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The Latest Breaking News from Social Security

Three Ways to Plan Now for a Social Security Shortfall Later

The outlook for Social Security is gloomy, but you can save now to protect against benefit cuts later. If the cuts don't happen, you'll still be better off.

Kiplinger

Federal Judge Blocks Elon Musk's DOGE From Accessing Treasury Department Records

A federal judge early Saturday slammed the brakes on Elon Musk's government reform committee from accessing Treasury Department data that includes the Social Security information and bank account numbers of millions of Americans, according to reports.

Latin Times

Extra Cash? Should You Pay Off Debt or Invest?

Depending on your financial situation, you might benefit from paying off debt, investing or both. Here are some things to consider before deciding.

Kiplinger

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Efficiency − or empire? How Elon Musk’s hostile takeover could end government as we know it

Elon Musk’s role as the head of the Department of Government Efficiency, also known as DOGE, is on the surface a dramatic effort to overhaul the inefficiencies of federal bureaucracy. But beneath the rhetoric of cost-cutting and regulatory streamlining lies a troubling scenario.

The Conversation

Washington's Debt Delusion: Economic Growth Cannot Fix the Deficit

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.

Reason

Eight Biggest Financial Planning Myths: How Many Do You Believe?

These financial planning myths are some of the whoppers you may hear when you're approaching retirement.

Kiplinger

Who Is Marko Elez? DOGE Employee Resigns After Racist X Posts, Including 'Normalise Indian Hate,' Go Viral

DOGE staffer Marko Elez resigns after racist social media posts, including calls to normalise Indian hate, surface.

International Business Times UK

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Trump's Sovereign Wealth Fund: What Is It And How Does It Work?

President Trump signed an executive order that puts in motion plans for a U.S. sovereign wealth fund. Here's what a sovereign wealth fund is and how it works.

Kiplinger

Are Tips Taxable in 2025? Understanding the IRS Rules

With all the recent talk about ending federal taxes on tips, some wonder whether tips are taxable income.

Kiplinger

America Is Going Broke. Will the Department of Government Efficiency Help?

Eliminating the deficit requires cutting the biggest spending—defense, Medicare, Social Security. So far, Trump says he won't touch those.

Reason

Key Family Tax Breaks Are on the GOP Chopping Block This Year

Several tax breaks, including the Child Tax Credit, could face stricter eligibility limits as lawmakers seek revenue for Trump’s tax plans.

Kiplinger

Social Security Fairness Act Payments Checklist: Nine Things to Know

This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including when their payments will arrive and how much more money they may receive.

Kiplinger

Treasury Faces Legal Challenge Over Data-Sharing Deal With Musk's DOGE

The lawsuit, filed in federal court in Washington, followed reports that Treasury Secretary Scott Bessent authorized the data-sharing arrangement with Elon Musk-led DOGE, last weekend.

International Business Times

Federal Employees Buyout Offer: Five Things to Consider

Federal workers have a constellation of retirement benefits, and assessing them can get complicated fast. Here are five high-stakes decisions to focus on.

Kiplinger

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Kiplinger

Could Elon Musk Be Paying Your Social Security Check?

Musk has had access the US Treasury payment system, which handles Social Security payments. Will your check be on time? Will your data be safe?

The Independent UK

Why Musk's access to the Treasury payment system is so dangerous

Critics sound the alarm after Musk and DOGE allies ‘given access’ to internal Treasury payment system

Fortune

Giving Elon Musk’s DOGE access to the Treasury payment system raises the risk of a U.S. debt default and global financial crisis, senator warns

The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in disbursements a year.

TechRadar

Over a million patients potentially hit after another US healthcare provider hit by cyberattack

Names, Social Security numbers and more were taken in the breach.

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The Conversation

Trump’s Project 2025 agenda caps decades-long resistance to 20th century progressive reform

For much of the 20th century, efforts to remake government were driven by a progressive desire to make the government work for regular Americans, including the New Deal and the Great Society reforms.

International Business Times

Maximize Your Social Security Payout After Claiming Benefits: Here Are 3 Smart Strategies

Even though Social Security stops adjusting past earnings for inflation after age 60, fortunately, older workers still have opportunities to boost their benefits.

Latin Times

Elon Musk's DOGE Gains Access to Treasury Data, Including Social Security and Medicare Payments

Elon Musk's department now has control over government-provided benefits, including Social Security, Medicare, SNAP, unemployment and more.

Kiplinger

States That Won't Tax Your Retirement Income in 2025

Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on some incomes.

Kiplinger

How To Save Social Security — Pay More Taxes? Cut Benefits?

These proposals to save Social Security may require big changes, but Americans want politicians to act. Are you willing to pay more taxes?

Salon

When the GOP tries to toss out your vote

Voters spoke to Salon about the North Carolina Republican Party and its efforts to throw out their ballots

Kiplinger

Here's How Retirement Changes Your Taxes

How you approach taxes in your golden years and in the years before retirement can dramatically impact how much you pay.

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