Social Security

Most Americans receiving Social Security will see the 2026 cost-of-living adjustment reflected in their first payment of the new year, while Supplemental Security Income beneficiaries will get the increase a day early, on Dec. 31, 2025. SSI Recipients See Increase One Day Early About 71 million...

Sen. Rand Paul (R-KY) is sounding the alarm on the bleak future of the U.S. Social Security program, warning that it could run out of money by 2034, prompting tough decisions. Retirement Age Must Rise To 70 Paul said that the program is quickly running out of cash to pay future...

In a move set to affect nearly 71 million Social Security beneficiaries, benefits are slated to increase by 2.8% in January 2026. Additionally, almost 7.5 million Supplemental Security Income recipients will see a rise in benefits from December 31. According to reports, the announcement, initially...

In a bid to tackle the impending insolvency of Social Security, the Committee for a Responsible Federal Budget has put forward a proposal to limit the Cost-of-Living Adjustments (COLAs) for those receiving the largest benefits. The Social Security retirement trust fund is on track to be exhausted...

On Sunday, Sen. Elizabeth Warren (D-Mass.) took to X to accuse Donald Trump of planning to reduce Social Security benefits for older Americans. Trump Is ‘Plotting’ To Cut Social Security Benefits Warren’s post highlighted a contradiction between Trump’s campaign promises...

Sen. Elizabeth Warren (D-Mass.) said the Trump administration is "fudging the numbers" on how long Americans wait for help from Social Security, pointing to her office's findings and to recent reporting that refute the agency's rosy claims. Warren's Cites Social Security Administration’s...

The Department of Government Efficiency placed the personal data of millions of Americans, including Social Security numbers, on a vulnerable cloud server in June, according to a new whistleblower complaint by the Social Security Administration's chief data officer, Charles Borges. Whistleblower...

Half of surveyed retirees say they are "terrified" that tariffs could erode their retirement income or savings, according to a new Nationwide Retirement Institute survey, as fresh trade actions and rising costs feed anxiety about fixed benefits. Why Tariff Fears Are Eroding Retirement Security...

The late Berkshire Hathaway vice chairman once saw Social Security as a pillar of American dignity and argued against policy shifts that would hurt retirees. What Happened: In a 2011 discussion at the University of Michigan's Ross School of Business, legendary investor Charlie Munger called Social...

Tech bull Dan Ives of Wedbush Securities has raised his price target for Palantir Technologies Inc. (NASDAQ:PLTR), signaling a 12% upside from its current trading price over the next 12 months. What Happened: In a post on X, Ives expressed growing confidence in Palantir's artificial intelligence...

The Social Security Administration (SSA) has come under scrutiny for distributing an email that inaccurately describes the impact of President Donald Trump’s new tax legislation on Social Security benefits. What Happened: The email, which has been shared by several beneficiaries, claims that...

President Donald Trump's "Big, Beautiful Bill" promises the first new tax break for older Americans since 2017, a temporary "senior bonus" deduction that could reduce many retirees' taxable income by up to $6,000 each year from 2025-28. How The Senior Bonus Works The Senate-passed version lets...

Social Security and Medicare's main trust funds will be depleted in 2033, a year earlier than last forecast, trustees said Wednesday. What Happened: The annual report advanced Medicare's insolvency date by three years after higher-than-expected 2024 hospital spending and slower wage growth eroded...

The student loan policies of the Trump administration, backed by Congressional Republicans, could pose a significant risk to the U.S. economy, potentially overshadowing concerns about Trump’s tariff policies, according to an expert. What Happened: The student loan debt in the U.S. stands at...

On Friday, the Supreme Court ruled in favor of granting the Department of Government Efficiency (DOGE) access to sensitive Social Security records. What Happened: The Supreme Court granted the Donald Trump administration's emergency request to lift a lower court's ruling that had blocked DOGE's...