New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension").
Two moves retirees may make now to boost their 2025 Social Security benefit checks
A 2.5% Social Security cost-of-living adjustment is the lowest increase to benefits since 2021. To increase those checks, retirees may consider two money moves.
4 most worrisome things for retirees on Social Security as COLA disappoints — and how to prepare for what’s ahead
For retirees, healthcare expenses are unavoidable and increasingly unaffordable. Fidelity Research says a 65-year-old retiring in 2024 can expect to spend an average of $165,000 on healthcare and medical expenses throughout retirement — a 5% jump over the previous year and more than double 2002’s estimate.
Understanding Your Retirement Options: Savings and Social Security
Learn about the key types of employer-sponsored retirement plans, tax-advantaged IRAs and Social Security benefits.
Social Security COLA prediction: Bad news for retirees in 2026?
An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock. The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.
Is the 2025 Social Security Cost-of-Living Adjustment (COLA) Really Enough for Retirees to Keep Up With Inflation?
The Social Security cost-of-living adjustment, or COLA, added 2.5% to Social Security benefits in 2025. However, as Certified Financial Planner® Matt Frankel explains in this video, this might not be quite enough to help American retirees keep up with the rising cost of the goods and services they need the most.
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials such as groceries and medical bills. Will 2026's COLA increase help?
Why Your 2025 Social Security COLA Is Probably Too Small
If you receive Social Security benefits, you are getting a Cost of Living Adjustment (COLA) this year. This means your retirement benefits check is going to be bigger than it was before. That's the good news.
Will Social Security, Medicare payments be delayed? What we know about Trump’s federal funding freeze
President Donald Trump’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.
This Week in Medicare & Social Security - Jan. 27-31, 2025
Trump's federal freeze, the Social Security Fairness Act and more. In case you missed it, here's what Retirement Daily published on Medicare and Social Security this week.
What a Federal Grants Pause Could Have Meant for Social Security and Medicare
The White House rescinded a pause on all Federal grants and loans, but the short-lived action shined a light on what could ...
Trump freezes federal aid: What it means for Social Security, Medicare, universities and more
President Donald Trump has frozen $3 trillion in federal funds until his administration completes a full spending review.
Are You Taking Social Security and Worried About the Federal Funding Freeze? Here's What You Need to Know.
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently ...
Federal assistance freeze won’t halt Social Security or Medicare payments
Nothing in this memo should be construed to impact Medicare or Social Security benefits,” the memo from the Office of ...
White House: Food stamps and Medicare will not be affected in federal aid freeze
White House press secretary Karoline Leavitt said that Social Security, Medicare and food stamps would not be affected by the ...
Donald Trump and Social Security: 10 Things You Need to Know
Like most elected officials, Donald Trump recognizes that Social Security is vital to the financial well-being of our ...
Top Treasury Official Leaves Agency After Musk Allies Demand Access to Social Security Payment System: Report
A top Treasury official left the agency after Elon Musk's allies allegedly demanded access to the Social Security payment ...