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SOCIAL SECURITY FUNDING SHORTFALL
- Social Security cuts could hit these 15 states hardest: How much could retirees in Connecticut, New Jersey, New Hampshire and other states lose each month?Social Security cuts: Social Security retirees in 15 states could face monthly benefit cuts exceeding $515, with Connecticut recording the ...
- Social Security could have lasted until 2059, so where did $10.8 trillion go? AARP reveals the income shift behind its 2034 funding crisisSocial Security's funding crisis may have arrived decades earlier because a smaller share of American income is subject to payroll taxes. A...
US starts fiscal 2027 with record $404 billion budget deficit: Why customs revenue fell 39% despite Trump's new tariffsUS budget deficit surged to a record $404 billion in October, up 42% from a year earlier, as government spending climbed to $773 billion an...
- Japan warns defence contractors of potential cuts to military orders amid fiscal constraints: ReportJapan is facing potential deep cuts to its military spending as fiscal constraints limit future investments. Finance ministry officials pro...
- Trump urges Senate leadership to "immediately" advance USD 350 billion defence funding billUS President Donald Trump has urged Senate leadership to immediately advance a $350 billion defence funding bill, calling it essential to s...
- What is Social Security's November 18 deadline? Millions can check their 2027 COLA-adjusted payments early - Here's howMillions of Americans receiving Social Security benefits are approaching an important deadline on November 18, 2026. Beneficiaries should c...
- Two major Social Security changes are coming in 2027: Retirees get a 3.6% raise, but some workers will pay $484 more in taxes — who will be affected?Social Security 2027 changes: Social Security checks will rise 3.6% in 2027. The average retired worker will get $2,170 a month, up $75 fro...
- US SEC seeks to close Elon Musk, Tesla settlement fundIn a filing in Manhattan federal court, the SEC asked a federal judge to close the Fair Fund, created after Musk settled the SEC case in 20...
- Social Security tax by state in 2026: Which 8 states tax retirement benefits, where can retirees keep more of their benefits, and how much could you owe the IRS?Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax...
- Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a yearSocial Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves...
- Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are detailsUS lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
- Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to r...
- Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 f...
- Paraguay President Santiago Pena resigns after bank takeover sparks protests, threatens millions of depositorsParaguayan President Santiago Pena announced his resignation after the central bank's takeover of Ueno Bank left three million depositors, ...
- Gig workers may get social security benefits through 2% transaction levy on businessesThe government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy...
- ETtech Explainer: Food delivery, ride-hailing firms differ on gig worker welfare levy calculationFood delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the value of transactions facilitated thro...
- Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checksThe Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If change...
- Who gets Social Security tomorrow, November 3? Is your payment COLA-adjusted, and how much will beneficiaries receive in November?Social Security payments begin November 3 for beneficiaries who started collecting before May 1997. Other recipients will receive benefits ...
- Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this yearMark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10...
- Social security projected benefit cuts 2032: Millions of Americans may miss out 22 per cent of total retirement income. Check SSA-CoLA calculationsSocial security projected benefit cuts 2032: At that time the fund's projected income will be sufficient to pay just 78 per cent of schedu...
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