Snippet of Article: "...The answer now lies in the U.S. Senate. On Tuesday, the Social Security Fairness Act (H.R. 82), which would repeal both the WEP and GPO that reduce or even eliminate Social Security benefits for millions of workers..."
Source: www.texasaft.orgTitle: I’m a Retiree: 5 Reasons I Believe Voting for Trump Is What’s Best for Social Security
Article Snip: "...According to Drew, Trump comes across as the more credible candidate because she believes he follows through on his promises. “I personally trust Trump because he does what he says he will do; he will stop the taxation of Social Security..."
Reference: finance.yahoo.comTitle: Donald Trump calls for elimination of tax on Social Security
Article Snip: "...Former President Donald Trump on Wednesday called for scrapping the tax that seniors must pay on their Social Security checks.
“SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” the 45th president straightforwardly wrote on Truth Social. ...
Generally speaking, there is a tax of up to 50% tax on one’s Social Security benefits if total income is between 25,000 and $34,000 – and up to an 85% tax on benefits when income is over $34,000, according to the Social Security Administration.
Trump, 78, made waves in his own party earlier this year with his vow to eliminate taxation on tips.
The Republican Party’s platform, which was approved earlier this month and personally written in part by Trump, rules out cuts to Social Security and Medicare, including any potential lifting of the retirement age. ..."
Title: Social Security’s Office of the Inspector General Releases Scam Report to Congress
Article Snip: "...Social Security’s Office of the Inspector General (OIG) recently released its quarterly Scam Report to Congress. The report provides information about scam trends in the second quarter of Fiscal Year 2024 (January 1 — March 31, 2024). “As public servants, we must use every tool at our disposal to raise awareness and protect the American ... To learn how to protect yourself and your loved ones, visit our Protect Yourself from Scams page. If you receive a suspicious call, text, email, social media message, or letter from someone claiming to be from Social Security: ..."
Reference: ssa.govArticle Snip: "I can admit that there was a time when I thought it was possible for a person to retire comfortably on Social Security without any other source of funds. ...But relying on Social Security alone to cover your budget in retirement is a horribly bad mistake. And I'm grateful that I learned that years ago so I could switch gears on my long-term financial planning. My new game plan Even though I've only been writing about Social Security for about 10 years now..."
Reference: www.aol.comTitle: I paid my 40 quarters, why is my social security benefit reduced?
Article Snip: "...While your annuity cannot be reduced, any Social Security benefit you are entitled to will be affected by the Windfall Elimination Provision. The WEP reduces that benefit if you have fewer than 30 years of substantial earnings under Social Security. For a full explanation of the WEP and how it will affect you, go to https://www.ssa.gov/pubs/EN-05-10045.pdf . ..."
Reference: www.federaltimes.comArticle Snip: "...The Social Security Administration (SSA) has set up a process whereby noncitizens can apply for a Social Security number as part of the immigration process. Typically, immigrants will simultaneously apply for both a Social Security number and work authorization...what qualifies a person for Social Security benefits, and how non-citizens and immigrants can oftentimes participate. ...Immigrants who have work permits — or those who acquire lawful permanent resident status — can qualify for Social Security benefits in the same manner as U.S. citizens. ...important note for immigrants is that if you have worked in a country that the U.S. has a “totalization agreement” with, you may be able to use your foreign work credits to help qualify for U.S. Social Security."
Reference: yahoo.comTitle: Biden's 2020 Promised Lies for Social Security That Never Happened
Article Snip: "He would expand some benefits while not reducing any, reducing economic hardship. ...Biden would raise benefits for long-term low-wage workers, widow(er)s from dual earner-couples, caregivers, government workers, and long-term beneficiaries. My colleagues and I have long argued for increasing Social Security benefits for people..."
Reference: www.taxpolicycenter.orgArticle Snip: "...Many baby boomers across the country are now coming to terms with the hard reality that working for your entire adult life is no longer enough to guarantee you’ll have a roof over your head in your later years. ...the over-50 demographic represents half of the homeless single adults in the U.S. — with no sign of their numbers slowing, leaving baby boomers (those aged 57 to 75) particularly vulnerable. “Elderly homelessness has been rare within the contemporary homeless problem. We’ve always had very few people over 60 who’ve been homeless historically. ...older adults on fixed incomes are struggling to scrounge up what they need to cover basic necessities."
Reference: yahoo.comTitle: Another government shutdown looms: Would it impact Social Security, VA benefits?
Article Snip: "...We are again just days away from a possible government shutdown, which may leave you worried about how it could impact you. ..."
Reference: yahoo.comTitle: What will the maximum full-age Social Security retirement benefit be in 2024?
