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For decades, people have fretted about the financial sustainability of America's bedrock retirement income program. Now, Social Security's precarious fiscal state is an issue for the here and now. * How to fix it is set to be a defining political fight of the next several years, with millions of Americans' benefits and the fiscal future of the United States at stake. Why it matters: There is a tug-of-war between the benefits future retirees receive and the taxes that working-age people pay. Something has to give, and surprisingly soon. The big picture: The Social Security retirement fund is set to...

For millions of Americans relying on Social Security, small changes to the formula that calculates annual benefit increases can have an outsized impact. Social Security checks are a cornerstone of retirement income for over 50 million Americans, and Congress is now considering legislation that could reshape how those benefits adjust for inflation. It comes as Americans of all ages continue to navigate rising costs. In October, the Social Security Administration (SSA) announced that benefits would grow by 2.8 percent in 2026 through the annual cost-of-living adjustment (COLA). Yet for many retirees, even modest increases barely keep pace with the real...

For many young Americans, the 2008 financial crisis was more than a downturn; it was a defining life event. Families lost homes to predatory mortgages, jobs vanished overnight, and college graduates faced bleak opportunities. For organizers like Gabe Tobias, watching low-income immigrant families lose everything to adjustable-rate mortgages was transformative. The crisis convinced many that capitalism itself was stacked against working people, a belief that would later fuel their political activism, the Wall Street Journal reported… Polling shows that socialism resonates strongly with younger Americans. A YouGov survey this year found 62% of people aged 18 to 29 held a...

Just information. The SSA website has an announcement at the bottom of the page. lol

Over the last 20 years, the Social Security COLA has averaged 2.6%, according to The Senior Citizens League, a nonpartisan senior group.

Almost all Americans say they are planning to ignore a key piece of Social Security advice, which means they will miss out on higher monthly payments. Only 10 percent of those still working plan to wait until they are 70 before they start claiming benefits, according to findings from investment firm Schroders. Americans can begin claiming Social Security as early as 62, but doing so permanently reduces their monthly payments. To receive a full retirement benefit, workers must wait until their full retirement age, which stands at 67. However every year after full retirement age that Americans delay claiming Social...

Video at link.

(...) Kraus ran as a Democrat and declared he was running for president to dissolve the presidency. He proposed breaking the country up into four regions, "to break the control of the Deep State, British agents, Rhodes scholars, and the Jews," according to the Globe story. His campaign website was banjews.com, according to a short profile posted to the website of Temple University's Klein College of Media and Communication. (...) "They had just planted tomatoes," Calabrese recalled of the last time she saw them about eight years ago. "And then they were gone the next day." (...)

Transitioning Social Security: Lessons from the GI BillThe GI Bill provides a valuable example of how a large government benefit program can be restructured over time without breaking commitments to those already enrolled. When the GI Bill was updated, existing veterans retained their full benefits, while new recruits gradually began contributing toward their education benefits. This phased approach balanced fairness with fiscal responsibility.Why Change Social Security?Social Security, as it currently stands, faces significant financial challenges. With an aging population, longer life expectancies, and a shrinking ratio of workers to beneficiaries, the system’s trust fund is projected to be depleted within...

Ninety years ago, President Franklin Delano Roosevelt signed the Social Security Act, which created the program that now sends monthly benefit checks to millions of Americans, including retirees, disabled individuals and families. But by the time the program celebrates its centennial, benefits may not look the same as today’s Social Security payments. The reason: Social Security’s trust funds, which the program relies on to help pay benefits, are facing a looming shortfall. Starting in 2033 — two years before its 100th anniversary — the program may only be able to pay 77% of scheduled benefits for retirees, their families and...

The specter of Obama still lurks in Washington. It’s awful how lefties fear-monger about Social Security, but that doesn’t mean it’s not in trouble. It is. We all know it is. Just not how the left portrays it. It’s just groaning under its own weight and sooner or later, likely sooner, the Hill is going to have to tackle it. Being the pedantic, unoriginal cowards that they are, they’ll likely look to the past for how to do it. What’s back there? Obama. Obama showed them how they might do it. Let’s take a walk down memory lane. Your money,...

