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The Social Security Administration's press office provided comments after the initial publication of this story, stating that "state and local government employers are required to disclose ...
But the new law also comes with bad news for beneficiaries. The Social Security trust fund that pays benefits to retired workers, spouses, and survivors was already on pace to be depleted by 2033 ...
A shock repayment notice doesn’t have to end in your financial ruin.
The bill could also jeopardize the Social Security fund overall, critics say. Sen. Thom Tillis, R-N.C., said the Social Security trust fund is less than 10 years away from being insolvent, and ...
Technically, the Social Security Administration first applied the 2.5% cost-of-living adjustment (COLA) to the December 2024 benefit. 5 2025 Social Security Rules That Take Effect Today Skip to ...
The result is that Social Security is “increasingly losing its purpose as old-age insurance” and “older Americans are taking far more out of the system” than they paid in.
The state already suspended its popular leave buy-back program as part of an “expenditure freeze” to cut costs. Newsom proposes cutting California state employee telework stipends due to ...
This is good news for California’s Social Security benefit recipients, because the state’s income tax rates are among nation’s highest, ranging from 1% to 12.3%.