Article Snip: "...The SSA has published the maximum monthly benefit Social Security recipients can expect to receive if they choose to retire at their ‘full retirement age. ...a 3.2% increase in payments will see the average retiree receive $1,907 in 2024. ...The highest possible monthly payment for an American who retires at this point will be $..."
Reference: as.comTitle: Social Security Cuts: 4 Programs and Services for Boomers Struggling in Retirement
Article Snip: "...As baby boomers age into retirement, many find their financial outlook a little more uncertain than they had hoped. For several years, Congress has debated cuts to Social Security programs that could reduce or close certain services and benefits many boomers rely on. In this article, we’ll discuss potential cuts to Social Security and look at some programs and services that can provide much-needed assistance. With so much uncertainty about Social Security’s future, now is arguably an even more critical time than ever to become familiar with these proposed changes — and plan accordingly...."
Reference: www.gobankingrates.comTitle: On this day in history, August 14, 1935, Social Security is signed into law by FDR
Article Snip: "President Franklin D. Roosevelt signed the Social Security bill into law on this day in history, Aug. 14, 1935, creating a federal safety net for older, ..."
Reference: www.foxnews.comTitle: Lawmakers unveil plan to keep Americans from claiming Social Security too early
Article Snip: "...Social Security Administration (SSA) needs to do a better job at communication — including bringing back paper statements. “We believe that SSA should take more proactive measures to provide Americans with the tools and resources to determine how best to set themselves and their families up for financial security in retirement..."
Reference: www.aol.comArticle Snip: "...The numbers were either not issued by the U.S. government or "did not match the name and/or date of birth information provided … suggesting potential identity fraud.”..."
Reference: www.nbcnews.comTitle: How many years must you have worked to apply for Social Security benefits?
Article Snip: "...The Social Security Administration was established in 1935 to provide financial support for retired workers who contributed to the program through taxes on earned income. Additional programs have been added over the years to cover benefits for disability, survivors and those with limited financial means. While the standard amount of credits a worker must obtain to apply for retirement benefits is 40, each program has its own requirements. Here’s a look at how long you need to work in order to qualify for Social Security benefits. ..."
Reference: as.comTitle: House GOP Says 'Social Security And Medicare Cuts' Out Loud
Article Snip: "..."This agenda is yet another reminder of who Republicans work for: Their Wall Street and Big Pharma donors," said Lawson. House Republicans are rolling out their agenda just weeks ahead of November midterm elections that will decide control of Congress next year. Politico reported Thursday that several Republican Senate candidates have openly advocated privatization of Social Security and Medicare on the campaign trail in recent weeks. "The privatization is hugely important..."
Reference: crooksandliars.comThe Biden Administration is flooding the United States with unvetted illegals, inhumanely flooding cities, schools and other resources. Additionally, Biden is buying the votes of college loan debtors and now rail workers while negotiating secret deals. At the same time the Biden Admin is severely underestimating the rage of the retired and retiring blue collar workers on Social Security. With a huge, enraged voting block of 69.1 million people receiving benefits from programs administered by the Social Security Administration ( SSA ) in 2019, the Biden Admin will see this overlooked, huge populace make a statement thru voting in the midterms and 2024. Sadly, the military hating Biden admin has abandoned disabled veterans as well by not increasing Social Security pay and V.A. disability. Again, with a fairly sizeable voting block of Nearly 3.9 million veterans (19.5%) receiving disability compensation, this overlooked group will speak at the voting booth as well. It is truly sad that the United States, under the Biden Administration, military disabled veterans and social security pensioners dont mean anything to them since most are not in the workforce anymore. It's like the Biden Administration feels this large group of voters (and families) are meaningless after they have served their purpose. It is horrible and a huge humanitarian crisis to ignore our once hardworking and loyal workforce. The Biden Admin needs to start looking out for the best interest of Americans ...especially those trying to survive on Social Security. These groups need to stand together and make their voice clear thru voting.
Reference: The Federal Retirement NewsTitle: Biden scores deal on rail strike, but worker discontent emerges
Article Snip: "Union leaders had pushed for 15 days of paid sick leave, but the proposed deal landed on just one day. “It’s impossible right now to make heads or tails of what this agreement means, and it’s disgraceful how opaque is it,” said Ron Kaminkow, a locomotive engineer and member of the Brotherhood of Locomotive Engineers and Trainmen. White House, which had launched an all-out effort in recent days to prevent a shutdown that could have had significant economic and political ramifications in the run-up to the 2022 midterm elections. ..."
Reference: www.washingtonpost.comTitle: What is one of the best things i can do to prepare for retirement?
