Payroll June 20, 2025
Outlook Darkens for Social Security, Medicare Solvency
Both funds could be unable to cover obligations less than a decade from now, according to annual reports released June 18 by the programs’ trustees.
Payroll June 18, 2025
How Much it Costs to Retire Comfortably in Every State … Without a Social Security Safety Net
Social Security is the primary source of income for millions of people. But what if Social Security wasn’t an option? How much would you need to cover the cost of living in retirement?
Payroll June 3, 2025
Trump Administration Backs Off on Garnishing Social Security Payments for Student Loan Debt
The Education Department has paused a plan to garnish Social Security payments for beneficiaries who are in default on their student loans, just as the first round of June payments were to hit bank accounts.
Payroll May 20, 2025
Social Security COLA Now Projected to Increase 2.4% in 2026
Social Security beneficiaries are expected to receive the lowest cost-of-living-adjustment since 2021, according to the latest forecast from the Senior Citizens League.
Taxes May 19, 2025
Trump Wanted to End Social Security Taxation, But House Republicans Have Other Ideas
House Republicans have included a proposal in their tax bill to provide a $4,000 federal income tax deduction for lower- and middle-income seniors 65 and over.
Payroll May 19, 2025
Some Social Security Recipients Face 15% Cut to Benefits Starting in June
Social Security recipients who have fallen behind on student loan payments face having their benefits slashed as soon as next month.
Payroll May 13, 2025
How ‘Unretiring’ to Go Back to Work Can Affect Your Social Security Benefits
Does heading back to work mean giving up Social Security benefits? The answer depends on how old a person is and what their current benefits are. Here are four key things “unretirees” should consider before switching back to being a worker.
Payroll May 5, 2025
Trump Asks Supreme Court for DOGE Access to Social Security Data
The Trump administration is challenging a federal trial judge’s order blocking DOGE from having full access to personally identifiable information in the Social Security Administration database.
Payroll April 28, 2025
Trump Says He Would Veto Cuts to Medicaid, Social Security
In an interview with TIME magazine published on April 25, President Donald Trump said he would not sign legislation that calls for cuts to Social Security or federal health coverage for older and low-income Americans.
Payroll April 14, 2025
Latest Prediction Shows Social Security COLA to Increase 2.3% Next Year
The non-partisan The Senior Citizens League predicts the 2026 cost of living adjustment will be 2.3%, 0.1 percentage points higher than last month’s forecast but 0.2 percentage points lower than the last increase of 2.5%.
Taxes March 31, 2025
Trump Orders Treasury and IRS to Eliminate Paper Checks
President Donald Trump signed an executive order last week that authorizes the federal government to begin phasing out the use of paper checks and switch exclusively to electronic payments this fall, with some limited exceptions.
Payroll March 28, 2025
Judge Delays DOGE’s ‘Are You Alive’ Push for Americans’ Social Security Data
A federal judge in Maryland admonished the Trump administration for trying to rush her into lifting restrictions on an Elon Musk team seeking access to the private Social Security Administration information of millions of Americans.