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Retirement: As Social Security turns 90, Congress faces deadline

Social Security has a cash flow problem. For years, the agency has been paying out more benefits than it takes in via payroll taxes. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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Retirement

Thu Aug 14 2025

 

Social Security has a cash flow problem. For years, the agency has been paying out more benefits than it takes in via payroll taxes.

A person at a laptop.
 

Ready for Medicare? You may want to wait on Social Security.

Sitting tight a little longer could work to your benefit for Social Security.

Undated handout photo show counterfeit social security cards that were confiscated by Immigration and Customs Enforcement (ICE) agents during worksite investigations in San Diego, California. U.S. police arrested nine illegal immigrants working for a contractor at a California military base on April 19, 2007, in an operation underscoring a threat to national security from fake identity documents, authorities said. REUTERS/ICE/Handout   (UNITED STATES). EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS.
 

2026 Social Security COLA estimated at 2.7%. Why seniors still fall behind.

Social Security's 2026 cost-of-living adjustment is estimated at 2.7%, but seniors are still behind as prices of what they use most rise even faster.

Some Social Security benefit payments feel as if they may be coming late in May. That's because Wednesdays land later in the month than typical.
 

Here's who gets Social Security payments this week

The first Social Security payment for the month of August is set to be sent to recipients this week. Here's what recipients need to know.

FILE PHOTO: U.S. President Donald Trump holds up his signed signature bill of tax breaks and spending cuts, ahead of the Fourth of July celebrations, at the White House in Washington, Friday, July 4, 2025. Alex Brandon/Pool via REUTERS  TPX IMAGES OF THE DAY/File Photo
 

Trump tax bill opens health savings accounts to millions of Americans

Health savings accounts, one of financial advisers' favorite savings vehicles, gets even better under the 'One Big Beautiful Bill." Here's how.

 

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