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Social Security benefits expected to run out in 2035, worries retirees. Americans fear being unprepared for retirement as full benefits may not last.
Nancy Pelosi made a big profit from stock options in NVIDIA, sparking concerns about politicians trading individual stocks. #Pelosi #Stocks
Brian Dalton, 72, moved from Minnesota to California for the weather. He loves the amenities and the outdoors. Gas is expensive.
Environmental group Riposte Alimentaire has claimed credit for the Louvre Museum demonstration where the Mona Lisa was splattered with pumpkin soup.
Rising costs prompt seniors to consider returning to work, survey shows. Many say Social Security benefits won't cover expenses.
Maximize your retirement budget by waiting until age 70 to claim Social Security benefits, potentially adding thousands to your income.
Senate confirms Martin O'Malley as Social Security Commissioner, marking the first time in 25 years a Democratic nominee is confirmed.
Education Department updates student loan forgiveness application for borrowers with disabling medical conditions, expanding access and simplifying the process.
Social Security offices will be closed on Veterans Day, Nov. 10, but you can still access services online.
Former US vice president Mike Pence drops out of the 2024 presidential race, highlighting Trump's dominance in the Republican Party.
Legendary MLB manager Dusty Baker announces his retirement after a 26-year career, leaving a lasting impact on the Houston Astros.
Social Security beneficiaries will receive a 3.2% increase in benefits next year, but won't know the exact amount until December.
Social Security recipients may receive a significantly lower cost-of-living adjustment for 2024, with estimates around 3.2%. This increase may not be enough to sustain the cost of living for most beneficiaries. Medicare Part B premiums are also expected to increase. The official adjustment will be announced on Thursday.
2023 saw the highest Social Security increase since 1981, but 2024's adjustment is expected to be lower due to inflation control measures. Stay updated for accurate benefit amounts.
US Government Shutdown Looms as Congress Races to Pass Budget; Social Security Payments Unaffected, but New Applications for Social Security Cards Will Be Impacted.
Government shutdown fears loom as Congress and Senate struggle to agree on federal budget, potentially impacting non-essential agencies and services.
The possibility of a government shutdown is looming large, after Republican leadership scrapped a procedural vote on a stopgap funding bill to keep the government running through October. Intraparty feuding between moderates and the hard-right lies at the heart of the GOP's inability to reach a compromise and highlights the challenge before House Speaker Kevin McCarthy (R-Calif.).
Conservative lawmakers proposed a bill to fund the government through October 31, but the Senate and some House lawmakers aren't onboard. A government shutdown could happen in 13 days.
Mitt Romney, U.S. Senator from Utah, announces he will not run for re-election after 25 years of public service.
Social Security benefits may be reduced by 77% in the future due to financial pressures, but changes are likely to be made to prevent cuts.
Idaho mother Lori Vallow Daybell, convicted of killing her two children and her husband's former wife, has been sentenced to life in prison without parole. Her husband, Chad Daybell, also faces murder charges. The couple held "cult-like" religious beliefs and allegedly plotted the killings for financial gain. Vallow Daybell also faces conspiracy charges in Arizona.
If you're curious about what's happening with Social Security in the United States, then you've come to the right place! From changes affecting benefit amounts, retirement age and eligibility requirements - there is always something new under the sun. So, let's dive into it like a detective at a crime scene.
Did you know that one of the most common news content we find revolves around financial adjustments? Guess why! Each year, benefits are adjusted for inflation through an element known as COLA (not your favorite fizzy drink but Cost-of-Living Adjustment). Significant or insignificant rise in benefits can spark quite a debate among our fellow citizens!
Furthermore, should someone tell us retirement age isn't all that important? Yet another hot topic when it comes to Social Security affairs is changes in 'full' retirement age. With improved healthcare and living standards leading people to live longer lives than before – doesn’t it make sense if Uncle Sam decides we need to work just a tad bit more? Also adding fuel to this fire are discussions on how these alterations impact those planning their golden years.
Beyond these issues lies yet another predicament! How secure is social security itself given America’s ageing population and shrinking workforce per retiree ratio? Quite shuddery isn't it?
Aren’t Medicare taxes puzzling too sometimes when they get intertwined with Social Security Policies modifications?
To sum up folks: Financial adjustments owing to inflation, modification of rules regarding full-retirement age or optimising tax liabilities may end up being your breakfast-table discourses once drilled into this rigmarole called "Social Security". Now aren’t you glad that amidst "Games of Throne" re-runs and lip-sync challenges we keep ourselves updated on such integral aspects essential for our lives’ offstage acts?
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