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The Latest Breaking News from Social Security

Retiring at 62 costs the average American $250,000. Here's the math (and the neuroscience) that explain why

Longevity risk is the retirement crisis no one is talking about enough. An NBER study on cognitive decline just made the financial case harder to ignore.

Fortune

Here's where U.S. debt may become unsustainable as interest payments trigger a default crisis that even steep tax hikes can't fix

"Bond markets unravel sooner when investors believe that the government will not restore fiscal sustainability."

Fortune

Social Security checks could increase in 2027 as new COLA forecast rises to 3.9% - here's how much retirees are expected to get next year

Social Security benefits 2027 increase: Millions of Social Security recipients may receive larger monthly payments in 2027, with current inflation trends pointing to a potential 3.9% cost-of-living adjustment. This projection, driven by rising energy costs, could increase average retiree benefits by approximately $81 monthly. However, potential Medicare premium hikes might…

The Economic Times

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Elon Musk's DOGE Allegedly Planned to Mark 2.7 Million Living People — Including US Citizens — as Dead

A whistleblower says Elon Musk's branded government unit DOGE backed a Trump‑era plan to mark 2.7 million living people as dead in US Social Security records as an immigration tactic.

International Business Times UK

Gig Workers Who Didn’t Set Aside Taxes Last Summer Are Facing Bills Right Now

Gig work brings flexibility, fast cash, and freedom to choose hours, but tax season flips that freedom upside down when money managers forget one critical detail: setting aside taxes. Many drivers, freelancers, delivery couriers, and side hustlers enjoyed strong earnings last summer and spent freely without separating tax money. Now…

The Free Financial Advisor

The 8 States That Still Tax Social Security in 2026

Many retirees assume that once they start receiving Social Security benefits, those payments are completely protected from state taxes. In most of the country, that’s...

Saving Advice

9 Tax Surprises Retirees Don't See Coming Until It's Too Late

Most of these tax surprises are avoidable, but many retirees aren't ready for the shift in how and when taxes show up in retirement. These strategies can help.

Kiplinger

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Trump Officials Plan to Classify 2.7 Million Living Americans as Dead, a 49-Page Whistleblower Disclosure Reveals

A whistleblower alleges that a plan to classify 2.7 million living people as deceased was discussed to enforce immigration policy, raising concerns about government data misuse.

International Business Times UK

7 Hidden Medicare Savings Programs That Pay Your Part B Premium

Healthcare expenses are one of the top expenses that all seniors face. While Medicare is in place to make it more affordable, premiums continue to...

Saving Advice

What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvency

For millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fall by about $500 in 2032 if the trust fund runs short. The risk is not immediate. But the numbers reveal why many Americans are growing increasingly concerned.

The Economic Times

Report: Trump Admin Considered Declaring 2.7 Million Living People Dead as Part of Immigration Crackdown

The executive said the proposal was never implemented and ultimately abandoned. Had it been carried out, it could have effectively cut affected individuals off from the financial system.

Latin Times

Months After Major Social Security Workforce Layoffs, Disability Advocates Report Growing Delays and Access Problems

The SSA has eliminated more than 7,100 positions since early 2025, reducing its workforce by roughly 13% as part of a broader federal effort to shrink government operations

Latin Times

Trump’s DOGE team wanted to declare nearly 3 million living people dead to help drive out migrants, whistleblower claims

‘I was shocked. I couldn’t believe what I was hearing,’ the former Social Security Administration employee said

The Independent UK

I Asked ChatGPT What Rich Retirees Do Differently With Their Money

To take a closer look at what rich retirees do differently with their money, I enlisted ChatGPT's help. Here's what it said.

GOBankingRates

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GOBankingRates

4 Boring Moves To Do Now To Add Hundreds To Your Social Security Check

What can you do now to add money to your future Social Security check?

Fortune

Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog says

Treasury Secretary Scott Bessent once called Trump Accounts a "back door for privatizing Social Security," but now insists retirees will face no loss in benefits.

The Economic Times

Social Security payment schedule 2026: Why 7 million SSI recipients will see three months with no checks

More than 7 million Americans receive Supplemental Security Income, making every Social Security payment date critical. In 2026, some Social Security recipients will see three months without an SSI payment deposit, but benefits are not being cut. The Social Security Administration is simply moving payments earlier because scheduled dates fall…

Fortune

10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy

Bessent vowed, "the senior citizen does not not pay more taxes and the senior citizen does not get less benefits." Meanwhile the trust fund is going broke.

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The Free Financial Advisor

Congress Is Considering a $200 Social Security Boost—What It Could Mean for Retirees

For millions of retirees, every dollar matters. Grocery prices remain elevated, housing costs continue to pressure household budgets, and healthcare expenses show little sign of slowing down. Against that backdrop, a proposal that could increase Social Security benefits by $200 per month has captured plenty of attention in Washington and…

International Business Times UK

Inside the Republican Plan To Raise the Retirement Age to 69 To Salvage Social Security

Republicans are backing a plan to raise the full Social Security retirement age to 69 for younger US workers, arguing it is needed to salvage the system before its trust fund runs dry in 2032.

International Business Times UK

Social Security's Trust Fund Is Running Out — A $500 Monthly Cut Could Hit Americans in All 50 States

The Social Security trust fund may be depleted by 2032, risking $500 monthly benefit cuts for millions. Urgent policy changes are needed to prevent widespread financial instability.

Kiplinger

Average Generation Jones Net Worth: Still Striking Back at the Empire

Generation Jones came of age during rising inflation and an oil crisis, so it's back in the cockpit for these digital pioneers as they navigate retirement.

GOBankingRates

The Hidden $1M Most Retirees Forget To Count, According to Kevin Lum

Many retirees overlook how Social Security and pensions can add six or seven figures to their true retirement wealth.

International Business Times UK

Applying for Disability Benefits? Here's How Trump's 7,100 Social Security Job Cuts May Affect You

The Social Security Administration's workforce reduction raises concerns about delays in disability benefits, while critics argue about the shift to digital services.

The Economic Times

Annapurna Bhandar online portal: Direct link, eligibility, application process and how to check ₹3,000 payment status at social security portal

West Bengal's Annapurna Bhandar scheme is now live. Eligible women will receive ₹3,000 monthly directly into their bank accounts. This scheme replaces the previous Lakshmir Bhandar programme. Millions of women are expected to benefit. Beneficiaries can check their payment status online. The government ensures funds are transferred to Aadhaar-linked accounts.

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