The Latest Breaking News from Social Security

Washington (AFP) - US lawmakers were set to embark on a 10-day break Thursday, despite failing to agree on raising the nation's borrowing limit to avert a looming default that could come while they are away.

On Friday, June 2, millions of Americans are due a total of $25 billion worth of Social Security payments. And more than anything else, that may prove a decisive element in forcing an end to the partisan standoff over raising the federal debt limit.

The House GOP caucus "auctioned off" lip balm used by the House speaker amid debt ceiling negotiations

Washington (AFP) - The White House and Congressional Republicans are still locked in crunch talks to try and avert the first debt default in US history, which Treasury officials have warned could come as soon as June 1. 

After incidences of elderly persons facing problems of withdrawing their pension from banks as biometric devices failed to read blurred fingerprints, the Naveen Patnaik Government had on May 20 announced that all beneficiaries under Madhu Babu Pension Yojana would be receiving cash on 15 of every month at disbursement places…

This year's Social Security cost-of-living adjustment was the highest it's been in 40 years. Next year, it could be 3.1% or lower.

What Is a Marginal Tax Rate?A marginal tax rate is the rate at which tax paid based on different levels of income. Marginal tax rates typically relate to progressive tax rates, a system in which tax rates increase according to the levels of income attained. The U.S. and many countries…

Politicians in Washington may be offering assurance that the government will figure out a way to avert default, but around the country, economic anxiety is rising and some people already are adjusting their routines

A new claim for PIP or Adult Disability Payment could help with daily living or mobility costs.