A Social Security issue linked to the new Social Security Fairness Act may be costing some retirees thousands of dollars in retroactive benefits. Lawmakers are now urging the Social Security Administration to correct the problem and ensure that all eligible seniors receive the full payments they are owed. The issue affects certain retirees who may … Read more
For many retirees, Social Security is no longer just extra monthly income. It is often the main source of money used for rent, groceries, medical costs, utilities and other daily needs. That is why debt collection can feel especially stressful for older Americans living on a fixed income. The good news is that Social Security … Read more
Social Security beneficiaries may receive a larger cost-of-living adjustment, or COLA, in 2027 than early forecasts suggest. Current estimates have pointed to a moderate increase, but rising inflation, especially higher energy prices, could push the final adjustment higher. The 2027 COLA is not final yet. It will depend on inflation readings during the third quarter … 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
Trump’s proposed $1,000 retirement accounts for newborn babies have triggered a major debate over the future of Social Security in the United States. Supporters describe the idea as a long-term savings opportunity for children, while critics argue it could become a step toward privatizing Social Security. The program, often called “Trump Accounts” or “401(k)s for … Read more
Millions of Social Security beneficiaries will receive their May 2026 payment on Wednesday, May 13. This payment is part of the Social Security Administration’s regular monthly schedule, which sends benefits on different Wednesdays depending on the beneficiary’s birth date. For many retirees, disabled workers and survivor beneficiaries, Social Security is a major source of monthly income. … 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
The debate over undocumented immigration often focuses on border security, jobs, public services, and legal status. But there is another issue that receives less attention: Social Security funding. Many undocumented immigrants work in the United States and pay taxes, including payroll taxes that support Social Security. However, many of these workers are unlikely to receive … Read more
A proposed Social Security rule change could reduce or eliminate benefits for nearly 400,000 disabled Americans who receive Supplemental Security Income, also known as SSI. The change focuses on how the Social Security Administration defines a public assistance household and whether Supplemental Nutrition Assistance Program benefits, commonly known as SNAP, should count as a qualifying form of public assistance. … Read more
Rising gas prices are creating fresh concerns for millions of Americans who depend on Social Security benefits. While higher fuel costs may eventually lead to a larger cost-of-living adjustment, or COLA, the short-term effect is often painful for retirees living on fixed incomes. For many seniors, gas prices affect far more than the cost of … Read more