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The Latest Breaking News from Social Security

Trump’s hyped $1,000 tax bonanza claim crashes and burns, leaving everyday Americans with an embarrassingly small sum

Americans expecting a significant boost to their tax refunds this season, following President Donald Trump’s claims of the ‘largest tax refund season of all time,’ are actually seeing a more modest increase than initially hyped. According to UNILAD, a March 20, 2026, report from the IRS indicates that the average…

The Mary Sue

I’m a Financial Planning Expert: Common Tax Mistakes Seniors Make and How They Impact Retirement Income

Financial experts Tyler End and Lance Morgan explained tax mistakes seniors make including poor withdrawal sequencing, ignoring Medicare costs and more.

GOBankingRates

New Scam Targets Seniors With Fake Medical Devices — Here’s How to Spot It

If someone calls offering a “free” medical device covered by Medicare, it might sound like a blessing—but it could actually be a costly scam. Across...

Saving Advice

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read the most diverse news in one place.

I Asked ChatGPT Which States Are Best for Retirement Taxes — Here’s What It Said

I asked ChatGPT to help me analyze some key data and see which states are most cost effective when it comes to retirement taxes.

GOBankingRates

5 Cheapest Exotic Places for Seniors to Visit on a Social Security Budget

A passport does not need a luxury price tag to unlock unforgettable views, bold flavors, and once-in-a-lifetime experiences. The world holds destinations that feel rich, vibrant, and wildly different, yet they welcome travelers with modest budgets and open arms. A fixed income does not block adventure—it simply demands smarter choices…

Everybody Loves Your Money

The Costly 401(k) Mistake Retirees Make When Paying IRS Bills And Why It Backfires

There are multiple ways retirees can manage IRS tax notices without depleting their 401(k) savings and falling into higher tax brackets.

International Business Times UK

5 Ways To Create Your Own COLA Now If You’re Worried About a Smaller Social Security Raise in 2027

Medicare Part B and other expenses can eat into Social Security's cost-of-living adjustments. Learn how to boost your Social Security income for 2027.

GOBankingRates

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We're 59 and Retired With $5.3 Million. We Want to Spend $250,000 a Year Until Medicare and Social Security Start. Are We Nuts?

We are retired and want to spend $250,000 a year, but once Medicare and Social Security start, we'll need less. Are we nuts?

Kiplinger

Oregon Could Be the Retirement Haven You Don't Know About: 13 Facts to Consider, From a Financial Planner Who Lives There

Looking for a great retirement destination? Oregon has no sales tax, no state tax on your Social Security, highly rated health care and a temperate climate.

Kiplinger

Will the Social Security Trust Fund Be Depleted By 2027?

If you’ve seen headlines claiming Social Security could run out of money soon, you’re not alone, and it’s enough to make anyone nervous. For millions...

Saving Advice

7 Things You Should Never Say to Someone Claiming to Be From Medicare

No one expects danger when they hear their phone ringing. In fact, most older adults assume it’s their family calling to check in or their...

Saving Advice

Seniors 65+ Could Claim a $6,000 Tax Break — But Most Don’t Know How It Works

If you’re 65 or older, there’s a new tax break that could quietly save you thousands—but many seniors don’t even realize it exists yet. Starting...

Saving Advice

Social Security Scam Surge: Ask This One Question Before You Give Your Number

If you’ve gotten a call, text, or email about your Social Security benefits recently, you’re not alone—and you may have been targeted. Scammers impersonating the...

Saving Advice

What Is the ‘1984 Tax Trap’ That Retiree Investors Now Face on Social Security Payouts?

Discusses the implications of an unchanged 1984 tax on social security benefits after over 40 years.

Barchart

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International Business Times UK

Divorced? You Could Still Claim Social Security From Your Ex—But Most Americans Don't Know This Rule

Discover how divorced spouses can claim Social Security benefits based on their ex-partner's earnings and avoid leaving money on the table.

The Independent UK

Starmer ally paves way for fresh row with Labour rebels over benefits cuts

Exclusive: PM’s close ally Bridget Phillipson tells The Independent there ‘needs to be further reform to the social security system for people to get back into work’

GOBankingRates

I Asked ChatGPT What Working Past 70 Costs Me in Lost Social Security Payments

ChatGPT revealed what delaying Social Security past 70 actually costs — and why claiming at 70 while still working is often the smartest retirement move.

The Free Financial Advisor

How Seniors Jeopardize Their Social Security Right After Retirement

Retirement should feel like stepping into a long-awaited victory lap, not a financial obstacle course filled with hidden traps. Yet far too many people cross that finish line only to stumble almost immediately, watching their Social Security benefits shrink, stall, or stretch thinner than expected. The system itself doesn’t hide…

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news in one place.

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GOBankingRates

6 Government Funds Grandparents Need To Know About (Especially If You Babysit for Free)

Here are six benefits grandparents should know about.

The Independent UK

How spending shocks affect retirement planning

Two risks for retirement spending: unanticipated early retirement and big long-term care outlays at the end of life

Saving Advice

5 Medical Scams That Target Seniors—and Are Still Working Today

Medical scams aren’t just a nuisance—they’re a billion-dollar problem targeting older Americans every single year. In fact, seniors report billions in losses annually, with healthcare-related...

The Free Financial Advisor

Why Your Social Security Payment Was Delayed: Common Oversights and Fast Fixes

Getting paid on time should feel like the one thing that never goes wrong. Yet when a Social Security payment doesn’t show up, everything suddenly feels off balance, and frustration kicks in fast. Bills don’t pause, groceries don’t wait, and that missing deposit can spark a spiral of worry that…

The Free Financial Advisor

5 Tax Mistakes Retirees Make – and How To Fix Them Before It’s Too Late

Retirement should feel like freedom, not a puzzle filled with tax traps waiting to drain hard-earned savings. Yet many people step into this phase thinking the hardest financial work already sits behind them, only to discover that taxes never really retire. They just change shape, and sometimes they hit harder…

GOBankingRates

What Happens To Your 2025 Taxes If You Retired but Returned to Work?

Going back to work in retirement can mean changes at tax time. Learn how that extra income might alter your obligations and what to expect when you file.

GOBankingRates

Tariff Refunds on the Way? What Seniors Can Expect for Their Retirement

Possible tariff refunds could affect retirement budgets by easing everyday costs for seniors. Here’s how refunds could impact fixed incomes.

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