Millions of Americans who collect Social Security while continuing to work could receive larger immediate payments under a new proposal introduced by Republican lawmakers. Senator Rick Scott of Florida and Representative Greg Murphy of North Carolina introduced the Senior Citizens’ Freedom to Work Act of 2026 in April. The legislation would repeal the Social Security Retirement Earnings … Read more
Social Security recipients could face automatic benefit cuts within the next several years if lawmakers fail to address the program’s growing funding gap. The latest trustees’ projections show the retirement trust fund could be depleted by late 2032. That does not mean Social Security would disappear, but it does mean the program would no longer … Read more
Retirees may have an extra reason to look forward to October this year. While many people associate fall with cooler weather and seasonal changes, seniors across the United States will be watching for something more important: the Social Security cost-of-living adjustment for 2027. The annual COLA announcement will determine how much Social Security payments increase … Read more
Connecticut retirees could face the largest average Social Security benefit cut in the country if Congress does not act before the program’s trust fund reserves run short. According to a projection from the Committee for a Responsible Federal Budget, Social Security recipients in Connecticut could lose an average of $556 per month by 2032. The … Read more
Social Security is facing a serious funding warning that could affect tens of millions of Americans. A new report from the Committee for a Responsible Federal Budget says the program’s main retirement trust fund could be exhausted in 2032, triggering a possible 24% across-the-board benefit cut if Congress does not act. The projected cut would … Read more
Many Social Security recipients are worried that rising tariffs could push everyday prices higher than their annual cost-of-living adjustment can cover. A new nationwide survey from the Nationwide Retirement Institute shows growing concern among retirees and future beneficiaries that Social Security checks may not keep pace with real household expenses. According to the poll, 66% … Read more
Millions of Social Security recipients could receive a larger cost-of-living adjustment in 2027 if current inflation trends continue. A new projection suggests that benefits may rise more sharply than they did in 2026, offering retirees some relief as everyday expenses remain high. According to The Senior Citizens League, Social Security benefits could increase by 3.3% in … Read more