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The Latest Breaking News from Social Security

$100,000 Retirement Income From Mutual Funds

Want $100,000 of annual retirement income? Without cannibalizing your principal? We can show you mutual funds that can get the job done.

Investors Business Daily

Medicare Part B fees next year will go down for the first time in a decade

The rare 3% decrease in monthly premiums is likely to be coupled with a historically high cost-of-living increase in Social Security benefits — perhaps 9% or 10% — putting hundreds of dollars into the pockets of millions of people.

Chicago Sun-Times

New disability benefit may be paid to some people at a daily rate instead of every four weeks

The daily rate of Adult Disability Payment is the equivalent to one-seventh of the weekly rate.

Daily Record

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Commentary: We’re old, we’re progressive and we vote

The GOP has been flailing a little in recent weeks, as an election once expected to be a typical midterm blowout has tightened considerably. If the GOP expects that older voters will bail them out as in elections past, our advice is, think again.

Los Angeles Times

Disabled people are already cutting back on costs more than others – for many, the £150 cost of living payment won't do much to help

Even before the current cost of living crisis, disabled people were much more likely than non-disabled people to be in poverty and living on inadequate incomes. Now, spiralling living costs are adding to years of financial disadvantage. Our new analysis of YouGov survey data starkly illustrates the situation, showing that…

The Conversation

Millions of Americans will save on Medicare fees next year

For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care

The Independent UK

FAFSA season starts: What you need to know for financial aid

The Free Application for Federal Student Aid period opens Oct. 1 for the 2023-2024 school year

The Independent UK

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Ways and Means leaders working on lame-duck Social Security fix

A year-end package is being eyed to fix a provision that many say unfairly cuts benefits for public employees who have government pensions.

Roll Call

People on certain benefits can claim £1,800 to help pay for funeral costs

Social Security Scotland aims to make a decision on claims for the Funeral Support Payment within 10 days.

Daily Record

Demonstrators in Ecuador protest woman's killing, demand payment to pension system

Demonstrators took to the streets in Ecuador on Wednesday to protest the death of a woman the government says was killed by her police officer husband, while union workers demanded the government pay what it owes the state social security system, threatening to escalate protests if there was no agreement.

Reuters

L.A. Unified cyberattackers demand ransom

LOS ANGELES — The hackers who targeted the Los Angeles Unified School District have made a ransom demand, officials confirmed Tuesday, an indication that the attackers have extracted sensitive data or believe they can bluff the district into thinking that they have.

Los Angeles Times

Increase Your Social Security Payments up to $2,187 per Month

This strategy can delay starting Social Security, building a bridge from retirement to higher monthly income.

Kiplinger

A disability program promised to lift people from poverty. Instead, it left many homeless

CHARLOTTE, N.C. — After two months of sleeping in the Salvation Army Center of Hope homeless shelter, Margaret Davis has had no luck finding an apartment she can afford.

Tribune News Service

Ways and Means to take up Social Security benefits bill - Roll Call

The measure’s backers say it would get rid of unfair provisions that can dock benefits for public employees.

Roll Call

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Tribune News Service

Conservatives’ ire over stopgap spending presages budget wars to come

WASHINGTON — Rising GOP pushback against a short-term stopgap funding bill into December that would pave the way for a lame-duck omnibus package is at minimum a political headache for party leaders, and at worst points to market-rattling brinkmanship around fiscal deadlines next year.

Roll Call

Conservatives' ire over stopgap spending presages budget wars to come - Roll Call

GOP pushback against a stopgap funding bill is a political headache for party leaders, and could point to fiscal brinkmanship next year.

Bangkok Post

Family of malpractice victim to receive B1.5m

The Supreme Court, in reversing the judgements of the lower and appeal courts, has ordered a doctor, the hospital she works for and the Social Security Office (SSO) to pay 1.5 million baht in damages to the family of a woman who died as a result of medical malpractice.

WEKU

High rents outpace federal disability payments, leaving many homeless

Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.

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The Hindu

The future of old times in India

Near-universal social security pensions would be a good start to a radical expansion of public support for the elderly

Reuters

French government doesn't rule out introducing provision on pension reform this year — govt spokesman

The French government does not rule out including a provision on a planned pension reform, a topic of constant political upheaval, in a social security bill this year, government spokesman Olivier Veran said on Wednesday.

Daily Record

New payment update for people in Scotland moving from PIP to devolved health benefit

Around 320,000 people claiming PIP will transfer to Adult Disability Payment by the end of 2025.

Daily Record

People on PIP moving to new disability payment this autumn may need to tell DWP about it

You may also have to contact your local authority if you currently get support for housing or Council Tax.

Daily Record

Attendance Allowance set to be replaced by new benefit following rollout of Adult Disability Payment

Pension Age Disability Payment will provide financial support for older people living in Scotland.

Tribune News Service

'It’s becoming too expensive to live’: Anxious older adults try to cope with limited budgets

Economic insecurity is upending the lives of millions of older adults as soaring housing costs and inflation diminish the value of fixed incomes.

Los Angeles Times

Report identified key vulnerabilities two years before cyberattack on LA Unified

LOS ANGELES — An internal report identified key vulnerabilities in the data systems of the Los Angeles Unified School District two years before hackers launched a major cyberattack that has disrupted operations this week in the nation's second-largest school system.

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