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Changes are in store for millions of current and future Social Security recipients. Starting April 1, all new Social Security applicants, as well as current beneficiaries wanting to make changes ...
American seniors who have received Social Security overpayments may be in for a nasty surprise after the Trump administration announced the reversal of a Biden-era policy. Specifically ...
The Social Security Administration recently made a slew of changes to reduce costs and improve customer service. President Trump has proposed exempting tips, overtime, and Social Security from ...
WASHINGTON – The Social Security Administration has stalled plans to implement new procedures for identification verification that sparked a flurry of concerns and outrage. Under the proposed ...
A new Social Security Administration rule would eliminate most phone services when applying for benefits or changing banks. Starting March 31, people would have to first verify their identity ...
The in-person requirement was slated to go into effect on April 14, and applied to Social Security recipients unable to prove their identities online. But now, the SSA is changing that policy ...
Starting March 31, people who are applying for Social Security cash benefits or changing their direct deposit information must verify their identity in-person if they are unable to do it online.
Social Security is primarily funded by taxes: Payroll taxes account for 91% of revenue, and taxes collected on benefits account for 4%. So any changes to tax law could indirectly hurt the ...
In June 2024, President Donald Trump told supporters at a campaign rally, "As president, I will not cut one penny from Social Security or Medicare." He made a virtually identical statement in July ...
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