News

First round of July Social Security payments goes out in three days
The first round of July’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, ...
Social Security's 2026 COLA Is Shaping Up to Be a No-Win Scenario for Retirees
There has been a clear trend in TSCL's Social Security COLA predictions. For four consecutive months, the projected increase ...
Social Security Administration to take back 50% of benefits for overpayments starting in July
If you overpaid and will have your benefits cut, you should have received a notice on April 25, 2025, stating that 50% of ...
My wife and I have $7,000 a month in pensions and Social Security, plus $140,000 cash. Can we afford to retire?
I am contemplating retiring at the end of the year. I'm married and will receive two monthly pension payments; $3,600 from military service and $1,500 from civil service. Our total projected monthly ...
First round of July Social Security payments goes out in four days
The first round of July’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, ...
Does the "big, beautiful bill" eliminate taxes on Social Security?
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...
Some Social Security recipients will start getting smaller checks this month: Here’s why
Bad news for some Social Security recipients. Starting this month, you might start to see smaller monthly checks. That’s ...
Social Security Garnishment Begins on July 24 for More Than 1,000,000 Beneficiaries -- Here's How You Can Legally Avoid It
President Trump has overseen a flurry of Social Security changes in his first five months in office. In less than three weeks ...
Some Americans will see their Social Security checks drop by 50%
Some Americans will see their Social Security checks drop by 50% after the Social Security Administration announced in April that it would start withholding payments from recipients who were overpaid ...
Some Americans could see a 50% reduction in their Social Security checks
In July, 50% of a person’s check will be withheld by the Social Security Administration if it issued an overpayment to them ...