Social Security, Student loan
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Trump's plan to eliminate Social Security taxes
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Social Security faces a growing backlog of retirement claims that agency officials hope their remaining workers can clear with a little encouragement.
Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.
Since income earned above the wage base limit is not subject to Social Security payroll taxes, it's also not considered when calculating monthly benefits. To be eligible for the maximum benefit, you must earn at least the wage base limit for 35 years, which is the period of time Social Security will consider when calculating your monthly benefit.
Spurred by Elon Musk’s Department of Government Efficiency, the Social Security Administration is combing through its databases to check whether beneficiaries are alive or dead. It has already added dates of death to millions of people’s records,
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In the month of May, traditional Social Security recipients will get their benefit payments a few days later than usual. You can blame the calendar.
Social Security’s cost-of-living adjustment for 2026 is expected to be below this year’s level, which would make it the lowest since 2021 and put pressure on older adults’ budgets as U.S. consumer prices rose modestly last month.
Social Security commissioner Frank Bisignano told Fox News on Sunday that eliminating waste, fraud and abuse and saving the agency from insolvency are key priorities.
Depending on your birthdate, traditional Social Security recipients will begin getting paid on May 14 this month, a bit later than usual.