social security, SSI payment and 2018-2019 shutdown
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Social Security benefits are a critical source of income for many people. Unfortunately, some of the individuals who are reliant on benefits may soon find themselves facing one of the biggest benefit cuts in history.
Social Security benefits will see a modest cost-of-living adjustment in 2026, but experts say seniors may still struggle financially.
Social Security payments for the month of November follow a normal schedule. A 2.8% cost-of-living increase (COLA) takes affect in January 2026.
The maximum taxable earnings are the amounts of income subject to Social Security payroll taxes in a given year. In 2025, it's $176,100. This will rise to $184,500 in 2026. This is often the step that bars people from taking home the max benefit. The average person simply doesn't make enough to do this.
Senate Aging Committee Ranking Member Kirsten Gillibrand, D-NY, and Senate Finance Committee Ranking Member Ron Wyden, D-OR, are demanding answers about how Trump administration cuts and reorganizatio
Increases in longevity, decreases in fertility and fewer immigrants coming to the U.S. are contributing to the insolvency problem.
The maximum Social Security benefit is significantly higher than the average benefit. Most people don't max out their Social Security checks, and it will get harder to do so in 2026. You'll need to earn more money to get the maximum benefit in 2026.
A recently released agreement gives the Department of Homeland Security access to hundreds of millions of Americans’ Social Security data. It contains alarmingly few provisions to ensure accuracy and privacy,