In a landmark move, the Social Security Fairness Act was signed into law on January 5, 2025, restoring full Social Security benefits to over 3.2 million public sector employees, including teachers, firefighters, and police officers. This legislation eliminates the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—two rules that had significantly reduced or … Read more
Social Security beneficiaries may see a smaller cost-of-living adjustment (COLA) in 2026 compared to recent years. Early forecasts suggest that the 2026 COLA could be as low as 2.1% or 2.3%, a decline from the 2.5% adjustment in 2025. While Social Security increases are designed to keep up with inflation, a lower COLA may impact … Read more
Millions of Social Security recipients will see their monthly payments rise in 2025, thanks to a 2.5% cost-of-living adjustment (COLA). The increase, aimed at keeping benefits in line with inflation, will impact more than 72.5 million Social Security and Supplemental Security Income (SSI) beneficiaries. Why the COLA Increase Matters The Social Security Administration (SSA) calculates … Read more
In a move aimed at improving transparency and accessibility, the Social Security Administration (SSA) has announced enhancements to its Cost-of-Living Adjustment (COLA) notices for 2025. The initiative seeks to provide beneficiaries with clearer, more personalized information regarding their benefit increases, making it easier to understand how COLA affects their monthly payments. 2025 COLA Increase and … Read more
Millions of Americans rely on Social Security Disability Insurance (SSDI) as a crucial financial resource. In February 2025, some SSDI recipients will receive a payment of $1,580, but not everyone qualifies. The Social Security Administration (SSA) has clarified that only two specific groups will receive this amount, based on their birth dates and payment schedule. … Read more
In a major shake-up within the Social Security Administration (SSA), Acting Commissioner Michelle King has resigned following a contentious dispute with the Department of Government Efficiency (DOGE). The White House has swiftly appointed Leland Dudek as her successor, signaling a shift in leadership at one of the country’s most critical federal agencies. The Dispute: Privacy … Read more
Concerns about potential Social Security benefit reductions have been growing, leaving millions of Americans wondering how they can safeguard their financial future. If no legislative action is taken, reports suggest that the Social Security Administration (SSA) may only be able to pay around 75% of scheduled benefits by 2035 due to a depletion of trust … Read more
The future of Social Security is uncertain, and concerns about potential benefit cuts are growing. According to recent projections, if Congress does not take action, the program’s trust funds could be depleted by 2033. This could lead to a 23% reduction in benefits for millions of retirees. While the government continues to debate potential solutions, … Read more
Washington, D.C. — Michelle King, the acting commissioner of the Social Security Administration (SSA), has resigned following a dispute over data access with the Department of Government Efficiency (DOGE), a controversial initiative spearheaded by Elon Musk and backed by the Trump administration. The Resignation and Its Implications King’s departure marks a significant shake-up in the … Read more
In a dramatic turn of events, the acting commissioner of the Social Security Administration (SSA), Michelle King, has resigned following a dispute with the Elon Musk-led Department of Government Efficiency (DOGE). The resignation highlights mounting tensions between federal agencies and Musk’s newly established government department over data access and privacy concerns. What Led to the … Read more