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The Latest Breaking News from Social Security

Gen Xers expect to keep working longer than they planned–and will be the first generation to go into retirement with less financial security than their parents and grandparents

How we deal with what lies ahead for Gen X will set the precedent for decades and generations to come.

Fortune

Fact check: Did Joe Biden keep these 99 promises?

Joe Biden’s campaign focused on COVID-19, racial justice, climate change and tax reforms. We tracked 99 promises.

Al Jazeera

How Would Raising the Social Security Retirement Age to 69 Affect You?

Workers have two choices if the full retirement age ever increases to 69. Work longer or collect less.

Kiplinger

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Dragging Your Feet on Saving for Retirement? Here's How to Jump In

Procrastinating when it comes to saving for retirement is all too common. But stalling for too long will hurt your long-term financial security and peace of mind. Here are five tips to break the cycle.

Kiplinger

Blood donation firm reveals donor personal data stolen in cyberattack

OneBlood is offering free identity theft and credit monitoring services.

TechRadar

Scottish Labour urged to stand against Keir Starmer’s 'cruel' social security cuts

The Scottish Greens have called on Scottish Labour leader Anas Sarwar to stick by his promise of “no austerity under Labour” to oppose reported…

The National (Scotland)

Scam warning for anyone hit by the LA wildfires

Here’s what to do if you think you are being scammed

The Independent UK

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Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt

US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.

International Business Times UK

Tax Season Alert: Protect Yourself From Identity Theft Risks

A new IRS report highlights ongoing issues, including the agency's "unconscionable" delays in addressing identity theft cases.

International Business Times

Three Ways President Trump Could Impact the Economy

Some of Trump's top priorities could boost economic growth, but others risk fueling inflation.

Kiplinger

Three Steps to Simplify Paying Your Taxes in Retirement

Once you retire, how you pay some of your taxes can change. Here's how to get a handle on them so you don't run afoul of the IRS and face penalties.

Kiplinger

The biggest addiction treatment provider in the US says it was hit by data breach

BayMark Health Services notified law enforcement and affected people of the breach, offering free identity theft monitoring.

TechRadar

Need More Money for Retirement? A Lost 401(k) May Rescue You

Over 29 million lost 401(k) accounts worth almost $1.65 trillion have been forgotten by their owners. Here are eight ways you can locate your account.

Kiplinger

62-Year-Old With Master's Degree Works as Retail Manager for £17/Hour, Too Scared To Retire

Ted doesn't desire to work as a retail manager but cannot plan to retire anytime soon due to high levels of credit card debt.

International Business Times UK

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Kiplinger

Social Security and Medicare Funding: Is the Sky Falling?

Social Security and Medicare are slowly running out of money, but what does that mean for the retirees counting on them? Actually, it's not all bad news.

TechRadar

Beware, that Social Security email could be hiding dangerous malware

Researchers spot Social Security-themed campaign timed alongside the US presidential elections.

Fortune

Millions will get higher Social Security benefits after Biden signs 'fairness' bill

"Americans who have worked hard all their lives to earn an honest living should be able to retire with economic security and dignity," Biden said.

Fortune

Social Security's 2.5% COLA increase for 2025: What you need to know

The 2025 Social Security COLA is only +2.5%, leaving many American retirees concerned about covering their expenses.

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news in one place.

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International Business Times UK

Four Underrated Tax Benefits All US Retirees Over 65 Should Avail Of

US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.

Kiplinger

Social Security Fairness Act Will Boost Retirement Benefits For Millions. Will You Be Impacted?

The Social Security Fairness Act will impact the Social Security benefits of millions of public sector retirees, enabling those with a pension to also collect full SS benefits. However, retroactive payments have been delayed.

The Independent UK

Biden awkwardly scolds reporters after being asked about age: ‘I know more world leaders’

‘My being the oldest president, I know more world leaders than any one of you ever met in your whole goddamn life,’ president tells reporters

International Business Times

Social Security 2025: Major Medicare Changes For Retirees – Key Updates You Need To Know

President Joe Biden is set to sign a bill that will raise Social Security benefits for some pensioners, while the annual COLA will apply to all beneficiaries. These changes aim to help retirees keep up with inflation and provide extra financial support.

Kiplinger

10 Ways Retirees Can Manage Income Distribution

The goal of a retirement income plan is to make the most of your money while ensuring that it lasts. These 10 strategies can help secure your financial future.

The Guardian - US

Biden signs bill to boost social security payments for millions of public workers

President says Social Security Fairness Act will benefit ‘Americans who have worked hard all their lives’

International Business Times

Biden To Sign Bill That Will Raise Social Security Payments For Millions

The bill will also eliminate the Government Pension Offset, or GPO, which reduces Social Security benefits for certain spouses, widows, and widowers.

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