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Social Security beneficiaries may receive a larger cost-of-living adjustment in 2027 as inflation continues to place pressure on household budgets. New estimates suggest the Social Security COLA for 2027 could range from 3.8% to 4.7%, depending on how consumer prices move in the coming months. One estimate from independent Social Security and Medicare policy analyst … Read more
Social Security retirees could face a 22% benefit cut if Congress does not act before the program’s retirement trust fund runs short of reserves, according to new government projections. The latest Social Security and Medicare Trustees Report estimates that the Old-Age and Survivors Insurance trust fund could exhaust its reserves in late 2032. That is … Read more
Millions of Americans are paying close attention after the latest Social Security trustees report warned that the trust fund supporting retiree and survivor benefits may run short earlier than expected. According to the report, the Old-Age and Survivors Insurance trust fund, known as OASI, could begin depleting by the fourth quarter of 2032 if Congress … Read more
Social Security recipients could see a bigger monthly benefit increase in 2027 if inflation remains elevated through the rest of the year. A new forecast from The Senior Citizens League estimates that the 2027 Social Security cost-of-living adjustment could reach 3.8%. If that prediction becomes reality, it would be higher than the current year’s 2.8% … Read more
A Social Security field office in Decorah, Iowa, has reopened after being closed for months because of staffing shortages. The reopening brings relief to local residents, especially seniors and people with disabilities who depend on in-person Social Security support. The office had been closed for around six months after the last staff member retired. Its … Read more
Social Security recipients and future retirees may need to start preparing for a possible financial shock. A recent projection shows that the retirement trust fund could become depleted in 2032, which may leave the program able to pay only about 78% of scheduled benefits if Congress does not act. That could mean a possible 22% … Read more
Millions of Americans could face smaller Social Security checks within the next six years if Congress does not act to strengthen the program’s finances, according to the latest annual report from Social Security’s trustees. The report warns that Social Security’s retirement trust fund is now expected to run dry in late 2032. That is one … Read more
A new forecast suggests Social Security beneficiaries could receive a larger cost-of-living adjustment in 2027, as inflation continues to put pressure on household budgets across the United States. The Senior Citizens League, a nonpartisan senior advocacy group, has projected that the 2027 Social Security Cost-of-Living Adjustment could reach 3.9%. If confirmed later by official government … Read more
Millions of Americans are receiving their June 2026 Social Security and Supplemental Security Income payments this month, but not everyone gets paid on the same day. The Social Security Administration uses different payment dates depending on the type of benefit, when a person first started receiving benefits, and the beneficiary’s date of birth. While some … Read more
cMillions of Texas residents will receive their June 2026 SNAP benefits on different dates throughout the month. The Supplemental Nutrition Assistance Program, commonly known as SNAP and formerly called Food Stamps, helps low-income households buy eligible food items each month. Although SNAP is funded by the U.S. Department of Agriculture, payments in Texas are managed … Read more