Here's the 1 Thing Trump Plans to Do About Social Security That Should Concern Retirees the Most
Donald Trump hopes to accomplish a lot in his second term. He intends to implement "the largest mass deportation program in history." He wants to end birthright citizenship. Trump seeks further tax cuts. He supports cutting regulations. The president-elect plans to impose steep tariffs on all imports to the U.S.
Senate plans to vote on bill that would increase Social Security benefits for some pensioners
People who receive income from public pensions may have their Social Security benefits reduced. The Senate may soon vote to eliminate those rules.
This was the average Social Security benefit in 2004, and here's what it is now
It's smart to get at least a rough idea of how much income you can expect from Social Security so that you can plan accordingly.
Here Are Two Major Social Security Changes Retirees Need to Know Heading Into 2025
The new wage base limit, which will be in effect in 2025, is $176,100, up from the $168,600 limit in 2024. This means more income of some workers will be subject to Social Security payroll taxes.
Social Security's Retirement Age Is Changing: Here's Who's Affected
The Social Security retirement age is when seniors can receive monthly benefits for the full amount they're entitled to.
Could Retirees See Social Security Benefits Cut Under Trump?
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing
Social Security retirement age set to change in 2025
Among the other Social Security changes coming in 2025 are a smaller cost-of-living adjustment at 2.5%, down from 3.4%; an increase in maximum taxable earnings from $168,000 to $176,100; and appointment-based services at Social Security offices nationwide.
Social Security update: Second round of December payments worth $4,873 goes out in three days
The second round of December’s Social Security payments will go out to the first group of retirees in three days.
Social Security Fairness Act takes big step towards passage
Lawmakers are moving ahead with a bipartisan bill that would provide enhanced Social Security benefits to millions of ...
What is the Social Security Fairness Act?
The Social Security Fairness Act would increase payouts of Social Security benefits to roughly 2.8 million people by ...
Social Security update: January direct payment worth $943 goes out in 16 days
January’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries in 16 days. The ...
Social Security new legislation: What would it mean for payments?
A review of the legislation by the Congressional Budget Office, a nonpartisan federal agency in the legislative branch, found ...
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Yes, You Can Freeze Your Social Security Number to Thwart Identity Thieves. Here's How
Locking your Social Security number requires a different process than freezing your credit. Both tools can protect you ...
President-Elect Donald Trump's Social Security Proposal Comes With Unintended Consequences
Every year since the first retired-worker benefit check was mailed in January 1940, the Social Security Board of Trustees h ...