Recently, Social Security announced an increase in Social Security benefits, which could provide millions of seniors with more money to cover their daily
Social Security's trust funds are projected to run out in the next decade. When lawmakers address that dilemma, they will also define the program's future role.
Ahead of May 7’s primary election, five of the eight Republican candidates for Indiana’s 8th Congressional District met for a debate at the Ohio Township Trustee Office.
Defaulting on a car loan can lead to late fees, a dip in your credit and even vehicle repossession.
People with certain federal student loans have until Tuesday to consolidate them and qualify for debt cancellation. The Department of Education is reviewing over 40 million loan accounts and issuing credit for past payments that previously didn’t count toward forgiveness. Also in this episode: a look at the latest inflation reading, Americans’ savings habits and pop-up coworking spaces.
To maximize what you can collect, it’s crucial to know when you can file, how delaying filing affects your checks and the income limit if you’re still working.
When Is The Social Security Trust Fund Running Out? A social safety net is synonymous with a failsafe for many, but in the case of the U.S. Social Security system, additional action is needed to ensure it stays that way. The annual OASDI trustees report by the Social Security Administration, covering old-age, survivors and disability insurance, shows that under the present circumstances, the asset reserve dedicated to the benefit program could be depleted sooner rather than later. ...
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Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.
Waiting until 70 to file for Social Security benefits comes with a higher check, but there could be financial consequences to consider for you and your family.
Coming out of the pandemic, American bank accounts continue to feel the sting of inflation, and that includes retirees — and those who rely on Social Security.
The latest estimate for Social Security‘s cost-of-living adjustment (COLA) in 2025 has risen to 3% due to higher-than-expected inflation, according to new calculations reported on Wednesday. This increase marks the third adjustment this year, following the reacceleration of inflation each month in 2024. The initial estimate for the 2025 COLA was 1.75% in January, which then […]