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The Latest Breaking News from Social Security

Government sees off backbench rebellion as welfare reforms clear Commons

‘If you can work, you should,’ social security minister Sir Stephen Timms told MPs before they voted on the welfare reforms.

Evening Standard

10 Cities Where You Can Live Comfortably Making $80K or Less

How much do Americans believe they need to earn to feel wealthy? According to a survey from Edelman Financial Engines, 6 in 10 Americans think the answer is at least $100,000 annually. However, the...

GOBankingRates

No tax on tips and overtime explained: What workers can expect

More information on exactly what jobs the provisions apply to will be made available in the months ahead.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

50 Best Places in America To Retire With $500K in Savings

Don't think you can't begin your retirement unless you have $1 million or more in savings. A new GOBankingRates study reveals there are 50 places across the United States where retirees can...

GOBankingRates

Data Risk: 9 Data Breaches Still Threatening Your Kids’ Info

123rf.com

Kids Ain't Cheap

Financial Fact vs Fiction: Why Your 'Magic Number' Isn't Actually Magical

Do you think you're diversified if you're invested in the S&P 500 and Nasdaq? Do you think your tax rate will fall in retirement? Think again — and read on for other myths that could be leading you astray.

Kiplinger

Trump's One Big, Beautiful Bill to Eliminate Taxes on Social Security Benefits for 90% of Recipients

The Social Security Administration stated that US President Donald Trump's bill will eliminate federal income taxes on Social Security benefits to offer immediate relief to seniors.

International Business Times UK

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7 Things Still Being Used in Retirement Plans That Were Discredited

When it comes to managing your money, you should never write down a plan and assume that it will always work. Financial best practices change, and your retirement plan should too. Unfortunately, many people (even financial advisors) rely on outdated retirement strategies that have since been discredited. In the long…

Clever Dude

Supreme Court allows Trump mass layoffs to move forward - Roll Call

Justices lifted pause on efforts to slash jobs at federal agencies, including the CDC and the Social Security Administration.

Roll Call

9 Things That No Longer Count As Legal ID (But Used To)

The world of identification has changed dramatically as security standards become more stringent. Consequently, forms of ID that were once perfectly acceptable for travel or banking are now obsolete. Relying on an outdated document often leads to frustrating rejections. Therefore, this article covers nine common items that no longer count…

Budget and the Bees

Who Actually Retires With $2.5 Million? The Number Is Shockingly Small — Are You On Track Or Falling Behind?

A million used to be the magic number for retirement. Then inflation, longer lifespans, and rising healthcare costs moved the goalposts. These days, plenty of people are aiming for $2 million — or even $2.5 million — just to feel secure. But while that might seem like the new benchmark,…

Benzinga

7 Legal Documents That Shouldn’t Be Shared With Family

Some legal documents are private for a reason. You might trust your family, but sharing certain papers can create problems you never expected. Perhaps you want to help a loved one or simply keep things straightforward, but disclosing sensitive information can backfire. Identity theft, family disputes, and even legal trouble…

Clever Dude

Labour 'could trample all over' Scottish benefits system, expert claims

The UK Government “could trample all over” the “hard work” of Social Security Scotland with its plans to cut disability benefits, an expert…

The National (Scotland)

Social Security sends incorrect email saying Trump's 'Big Beautiful Bill' ends taxes on the benefit

The legislation does increase the standard deduction for seniors.

Fortune

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Clever Dude

8 Things That Make Your Social Security Payments Suspicious

For millions of retirees, the disabled, and survivors, Social Security payments are a financial lifeline. The Social Security Administration (SSA) manages this massive system and employs robust measures to detect fraud and ensure payments are accurate. While most recipients have no issues, certain activities or changes in your circumstances can…

Clever Dude

Shield Them: 6 Urgent Steps to Shield Your Child’s Identity

You lock your doors, monitor their screen time, and teach them to look both ways—but what about protecting their identity? Kids are now prime targets for identity theft, and the consequences can follow them well into adulthood. The problem is, children often don’t discover their identity has been stolen until…

International Business Times UK

Big Beautiful Bill Summary: How Will it Affect Student Loans, Tax Cuts, Child Support and More

The One Big Beautiful Bill reshapes taxes, student loans, and child support. Discover how it impacts you and share your thoughts

Benzinga

Former Social Security Executive Pitched S&P-Linked Treasury Plan To Extend Fund Solvency — Here's What Happened To It

A former top executive at the Social Security Administration quietly floated an idea to park part of the program's $2.7 trillion trust fund in a short-term Treasury note that would automatically convert into an SP 500 index basket at maturity, but the proposal never really saw the light of day.

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The National (Scotland)

'Lack of vision': John Curtice gives verdict on Labour's first year in power

Labour have suffered the fastest fall in support for any newly-elected Westminster government because of their “lack of vision and positive…

Saving Advice

7 Online Scams That Now Target Couples Over 50

In a world where everyone is always connected online, scams have become more sophisticated, targeting specific demographics with alarming precision. One group increasingly in the...

The Guardian - US

‘Blatant misinformation’: Social Security Administration email praising Trump’s tax bill blasted as a ‘lie’

Previously apolitical agency lauds Trump’s spending bill with false statements about federal taxes, experts say

Kiplinger

The Retirement Rule of $1 More

The Rule of $1 More explains how to plan for critical retirement thresholds. "You don't want to step off a cliff just because of $1 more."

Benzinga

Social Security Administration Sends 'Unbelievable' Email On Trump's 'Big, Beautiful Bill': Report

The Social Security Administration (SSA) has come under scrutiny for distributing an email that inaccurately describes the impact of President Donald Trump’s new tax legislation on Social Security benefits.

Benzinga

'My Body's Getting Achier Every Day': Disabled Veteran With $7,500 Monthly Income And No Savings — Should He Retire Or Wait 3 More Years?

A 100% disabled veteran with a steady income and growing aches is considering whether to retire now or wait a few more years. In a recent post on Reddit's r/retirement forum, he explained his situation: he enjoys his job, but not like he used to. He and his wife bring…

Fortune

Trump signs One Big Beautiful Bill: What that means for your money

The bill will have ripple effects throughout the economy—and Americans’ bank accounts.

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