Social Security recipients will likely see the smallest cost-of-living increase in the last four years after the release of government data showing that inflationary pressures are cooling.
They were lukewarm about Harris' proposal to provide $25,000 for housing purchase assistance
"Reports of a $600 payment increase are FALSE, please be aware and don't fall for this stunt," Social Security Commissioner Martin O'Malley said in a news release.
The NIRS report highlights Americans' strong desire for pensions to address retirement anxiety.
As boomers hit "peak 65," but delaying claims until 70 maximizes benefits and requires proactive planning for a secure retirement.
It's unclear if there is an impending political battle on Capitol Hill over Social Security benefits as Republicans provide mixed messages.
U.S. Senator Rick Scott on Friday revised his plan to end all federal programs after five years to exclude the popular Social Security and Medicare programs, after enduring weeks of mounting criticism from Democrats and his fellow Republicans.
A day after his fiery second State of the Union speech, U.S. President Joe Biden zeroed in on Republican lawmakers who wanted to slash Medicare and Social Security.
Social Security will see an 8.7% hike in 2023 in response to inflation.
This increase in benefits affects 70 million Americans who collect SSA and SSI benefits.
Lori Shaffer, 53, pleaded guilty to stealing her late grandmother's social security benefits from 2013 to 2017.
The most recent tax returns will give some the chance to settle accounts with the IRS and receive either money or an explanation for its absence.
The IRS sent out a fourth wave of checks on Wednesday, going largely to underserved Social Security beneficiaries.
Social Security and Medicare could have long-term effects from the COVID pandemic that are yet to be realized.
Social Security benefits can go a long way toward making ends meet in retirement, so it's wise to ensure you know what to expect.
The president has been trying to paint his challenger as old and senile even though he's only three years younger.
Business groups have cast doubt on the Trump's executive order to defer payroll taxes, as they believe it will cause serious financial hardships for employees.
You could lose some of your retirement money -- but it won't be gone forever.
The U.S. Government Accountability Office outlined the mistakes the IRS made in its report, which included ignoring protocols for screening potential payments to the deceased and failure to notify the Social Security Administration and Treasury Department.
Some of these actions to boost your retirement benefits may surprise you!
Forced retirement can have serious consequences, and right now, it's a lot of seniors' reality.
Protecting employee rights may become more important once the coronavirus crisis passes, revitalizing unionization pushes.
