Surbhi Rajpoot

Social Security Changes Under The Trump Administration - US Budget Watch 2024

Social Security Changes Under The Trump Administration – US Budget Watch 2024

The Social Security trust funds will be insolvent by Fiscal Year (FY) 2034, according to projections by the Congressional Budget Office (CBO), at which point the law calls for a 23 percent cut in benefits.1 Restoring solvency over the next 75 years would require the equivalent of reducing all future benefits by 24 percent or […]

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Social Security Check Cuts Are A Reality - The Date Is Already Set And This Is The Emergency Solution For Retirees

Social Security Check Cuts Are A Reality – The Date Is Already Set And This Is The Emergency Solution For Retirees

The social security system is a problem for the future, and even though this is not new, or the fact that it has occurred before, this seems to be the first time that nobody appears to have the foggiest idea of how to solve it. The country is very polarised, and for any solution that

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Good News For Millions Of US Workers - New Social Security Benefits Law Approved - Here’s How It Will Affect You

Good News For Millions Of US Workers – New Social Security Benefits Law Approved – Here’s How It Will Affect You

A new bill has been passed by the House of Representatives that would give larger Social Security payments to public workers who once had limited rights to the amount they would be given in benefits. The bill under discussion is House Resolution 82, or the Social Security Fairness Act, the resolution was passed with a

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$243.90 Australia Cost Of Living Concession In November 2024

$243.90 Australia Cost Of Living Concession In November 2024

$243.90 Australia Cost of Living Concession: With inflation stretching the households’ budgets across the country, most AU families look for extra income to cover their cost of living. The Cost of Living Concession (COLC), as one of the schemes, is being provided by the South Australian Government to assist low-income earners, pensioners, and holders of

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$15,500 Direct Payment for This Data Breach Settlement

$ 15,500 Direct Payment For This Data Breach Settlement

Cybersecurity incidents remain a daunting issue for Americans, given that they feel their information is not secure in any firm. The last one to make the news involves the company known as UnitedLex, which, in March of the year 2023, experienced a digital breach that saw the company lose all its customers’ data. UnitedLex is

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$300 Cut In Social Security Benefits – Date Already Confirmed And Could Come Sooner Than Expected

$300 Cut In Social Security Benefits – Date Already Confirmed And Could Come Sooner Than Expected

WASHINGTON (AP) — The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday. Still, officials warn that policy changes are needed lest the programs become unable to pay full benefits to

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Social Security Benefit Increase Could Be Announced This Week – How It Will Affect Retirees

Social Security Benefit Increase Could Be Announced This Week – How It Will Affect Retirees

Social Security is set to announce a 2.5% benefit increase for 2025, impacting over 72 million Americans. This adjustment will raise average monthly benefits by about $50, starting in January. Although smaller than previous years’ increases, it aims to help retirees cope with ongoing inflation, which remains a concern despite recent cooling trends. What Is

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Retirement Is Going To Change Completely In 2025 In The US – You Must Make This Decision If You Are Over 62

Retirement Is Going To Change Completely In 2025 In The US – You Must Make This Decision If You Are Over 62

If you are retiring at the end of 2024, you may have already completed and submitted your retirement applications and have begun counting down the days until your life after retirement begins. Completing the applications for retirement includes making some very important and sometimes irrevocable decisions. Here are the retirement decisions that require careful consideration

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$1,976 Social Security Check Confirmed Starting in January 2025 – Many Retirees Will Receive Less for This Reason

$1,976 Social Security Check Confirmed Starting in January 2025 – Many Retirees Will Receive Less for This Reason

Social Security and Supplemental Security Income (SSI) benefits for more than 72.5 million Americans will increase 2.5 percent in 2025. The 2.5 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 68 million Social Security beneficiaries in January 2025. Increased payments to nearly 7.5 million SSI recipients will begin on December 31, 2024.

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