Social Security Administration

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 S&P 500 index basket at maturity, but the proposal never really saw the light of day...

Retirees who have defaulted on their student loans may see a reduction in their Social Security checks from June. This is a result of the U.S. Department of Education’s decision to recommence involuntary collections on defaulted student loans, including garnishing wages, intercepting tax...

The President Donald Trump administration has revived efforts to reclassify federal employees as at-will workers, stripping job protections that career civil servants currently enjoy. The proposed Office of Personnel Management rule would make government workers easier to fire, similar to Corporate...

The Social Security Administration is again changing course on how aggressively it claws back money it mistakenly paid to beneficiaries, cutting the repayment rate to 50% of a monthly check, down from the full 100% it began seizing in March. What Happened: The shift, disclosed in an April 25 "...

Money‑management guru Dave Ramsey is urging Americans to treat Social Security as a bonus, not a backbone, warning that the program's cash crunch could slice benefits within a decade. What Happened: "Don't count on it. Or don't count on all of it," a Ramsey Solutions blog post says, bluntly...

Major Social Security updates, now in effect as of April 2025, stand to reshape benefits for millions of Americans. From bigger checks to new identification rules, these changes could have a serious impact on the paychecks of retirees, survivors, and those on spousal benefits. What Changes Are Set...

On Tuesday, Pershing Square Capital Management CEO Bill Ackman slammed what he said were attempts by the Biden administration to “make permanent the Deep State” in a post on X. What Happened: Ackman said, “Biden is attempting to make permanent the Deep State before he leaves...

Following the release of September’s consumer price index (CPI) report showing annual inflation of 8.2%, the Social Security Administration announced a new raise for the 70 million Americans who take part in its benefits programs. The new cost-of-living adjustment will be 8.7...

The Social Security Administration will announce a new cost-of-living adjustment next month, and it will likely be the highest in 40 years due to the high levels of inflation currently battering the country's wallets.  The Expected COLA Increase: Of the 70 million Americans that take...

ICF International Inc (NASDAQ: ICFI) has been recently awarded a $12 million re-compete software automation contract from The Social Security Administration (SSA). The contract has a term of five years, including one base year and four option years. ICF will work with SSA to develop, maintain and...

It’s finally over. The deadline for the world’s most grueling holiday has passed. Taxpayers can breathe once more, and corporate leaders can redirect their greedy gazes toward the federal government. After all, the tedious financial reviews and subsequent payments ultimately yield...

For many Americans, social security may be their largest — if not only — source of income in retirement. However, the ins and outs of how retirement income works, how much income can be expected and how feasible the reality of maintaining current lifestyles are not always that clear....

While it comes as no surprise that the health of Social Security as we currently know it is less than ideal, the publicized estimates of when Social Security funds will run out are "grossly overestimated," said Baton Investing's Jim Shahen, referencing recent Dartmouth and Harvard...

While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...

While there are no concrete dates of birth that allow one to be considered a member of Generation X, it is generally accepted those born starting in the early 1960s through the early 1980s are "Gen X-ers." Millennials, or members of Generation Y, are said to have been born in the late 1970s or...