Page 7 - Security Cuts News Today

Unless lawmakers come up with a plan to deal with Social Security's looming funding shortfall, retirees will likely see a reduction in benefits in about a decade. That reduction could be especially...

Unless the U.S. inflation rate registers a massive and unexpected spike for August and September 2023, next year's Social Security cost-of-living adjustment will almost certainly be around 3.0% --...

Social Security recently turned 88 years old, which means that for nearly nine decades, Americans have depended on the program for retirement and other benefits - all while worrying over how long...

Congratulations on your retirement! Once you reach this milestone, you're ready to start withdrawing money from your retirement accounts. If you've never done this before, don't panic. Money...

Concerns about the future of Social Security have been around almost as long as the program itself -- and it just turned 88 years old. Those concerns have not eased in recent years. In fact, the vast...

One of the pillars of Social Security is that most of it is funded through payroll taxes, meaning that the program is self-sustaining. Workers, employers and independent contractors all contribute...

It happens all the time to even the most careful Americans, and yet so many of us don't know what to do should it happen to us. We're talking about having your Social Security number stolen. Identity...

You're working hard to save for your golden years. However, you're not sure how much money to put aside. Social Security Cuts: These States Would Be Impacted the LeastSee: 3 Ways To Recession-Proof...

The Social Security cost-of-living adjustment (COLA) for 2024 is almost certain to be much lower than this year's COLA of 8.7%, with current projections calling for a 2024 COLA of about 3% based on...

Conventional financial advice recommends saving for retirement in a 401(k), IRA or both. But Grant Cardone, author of "The 10X Rule" and creator of the 10X Profit Planner, doesn't advise utilizing...