsored by state Sen. Cristina Pacione-Zayas, whom Mayor-elect Brandon Johnson has picked to serve as his deputy chief of staff

Kiplinger

How the Debt Ceiling Impacts Your Finances

If Congress doesn’t raise the debt ceiling soon, the U.S. could default, sending borrowing costs higher and possibly delaying Social Security payments.

Kiplinger

Here’s a Way to Save Social Security and Defer RMDs

People who don’t need Social Security benefits could opt out of receiving them in exchange for not being forced to take required minimum distributions.

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