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The Latest Breaking News from Social Security

How Much the Average Middle Class Retiree Spends Monthly at Age 85

Looking at how middle class retirees spend money right now can give people an idea of how much they need to save.

GOBankingRates

How Much Is Barack Obama’s Social Security Check?

How much does Barack Obama get from Social Security? Find out what factors determine his benefit—and how yours could compare to a former president’s.

GOBankingRates

The Social Security Filing Strategy That Could Add $300,000 to Your Lifetime Benefits

This Social Security strategy could boost your lifetime benefits by $300K—learn how delaying and a smart bridge plan can maximize your retirement income.

GOBankingRates

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read the most diverse news in one place.

How To Make the Most of Your Social Security When You Take Time Off To Care for Family

Taking time off to care for family? Learn how it could affect your Social Security—and what steps you can take now to protect your future benefits.

GOBankingRates

Your Golden Years Just Got a Tax Break, But There's a Catch

Don't fall for the 'tax-free Social Security' headlines. The OBBB offers a temporary tax deduction for certain retirees, which is different from eliminating taxes on benefits entirely — and it doesn't solve Social Security's long-term funding issues.

Kiplinger

Elon Musk Says We'll All Have 'Best' Medical Care, Food, Housing and 'Everything Else' And A Universal 'High' Income When Robots Take Over By 2030

What happens when robots take everyone's jobs? It's the question hanging over office chatter, think pieces, and late-night doomscrolling. People are scrambling to find "AI-proof" careers, but with predictions that automation could replace nearly every role, the anxiety feels justified.

Benzinga

9 Cash-Flow Smoothers When Paychecks Stop

The biggest shock in retirement is the disappearance of regular paychecks. Even with Social Security and savings, retirees often feel uneasy when income no longer...

Saving Advice

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7 Bridge-Income Tactics That Keep You from Tapping Principal

Retirement planning is about more than just saving—it’s about timing. One of the biggest challenges retirees face is figuring out how to cover expenses without...

Saving Advice

You Might Be Owed More Than You Think: The Widow Benefit Loophole No One Talks About

Widows and widowers often face confusion when it comes to Social Security benefits. Many retirees assume they’re limited to one type of payment, but hidden...

Saving Advice

9 Work-While-Claiming Rules That Reduce Your Check

For many retirees, the idea of collecting Social Security while continuing to work sounds ideal. You keep your paycheck flowing, supplement it with benefits, and...

Saving Advice

Suze Orman: Here’s How To Protect Your Retirement From Inflation

The mere word 'inflation' may summon feelings of indignation. Look at this persistent economic phenomenon storming in and robbing us of our hard-earned money while making the cost of living rise as...

GOBankingRates

I Asked ChatGPT How To Retire With No Savings: Here’s What It Said

ChatGPT shares 8 smart strategies to retire with no savings that include working longer, government aid, frugal living and asset monetization.

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'The Letter Nobody Wants to Get': SSDI Recipient Told Benefits Will End, Unsure How To Appeal

For millions of Americans, Social Security Disability Insurance benefits are a lifeline. But sometimes, recipients receive what one benefits recipient described as "the letter nobody wants to get" — a notice that their benefits are scheduled to end. The letter often arrives after a Continuing Disability Review, the Social Security…

Benzinga

8 COLA Realities That Don’t Feel Like a Raise

Each fall, retirees eagerly wait for news of Social Security’s cost-of-living adjustment, or COLA. Headlines frame it as a “raise” designed to keep pace with...

Saving Advice

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I Asked ChatGPT What Would Happen If Social Security Ran Out: Here’s the Worst-Case Scenario

ChatGPT reveals some of the ripple effects that could happen if Social Security vanished. Retirees, families and the entire U.S. economy would be impacted.

Saving Advice

Could a Partial Retirement Beat Full-Time Work and Full Retirement?

Retirement isn’t always all-or-nothing. More retirees are experimenting with “partial retirement.” Instead of leaving the workforce completely, they cut back hours or shift to part-time...

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5 Social Security Mistakes That Cost Middle-Class Retirees $50,000

Middle class retirees could lose up to $50,000 by making these common Social Security mistakes. Learn what to avoid to protect your retirement income.

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How Much a 60-Year-Old Living on Social Security Spends Monthly

Living on Social Security at 60 can be challenging. See how much retirees typically spend each month—and where the biggest costs come from.

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I Asked ChatGPT To Rank the Best Presidents for the Middle Class’s Wallet — Here’s What It Said

Which presidents benefited the middle class the most financially? To answer this question, you'd have to look at the policies they introduced how they affected those making an average living during...

Benzinga

Trump's Social Security Chief Walks Back Stunning Comment On Raising Retirement Age After Backlash, Says Will 'Never Cut' Benefits

Social Security Commissioner Frank Bisignano on Friday reversed remarks suggesting the Trump administration was considering raising the full retirement age from 67.

The Independent UK

The Latest: Federal judge tosses Trump’s $15B defamation lawsuit against The New York Times

A federal judge in Florida on Friday tossed President Donald Trump’s $15 billion defamation lawsuit against The New York Times

Fortune

Retirement is about to have a 'different set of rules,' says Trump's social security chief, warning 'everything' is on the table

With Social Security projected to be insolvent by 2032, Commissioner Frank Bisignano says options like raising the retirement age are on the table for U.S. retirees.

Saving Advice

10 Steps to Recover Fast After a Financial Breach

Few things are more stressful than discovering your financial information has been stolen. Retirees living on fixed incomes often feel especially vulnerable, as even small...

Saving Advice

10 SSA Account Settings You Must Check Before You Claim

The Social Security Administration (SSA) encourages retirees to set up online accounts to manage benefits. These portals let you check earnings, track eligibility, and prepare...

GOBankingRates

Why Relying on Social Security Is a Risky Bet — and How To Build a Backup Plan

Experts explain why Social Security shouldn’t be your main income in retirement — and how to build a diversified plan with multiple income sources.

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