News

The Social Security system in the United States is undergoing significant transformations, impacting millions of Americans.
When that happens, seniors will face an automatic 23 percent cut in their Social Security benefits. Medicare will reduce ...
The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.
Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...
Unfortunately, the latest Social Security Trustees Report has raised concerns about the program's solvency. This is a serious ...
As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...
The official trustees now estimate the need for a 23% cut in benefits, plus 11% to Medicare, in eight years.
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.
The future of Social Security has taken a serious turn. According to the 2024 annual report from the Social Security Board of ...
Although Congress has yet to act, it is well known that Social Security's rainy-day funds will soon run dry, and revenue from ...
Social Security has not collected enough revenue to cover its total cost since 2021, and the gap between income and expenses ...