A new report reveals that the Social Security trust fund may be depleted in eight years, risking a 23% cut in benefits for over 60 million Americans. Experts urge Congress to act now to prevent drastic reductions.
Starting Monday, applying for Social Security benefits over the phone will no longer be an option for millions of seniors, forcing them to either go online or visit a local office. This change raises significant concerns about accessibility for vulnerable populations.
In a tense confirmation hearing, Frank Bisignano faced scrutiny over proposed cuts to the Social Security Administration, raising fears of reduced services for millions. Will he be able to stabilize the agency amid ongoing controversies?
Tax season can be daunting for seniors, especially with Social Security benefits potentially taxed. Discover which states offer exemptions and how to navigate your tax obligations effectively.
