Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment (COLA) is added to Social Security payments.
Tag Archive | "Social Security"
What To Know About The Social Security Cost-Of-Living Adjustment
Posted on 16 October 2023.
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Social Security Overpayments Draw Scrutiny And Outrage From Members of Congress
Posted on 03 October 2023.
Several members of Congress are calling on the Social Security Administration to answer for issuing billions of dollars of payments it says beneficiaries weren’t entitled to receive and then demanding the money back.
Posted in HealthComments (0)
3 Ways To Reduce Taxes On Social Security
Posted on 07 September 2023.
Social Security benefits were once tax-free. That changed in 1983, when Congress decided to tax a portion of benefits for the highest-income recipients.
Posted in Retirement, Your MoneyComments (0)
8 In 10 People Oppose Raising The Full Retirement Age For Social Security
Posted on 29 May 2023.
There’s a reason that Social Security is called “the third rail of American politics” — as in, touch it and die. Most Americans, especially seniors, are fiercely protective when it comes to their retirement benefits.
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New Social Security Plan Could Raise Full Retirement Age
Posted on 23 May 2023.
A group of Senators is working on a plan to shore up Social Security by potentially raising the full retirement age, along with other changes to how Social Security benefits are financed.
Posted in Retirement, Your MoneyComments (0)
Social Security Helps Prevent A Poverty-Ridden Old Age
Posted on 03 May 2023.
When I was a young worker paying Social Security payroll taxes into the Trust Funds — which were going to help retired workers on a “pay as you go” basis — I was told that “Social Security won’t be there to help you when you need to retire.”
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