Social Security

Big changes could be coming for government benefits. House Republicans just unveiled a budget plan that includes massive spending cuts—$880 billion from Medicaid over the next decade. Social Security? Safe. Medicare? Also safe. But Medicaid? Not so much. Trump Draws The Line President Donald Trump...

Elon Musk has reignited a national debate over Social Security fraud, claiming that billions of dollars are being lost annually to fraudulent payments. His comments, coupled with his role in the Trump administration's cost-cutting team, the Department of Government Efficiency, have drawn both...

During his most recent presidential campaign, Donald Trump proposed eliminating taxes on Social Security benefits, a plan that found strong support among retirees who would like to keep more of their monthly checks. While tax cuts may sound like a good idea in the short term, finance experts have...

Thousands of Americans living abroad woke up to something they weren’t expecting this month – their Social Security benefits had been suspended. The reason? They didn't submit a required document called the Foreign Enforcement Questionnaire. The Social Security Administration (SSA) uses this...

Social Security is one of the most critical safety nets for retirees in the U.S., but it faces a funding shortfall that could result in benefit cuts within the next decade. While some argue for raising the retirement age or reducing payouts, labor economist Teresa Ghilarducci believes the real...

Social Security has been a critical source of income for retirees for decades, helping millions of Americans cover their living expenses after leaving the workforce. But how much has the average benefit actually increased over the years? If you were receiving Social Security in 2005, your monthly...

Many are sounding the alarms over Elon Musk's recent access to the U.S. Department of Treaury's payment system, which is responsible for handling over $6 trillion in annual federal payments. A large concern is surrounding Musk's access to millions of American's data and payments that directly...

Social Security is an essential aspect of retirement security for millions of Americans, and it's no secret that the program faces a funding shortfall that could lead to reduced benefits in the next 10 years.  A new survey from the National Academy of Social Insurance, AARP, the National...

Then-President Joe Biden signed the Social Security Fairness Act into law on Jan. 5, effectively increasing and retroactively paying back Social Security benefits to public sector workers who have seen reduced benefits for decades.  However, the payments under the new law are facing delays,...

Social Security is a hot topic and it's easy to see why. The fear of uncertainty—whether it's about funding, sustainability, or future benefits—makes people nervous. But the thing is, these concerns aren't new. Even 20 years ago, Social Security was under the microscope.  During the 2005...

Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough to keep up with rising prices. Their monthly checks don't go as far as they used to, making it harder to cover everyday expenses like groceries, housing and health care. How...

President Donald Trump's tax proposals are reigniting concerns about the future of Social Security. During his campaign for the presidency, Trump proposed tax cuts to benefit workers and small businesses – but critics warn these changes could accelerate Social Security's financial challenges, among...

Social Security is a cornerstone of financial stability for millions of Americans, with 68 million beneficiaries receiving monthly payments. While this program is vital for many retirees, disabled individuals and their families, a surprising contributor helps keep it afloat: unauthorized immigrants...

On Jan. 5, President Joe Biden signed the Social Security Fairness Act into law. This new law, introduced in January 2023, has stirred heavy debate among policymakers, union leaders and financial experts. Those favoring the legislation see it as a step forward, with public worker retirees gaining...

Marriage brings plenty of questions – especially about finances. For those marrying later in life, like Maria from Suze Orman's Women & Money podcast, a big question is how marriage will impact their Social Security benefits.  Here's what Suze Orman and the Social Security Administration...