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The Latest Breaking News from Social Security

'Dealerships Just Have My Social Security Number?': Woman Goes Car Shopping But Doesn’t Buy. Then The Phone Rings

A woman says she recently learned something that put her off car dealerships forever. Now she’s determined to "buy private" from now on.

Motor1

Direct Deposit: 70,000 Blocked Changes a Year Show Why SSA Now Requires Extra Verification

If you’ve tried to change your Social Security direct deposit recently and hit a wall, you’re not alone—and it’s not a glitch. Behind the scenes,...

Saving Advice

Some Tax Software Submissions Trigger Extra IRS Identity Verification

Tax season feels fast and efficient thanks to modern software, but a growing number of filers hit an unexpected speed bump: extra identity verification requests from the IRS. That sudden pause can delay refunds, create stress, and leave taxpayers wondering what went wrong. The truth sits somewhere between security and…

The Free Financial Advisor

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Retirement Confidence Is Falling for Middle-Class Americans Over 50: Here’s Why

Rising costs, inflation and Social Security concerns are shaking retirement confidence among middle-class Americans over 50, according to new research.

GOBankingRates

I Asked ChatGPT What Hybrid Car Retirees Should Buy on Social Security — Here’s What It Said

These hybrid cars balance price, comfort and fuel savings for seniors on Social Security. Check out ChatGPT's retiree-friendly hybrid picks right now.

GOBankingRates

4 Small Moves That Could Raise Your Social Security by Hundreds a Month

These four tiny claiming and timing decisions can add hundreds to your monthly Social Security benefits.

GOBankingRates

Michigan Seniors: 400,000 Households Still Haven’t Claimed the $1,200 Home Heating Credit — And You Can Still Get It This Spring

If you’re a Michigan senior struggling with rising utility bills, there’s a good chance you’re leaving money on the table. Every year, hundreds of thousands...

Saving Advice

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How Dividend Stocks Are Turning Dual Incomes Into Early Retirement Freedom

If you’ve ever looked at your dual income and wondered, “Are we actually closer to early retirement than we think?”—you’re not alone. More DINK (dual income, no kids) couples are discovering that dividend stocks can quietly transform steady paychecks into long-term passive income. Instead of relying solely on savings or…

Dinks Finance

Americans grow more fearful about retirement ahead of Social Security cuts taking hold in under a decade

Social Security’s delicate situation puts those nearing retirement in the next decade in a tough spot

The Independent UK

13 States With No Retirement Tax Ranked by How Much You Need to 'Retire Comfortably'

A $0 state income tax bill doesn’t always mean a cheaper retirement. See which states stretch your dollar further.

Kiplinger

5 Ways Retirees Accidentally Reduce Their Social Security Checks

Claiming early, working too much or triggering taxes can cut Social Security benefits. Learn the common mistakes retirees make -- and how to avoid them.

GOBankingRates

I’m a Financial Advisor: Here Are 12 Retirement Mistakes That Cost Clients $100K or More

Financial advisors revealed 12 retirement mistakes costing over $100k: claiming Social Security early, ignoring taxes, poor cash flow planning and healthcare.

GOBankingRates

What happens if nothing is done to fix Social Security by 2032?

There would be an immediate and painful effect on retiree households if something isn't done soon.

Fortune

The SSA Death-Record Error: Why 12,000 Living Americans Are Mistakenly Marked as Deceased Each Year — And How to Fix It

Imagine going to the bank, pharmacy, or doctor just to find out that you suddenly don’t exist anymore. It sounds impossible, but every year, thousands...

Saving Advice

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Saving Advice

The $4.5 Billion Problem: 5 Documents You Should Never Share With “Federal Agents”

Every year, Americans lose billions of dollars to fraud, and a growing chunk of that comes from scammers pretending to be government officials. These criminals...

The Independent UK

Some retirees could see a $1,000 or more boost thanks to a Social Security repeal

Around 2.5 million recipients could be affected

Saving Advice

Bank Insider Says: These 4 Social Security Mistakes Can Lead to Delays, Fees, or Lost Funds

For millions of Americans, Social Security isn’t just extra income—it’s the financial backbone of retirement. In fact, over 68 million people rely on benefits, and...

GOBankingRates

Best $30 To Spend at Trader Joe’s This Spring If You’re Living on Social Security

Here are several picks worth adding to your shopping list this season.

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7 Things To Consider Before Making Your First Retirement Account Withdrawal

Here are seven considerations to think about before you ever make your first retirement account withdrawal.

GOBankingRates

Social Security Updates: Retirees Who Get More — and Who Misses Out

Recent Social Security updates mean higher benefits for some retirees but less for others, depending on income, claiming age and work history.

GOBankingRates

5 Types of Retirees That Are Richer Than They Think, According to Kevin Lum

A financial expert explains why some retirees may have more wealth and financial security than they realize -- even if they don’t feel rich.

The Independent UK

Tennessee to Expand Voucher Program to 35,000 Students Next Year

Tennessee plans to nearly double its universal school voucher program, directing about $260 million in public funds to private schools

Saving Advice

Seniors Who Earn Over $2,040 This Month May Cause The SSA to Withhold Their Entire Check

If you’re collecting Social Security and still working, one number could quietly affect your monthly income: $2,040. That’s the monthly earnings threshold tied to the...

Saving Advice

Digital‑Only SSA Notices Are Causing Seniors to Miss 30‑Day Appeal Windows — Leading to Full Check Withholding

For many seniors, a simple missed notice is turning into a financial emergency. The Social Security Administration has increasingly shifted toward digital communication, but that...

GOBankingRates

How Gas Prices Just Changed Your 2027 Social Security Check

Inflation and the Iran war have pushed gas prices higher, but that could mean a bigger 2027 Social Security COLA for retirees. Find out what to expect.

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