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P resident Donald Trump’s firing of the commissioner of labor statistics, Erika McEntarfer, on Friday raises serious risks ...
The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.
Senate Minority Leader Chuck Schumer was joined by local officials to announce a new bill aimed at protecting Social Security jobs.
Although Mr. Trump has vowed not to touch Social Security, his administration is has cut the agency's staffing to 50,000 workers, down from its current level of about 57,000 workers.
Also, not all jobs are eligible for Social Security benefits. Examples of these ineligible jobs include federal government workers hired before 1987 who are part of the Civil Service Retirement ...
You can earn up to $23,400 for the year, or $1,950 per month, with no impact to your benefits. Beyond that, $1 of your Social Security benefits can be withheld for every $2 in earnings.
And although Social Security payments are called "entitlements," Armstrong notes that they are earned. "We all paid into those things. In my case, 42 years now," he says.
Instead, Social Security beneficiaries would see a cut of between 19% to 23% to their benefits, the report said. The current average Social Security benefit for a retiree stands at $1,976, which ...
The DOGE-driven reductions at SSA "is threatening customer service for all the retirees, survivors and people with disabilities," Kathleen Romig said.
In 2025, the government will withhold $1 in Social Security benefits for every $2 you earn above $23,400. Those who will reach their full retirement age in 2025 can earn up to $62,160 before the ...
Here's when to expect your Social Security payments to come through for the month of July 2025. Plus, everything to know about eligibility and Supplemental Security Income.