Gateway Pundit journalist and LindellTV White House Correspondent Cara Castronuova questioned President Trump on two major issues the corporate media refuses to confront — the Democrats’ ongoing misinformation campaign to terrify America’s seniors about their Social Security, and alarming allegations that D.C. police are “cooking the books” to conceal the true extent of violent crime in the nation’s capital. Thursday’s Oval Office event marked the 90th anniversary of the Social Security Act. President Trump used the occasion to highlight what he calls the largest tax cut for seniors in American history, pointing to his administration’s elimination of taxes on most...

On the 90th anniversary of the Social Security Act, President Donald J. Trump delivered a stirring proclamation in the Oval Office, promising to “Make Social Security Great Again.” Trump celebrated the passage of his signature legislation, the “One Big Beautiful Bill,” which includes a temporary senior tax deduction, effectively eliminating taxes on Social Security benefits for many recipients aged 65 and above from 2025 through 2028. As part of the administration’s push to “root out fraud, waste, and abuse,” Trump touted removing 275,000 illegal aliens from the Social Security system and clearing 12.4 million names listed as being over 120...

Social Security faces automatic benefit cuts in less than a decade due to the projected insolvency of its trust fund ... Americans' overall confidence in Social Security dropped from 43% in 2020 to 36% in 2025, the lowest level since it fell to 35% in 2010. Younger Americans Younger Americans are even less confident in the program. Only 25% of respondents between the ages of 18 and 49 were confident in Social Security's future, whereas 48% of those 50 and older expressed confidence. ... retirees are relying more on Social Security than they were two decades ago, with the share...

Social Security's retirement fund is set to run short in just seven years — which could end up slashing benefits for millions of Americans by thousands of dollars a year. According to latest projections, retirees could face automatic 24 percent benefit cuts as early as the end of 2032. Social Security relies on its trust fund to provide monthly benefit checks to around 70 million Americans. Once the reserves are exhausted, federal law requires that benefits be cut to match incoming revenues

A defense contractor and top campaign contributor to House Appropriations Committee chairman Rep. Hal Rogers (R-KY) is in the running to get a contract to print millions of IDs and other government documents associated with the president’s planned executive amnesty, Breitbart News has learned exclusively. The contractor, General Dynamics, is on the list of “interested vendors” for a draft solicitation that U.S. Citizenship and Immigration Services (USCIS), an agency of the Department of Homeland Security (DHS), sent out to vendors in October. If the president goes through with an executive amnesty for millions of illegal aliens and General Dynamics gets...

The Big Beautiful Bill is making waves, and it's bringing some important changes for retirees—especially when it comes to tax deductions. In this video, I'll break down exactly how this new legislation affects retirement savings, tax breaks, and the financial future of retirees by drawing out the various deductions in context with your income. If you're wondering how the Big Beautiful Bill could impact your taxes, pension plans, or deductions, this video is for you! How the New Tax Law Will Actually Affect Your Tax Bill ($6,000 Senior Deductions, Roth, IRA) | 17:31 The Retirement Nerds | 198K subscribers |...

**SNIP** A study released this week by GOBankingRates calculated the amount of money that a "comfortable" retirement would require without income from Social Security factored in and the associated yearly expenses a retiree would face in each U.S. state. **SNIP** Alabama ($70,492 cost of living per year): $1,409,839 Alaska ($110,457 cost of living per year): $2,209,137 Arizona ($100,281 cost of living per year): $2,005,627 Arkansas ($67,502 cost of living per year): $1,350,045 California ($155,117 cost of living per year): $3,102,333 Colorado ($114,744 cost of living per year): $2,294,882 Connecticut ($105,428 cost of living per year): $2,108,563 Delaware ($94,392 cost of...

The recent analysis by the Committee for a Responsible Federal Budget regarding the 2025 Medicare Trustees’ Report highlights the looming challenges with Medicare and Social Security, but it only scratches the surface of the deeper fiscal issues our country faces. To understand the full financial reality, we must go beyond trust fund “solvency” and examine the actual commitments the federal government has made—and continues to make—without fully accounting for them. As the Congressional Budget Office has noted: “In the public debate, ‘solvency’ means keeping the trust funds from exhausting their balances and ensuring the ability of the funds to finance...

Just received this email from SocSec - This is NOT posted on the SocSec website - "BBB provides an enhanced deduction for taxpayers aged 65 and older..."