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In 2025, benefits got a 2.5% COLA. Many older Americans are hoping that 2026's COLA will be larger, or at the very least, the ...
This week, payments are set to be made to those receiving retirement, survivor and spousal benefits as well as disability ...
Lawmakers don't want to see those cuts happen, so they've been talking through different solutions to prevent them. And one ...
The Social Security tax, levied on both employers and employees, funds Social Security and is collected in the form of a payroll tax or a self-employment tax. Definition, Exemptions, and Example ...
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The Mary Sue on MSNWhat is a ‘ponzi scheme’ and does Social Security fit the definition? Elon Musk’s claims, exploredThe Social Security Administration has debunked this repeatedly. According to Social Security’s own inspector general, over ...
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No Tax on Social Security? Just a Deduction Instead - MSNThe House bill modifies the government’s definition of taxable income, allowing a “bonus” deduction of up to $4,000 for single filers 65 and older. The change would apply for the 2025 to ...
The Social Security Administration (SSA) is gearing up for massive layoffs as part of the Department of Government Efficiency(DOGE)'s efforts to cut waste in the federal government. In a memo sent ...
House witness Dan Turner defends his characterization of Social Security as a 'Ponzi scheme' after a challenge by Rep. Robert Garcia during an oversight hearing.
Here's a Social Security simple definition: "To better understand Social Security, it may be helpful to know that the official name is the Old Age, Survivors, and Disability Insurance ...
The Social Security Administration (SSA) has laid out plans to slash about 12% of its overall workforce, or 7,000 jobs.. Rich Couture, a spokesman for AFGE SSA's General Committee, says more than ...
Social Security is not a retirement fund—it's a transfer program, taking income from the payrolls of current workers and giving it to retirees. Generally, these retirees are already wealthier ...
Does Social Security increase the national debt? It depends on how you define “debt.” The program pays $1.5 trillion a year and aids 70 million Americans.
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