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The Latest Breaking News from Social Security

Who Is Senator Bill Cassidy? Career, Wife, Net Worth and His Alleged Screaming Match with Trump

Louisiana Senator Bill Cassidy, who clashed with Donald Trump in a heated Iran war powers row, is using his final months in office to push an ambitious, and risky, plan to shore up Social Security.

International Business Times UK

Elizabeth Warren Wants To Raise Taxes and Give All the Money to Senior Citizens

Her plan to fix Social Security's fiscal flaws would ask workers to cover the full cost. Some Republicans are supporting it too.

Reason

America is Turning 250 — But We Didn't Get Serious About Saving for Retirement Until 50 Years Ago

Here's a look at how retirement savings have changed over the past fifty years, from pensions to DIY investing.

Kiplinger

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The New Retirement 'Magic Number' Is Brutal: Americans Need $1.46 Million, but Most Are Far Behind

Americans now aim for $1.46 million for a comfortable retirement, driven by inflation and rising costs. However, many remain far from this goal, highlighting a gap between expectations and reality.

International Business Times UK

Donald Trump's OBBBA Bill Accidentally Pushes Social Security Closer to Insolvency, Costing $168 Billion

Donald Trump's One Big Beautiful Bill Act has accelerated Social Security's financial troubles, advancing the projected date for benefit cuts and stripping an estimated $168.6 billion from the programme's income.

International Business Times UK

Do You Need $1 Million-Plus to Retire if You Have a Pension?

Depending on the size of your pension, you might be able to stop worrying about hitting a specific savings number and start focusing on ways to use your wealth.

Kiplinger

US healthcare AI platform Xsolis confirms data breach that affects 1.4 million individuals

Social Security numbers and health insurance information nabbed as Xsolis tells its customers to be careful.

TechRadar

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This simple retirement move could save you money and stress

Don’t wait until the last minute to fill your cash bucket

The Independent UK

H.R. 1 Ends Medicaid on October 1 2026 and Medicare on January 2027 for Hundreds of Thousands of Legal Immigrants

H.R. 1 ends Medicaid for refugees, asylees, and other lawfully present immigrants October 1, 2026. Current Medicare enrollees outside permitted categories lose coverage January 4, 2027.

Medical Daily

'Knowingly Trampled': Judge Blocks Trump's Plan to Use Immigration Database for Midterm Voter Purges

A federal judge has blocked the Trump administration from using an immigration database for voter verification, citing privacy concerns and potential voter disenfranchisement ahead of the 2026 midterm elections.

International Business Times UK

FTC Says Government-Imposter Scams Up 40% and Cost Victims $3.5 Billion — Spot the Red Flags Before You Pay

Have you ever received a text or unexpected message from a government agency (like the IRS)? Well, join the club. A growing number of Americans...

Saving Advice

8 Retirement Planning Adjustments to Consider After the 2026 Social Security Trustees Report

Retirement planning rarely stays on autopilot for long. Every year brings new information, updated projections, and fresh reasons to revisit financial goals. The 2026 Social Security Trustees Report will likely spark conversations about the long-term future of the program, and many retirees and future retirees may wonder whether they need…

The Free Financial Advisor

The 2027 Social Security Trap: Why a Historic 'Trump Bump' Raise Threatens to Cut Payouts by 22%

A Trump‑fuelled surge in inflation is setting up one of the biggest 'Trump bump' rises in decades for 2027, but it is also accelerating the programme's path towards projected 22% benefit cuts in 2032.

International Business Times UK

Why many older Americans are losing ground even with an 80-year-old president

American political leadership skews decidedly older than the population as a whole. President Donald Trump turned 80 years old on June 14, 2026. The median age for senators is nearly 65, and the median age for House of Representatives members is almost 58.

The Conversation

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The Economic Times

Kerala to review pension rolls, reiterates Rs 3,000 pension promise

Kerala Chief Minister V D Satheesan announced a comprehensive review of welfare pension beneficiaries to eliminate ineligible recipients and ensure all deserving individuals receive benefits. He reiterated the government's commitment to raising the social security pension to Rs 3,000, a key promise from the UDF's 'Indira Guarantee' program. The government…

International Business Times UK

US Seniors Could Lose Half Their Social Security Cheques Under Tougher Overpayment Clawback Rules

The Social Security Administration's policy changes on overpayment recovery, now set at a 50% withholding rate, affect millions of retirees and disabled beneficiaries, causing financial strain and uncertainty.

GOBankingRates

The Retirement Portfolio Experts Say Works Best After Age 50

Retirement planning tends to follow a simple formula: save consistently, invest for growth and let time do the heavy lifting. But somewhere in your 50s, that formula needs to shift as retirement comes...

Fortune

The national debt's 20-year deadline and baby boomers' spending problem: 'a lot of incentive for every generation to try to pass a big bill'

Kent Smetters, faculty director of the Penn Wharton Budget Model, estimates that we spend 6x more on older than young people — or actually more like 10x.

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news in one place.

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International Business Times UK

Trump's Proposed Social Security Rule Could Cut Monthly Benefits by $330 for 275,000 Americans

Donald Trump is backing a rule change that could sharply reduce Supplemental Security Income payments for hundreds of thousands of low‑income Americans, according to new Social Security estimates.

Kiplinger

My First $1 Million: Retired Teacher, 83, New York

"I used to sweat the small stuff, but I have learned, after my wife and I each had a bout with cancer, it's all small stuff."

Kiplinger

Paper Social Security Checks Are on Their Way Out: How to Help Your Aging Loved Ones Cope

Electronic Social Security payments are being touted as faster and safer than paper checks. But those who rely on them will need support to make the transition.

GOBankingRates

I Asked ChatGPT How Much I’d Need To Save To Retire 5 Years Early — Here’s the Reality Check

For decades, 65 has been viewed as the traditional retirement age, but many Americans would prefer to leave the workforce earlier, including myself. But is that possible as costs of living continue to...

The Economic Times

New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefit

New labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security benefits. This standardized format, previously limited to certain sectors, now extends to all, reducing ambiguity and disputes. Employees in informal sectors stand to gain significantly from this move towards greater…

Saving Advice

What a Medicare Part A Funding Shortfall Could Mean for Seniors Over the Next Decade

Following the release of the Trustees Report for Social Security and Medicare this year, many seniors have questions about the future of the two programs....

The Free Financial Advisor

7 Smart Ways to Compare Retirement Tax States Before You Move

Retirement opens the door to new possibilities, and for many people, that includes relocating to a new state. A lower tax bill can make retirement savings stretch further, but chasing a tax-friendly destination without doing enough research can create expensive surprises. A state that looks perfect on paper may carry…

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