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The Latest Breaking News from Social Security

Warren Buffett Breaks 6-Year Streak, Doesn't Buy Back Berkshire Shares Despite $320B Cash Pile

Billionaire and renowned value investor Warren Buffett avoided buying back Berkshire Hathaway shares in Q3 as he deemed his company could be overvalued.

International Business Times UK

US Senate Has 6 Weeks To Pass Social Security Bill That Would Increase Benefits For 3M Americans

The Social Security Fairness Act, designed to eliminate the Windfall Elimination Provision and Government Pension Offset laws, recently passed the House and will likely pass the Senate with 62 cosponsors.

International Business Times UK

Trump's risky Social Security plans

Millions are barely scraping by on the program, which Trump seems determined to gut

Salon

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Top American mortgage lender AnnieMac says thousands of customers have had data stolen in breach

Hackers stole AnnieMac customer names and social security numbers.

TechRadar

Anger, Pain In Turkey As 'Newborn Deaths Gang' Trial Opens

Dozens of suspects went on trial in Istanbul Monday over the deaths of at least 10 newborn babies as part of a vast social security fraud scheme in Turkey's worst health scandal in years.

International Business Times

Social Security Approaches Its Day of Reckoning

Americans should plan for their futures rather than relying on a nonexistent Social Security “trust fund.”

Reason

Trial Begins For 47 Accused In Infant Deaths Scandal

Trial in Istanbul involving 47 accused of infant deaths in a social security fraud scheme prompts calls for increased oversight and accountability in the h...

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Health workers on trial in Turkey accused of private care scheme linked to 10 infant deaths

Doctors, nurses and an ambulance driver are among health care workers on trial in Istanbul accused of causing at least 10 infant deaths linked to a scheme to defraud Turkey's social security system

The Independent UK

What to Do as Soon as Your Divorce Is Final

Don't delay — getting these tasks accomplished as soon as possible can help you avoid costly consequences.

Kiplinger

Many Older Adults Lack Financial Security: What Can We Do?

Poor financial literacy and a lack of foresight have led to this troubling reality. It's going to take tax policy changes, education and more to address it.

Kiplinger

10 Inefficiencies I Look for on Rich Retirees' Tax Returns

Your tax return could hold clues to several missed opportunities and important gaps in your retirement planning.

Kiplinger

Medicare Part B Premium Hike Outpaces 2025 Social Security COLA, Tightening Seniors' Monthly Budgets

Medicare Part B Premiums will increase by 5.9% to $185 monthly, which will be deducted from Social Security checks starting January 2025.

International Business Times UK

Will You Pay Taxes on Your Social Security Benefits?

You might, depending on your income, but smart financial planning now can help lower or even eliminate your taxes in the future.

Kiplinger

Fact check: What are Trump’s plans for US economy, immigration, abortion?

What details do we know about US president-elect’s campaign promises for immigration, education, healthcare, abortion?

Al Jazeera

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International Business Times UK

Social Security Retirees Expecting 2025 COLA Increase Should Do This By November 20

A free my Social Security Account will allow recipients to view the latest COLA notices detailing the exact amount they will receive starting next year.

The Conversation

Republican lawmakers will reshape tax policy in 2025 — a tax expert explains what to expect

Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the vote. That’s a bit of a surprise, since 2025 will be a major year for America’s tax system – in fact, the fate of the most significant tax reform…

International Business Times UK

Trump's Plan To Cut Social Security Taxes May Benefit Millions, Especially Top Earners, But Risks Insolvency In Six Years

Trump's plans to eliminate Social Security taxes could affect revenues flowing into OASI and HI trust funds by $1.5 trillion in the next ten years.

Investors Business Daily

How Trump's Win Will Impact Your Whole Financial Life

Promises to improve Americans' personal finances paved Donald Trump's road back to the White House. But will the Trump 2.0 agenda make you better off?

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Reason

Abolish Social Security

Stop robbing poor, hard-working Peter to pay well-off, retired Paul.

Kiplinger

How to Create a Retirement Income Plan to Cover Caregiver Costs

Getting all of your assets to work together is key to having enough retirement income to pay for caregivers and other long-term care needs.

Kiplinger

How One Caregiver Is Navigating a Loved One's Dementia

She's spent many hours doing research and speaking with other caregivers to find her way to resources designed to help caregivers.

Reason

Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different?

Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.

Reason

The Impact of Trump's Cost-Cutting Initiative Hinges on What He Means by 'Government Efficiency'

Narrowly understood, the president-elect's familiar-sounding plan to tackle "massive waste and fraud" may not give us "smaller government" in any meaningful sense.

Reason

Trump Has No Discernible Interest in Fiscal Responsibility

The president-elect’s record and campaign positions belie Elon Musk’s talk of spending cuts.

Fortune

AARP's new CEO vows to protect Social Security and Medicare, and ensure older adults age 'on their own terms'

Her top priorities also include pushing for financial support for caregivers.

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