News

Social Security and Medicare Are Racing Toward Drastic Cuts—Yet Lawmakers Refuse To Act
When that happens, seniors will face an automatic 23 percent cut in their Social Security benefits. Medicare will reduce ...
AOL8d
How the Social Security Fairness Act Could Change Retirees’ Taxes - AOL
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.
BenefitsPRO4d
If Social Security benefits run dry in 2033, workers need an extra $100,000 in retirement savings
Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...
Trustees confirm Democrats made Social Security worse
Thanks to legislation signed by Biden last year, the Social Security Trust Fund is now set to run out of money almost a year ...
Social Security and Medicare clocks tick to depletion
As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
The Westside Gazette3d
Trustees Warn of Looming Cuts to Social Security, Medicare as Trust Funds Dwindle
Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...
FingerLakes1.com13d
July Social Security payment dates and amounts: What to expect
Full breakdown of July 2025 Social Security and SSI payment dates, amounts, and why the timing matters this month.
American Society of Pension Professionals & Actuaries3d
Social Security Solvency: Does the WEP/GPO Repeal Factor in?
Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...
CNET on MSN10d
Social Security Is Shrinking Faster Than Expected. What It Could Mean for Your Future Checks
Millions of Americans rely on Social Security as supplementary income, and for many, it's their lifeline. According to the latest annual report from the Social Security Trustees, the program is in ...
WIVB News 4 on MSN13d
How changes to Social Security projections could affect you
If you or a loved one are planning to receive Social Security checks in the near future, the amount you receive may be ...
PLANADVISER10d
PensionBee Analysis Says Looming Social Security Cuts Could Cost Americans $138,000 Each
The analysis finds that a 23% cut would require $138,000 in added savings to replace the lost income; a 19% benefit cut would ...
MiBolsilloColombia on MSN4d
Social Security payout could grow; if you're in the right kind of job
Your job type and recent policy changes could boost your Social Security benefits. Working past Full Retirement Age and ...