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As the Republican budget bill, called the One Big Beautiful Bill Act, nears the July 4 deadline set by the White House, ...
Commenting on the latest developments, Helen Miller, Deputy Director (and incoming Director) of IFS, said: ...
The government’s original reform was set to save £5.5 billion in the short run (by 2029–30) and double that in the long run ...
US President Donald Trump has pushed again for Israel and Hamas to agree to a ceasefire over the 20-month war in Gaza, as the ...
Downing Street insiders said talks were taking place with Labour MPs ahead of a crunch Commons vote on Tuesday ...
The DWP has since said the Universal Credit and Personal Independence Payment Bill will provide 13-weeks of additional ...
Social Security spousal benefits aren’t just for people who are still married. If you’re divorced from your ex but were married for at least 10 years, you may be eligible for spousal benefits.
Benton predicts that changes to how Social Security benefits are taxed could be on the horizon, particularly for higher-income retirees. The Concord Coalition reported that up to 85% of benefits ...
The Social Security Administration's 2025 annual report found that the program will likely be able to pay 100% of the current benefits through 2034, a year sooner than projected last year.
That puts the Social Security Old-Age and Survivors Insurance Trust Fund, which pays retiree and survivor benefits, on schedule to be depleted in 2033, or when today’s 59-year-olds turn 67.
More older Americans are claiming their Social Security benefits earlier, a potentially alarming trend that could significantly reduce the income many rely on in their golden years.
While Social Security does face long-term financial challenges, the system isn’t going away, and future policy uncertainty isn’t a good reason to claim benefits early today, Blahous said.