Federal Judge Blocks DOGE from Obtaining Social Security Data
The restraining order was issued days before a nomination hearing for Frank Bisignano, Trump’s nominee for commissioner of the Social...
Tag: Social Security
Benefits |
Social Security Administration to Require Strict In-Person, or Online Identity Checks
Starting March 31, Americans must visit a field office or use the internet to sign up for Social Security benefits,...
Social Security Administration Announces Plans to Downsize Staff
The agency plans to reduce its staff to 50,000 employees, in accordance with President Donald Trump’s executive orders to slash...
Expedited Payments From Social Security Fairness Act Coming Soon
Starting this week, the Social Security Administration is making retroactive payments because of changes to the WEP and GPO, with...
Retiree Advocacy Group, Public Employee Unions Sue Treasury due to ‘Illegal DOGE Data Access’
The Alliance for Retired Americans and two union groups accused Secretary of the Treasury Scott Bessent of violating the privacy...
Benefits |
Social Security Fairness Act Likely Faces Delays
More than 7,000 people per day are trying to speak with Social Security Administration personnel about changes, with new information...
Benefits |
DC Plans, Social Security Help Strengthen Retirement Security Net, per EBRI Forum
EBRI's Craig Copeland says, particularly for younger workers with long tenures in the DC system, Social Security and retirement plans...
Trump Names Fiserv CEO as His Social Security Administration Commissioner
Selection of Frank Bisignano suggests a focus on operational efficiency and administration over sweeping policy reforms.
Another Trump Term May Change Tax Treatment of Retirement Plans
From ESG investing in 401(k) plans to the solvency of Social Security, industry experts say the outcome of the election...
Benefits |
Social Security COLA Increase to Add About $50 per Month in 2025
The 2.5% increase was anticipated by industry watchers amid lower inflation.
Benefits |
Social Security COLA for 2025 Projected at 2.5%
This projection for next year’s cost-of-living adjustment comes as the Consumer Price Index rose 2.5% over the last year, according...
Social Security Administration Allows More Electronic Signatures
The moves are part of a larger effort to streamline services.
IRS Forms Public-Private Committee to Combat Tax Fraud
The new coalition, an offshoot of the IRS’s Security Summit group, will work to reduce tax scams during the 2025...
Inspector General’s Office Warns About Social Security Administration Scammers
People at or near retirement age are being targeted in hybrid scams involving imposter Social Security Administration employees.
Benefits |
Americans Are United in Support for Social Security
Voters agree that federal funding for Social Security needs to be addressed, but it is unclear if politicians will listen...
Plan Participants Expect to Work Past Age 65
For plan sponsors, retaining older workers will require greater attention to plan designs that support workers at older ages.
CPI-E More Generous, But Less Accurate, Congressional Research Service Says
A new report explains that the consumer price index for the elderly would need to be revamped before it could...
Benefits |
EBSA Offers Retirement Planning Resources
The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work...
Financial Wellness Gap Between Men, Women Continues to Widen
While overall employee financial wellness showed improvement this year, the wellness and retirement confidence gap between men and women remains...
PGIM and TIAA Rethink 4% Withdrawal Rule, Finding Retirees Can Spend More
For defined contribution plan participants, new research from PGIM and TIAA offers a fresh perspective on the usefulness of a...