Social Security
The Highest Social Security Benefit You Can Receive in 2026
Social Security benefits are calculated using your 35 highest-earning years. To receive the maximum possible benefit, you must reach the maximum taxable earnings in each of those years, something most workers do not achieve. For 2025, the maximum taxable earnings…
More Seniors Are Continuing to Work After Receiving Their Social Security Benefits
As the average life expectancy increases and the cost of living continues to rise, the workforce is aging. According to the article by the Asian Journal Newsroom, research shows that approximately 40% of Seniors are continuing to work after starting…
Social Security and Federal Debt: An Ongoing Debate
Pew Research Center recently observed1 that the U.S. federal debt is a growing concern among the American public, with now more than half of the sampled population considering it a top priority. At this writing, the “debt clock” shows our…
Demystifying When to Claim Social Security Retirement Benefits
Claiming Window is 8 Years Long Perched high on our list of Frequently Asked Questions is this: “When should I claim my Social Security retirement benefits?” That’s not surprising, since there is an 8 year window, starting at age 62…
The Office of Inspector General’s latest report
The Social Security Administration Office of the Inspector General (OIG) is responsible for protecting taxpayer dollars. Their statutory mission is to prevent and detect fraud, waste, and abuse, and to strengthen the Social Security programs and operations. They do this…
The Social Security Child Protection Act
The Social Security Child Protection Act (H.R. 5348) was passed by the House on Monday and now heads to the Senate for consideration. This bill directs the Social Security Administration to issue a new Social Security number to a child…
The Claiming Age Clarity Act
The Claiming Age Clarity Act (H.R. 5284) passed the House on Monday and was sent to the Senate for consideration. The bill aims to simplify Social Security terminology to help retirees better understand their benefits and make informed claiming decisions.…
Requirements for Social Security eligibility changing in 2026
The new year begins in less than a month, and so are changes to many programs, including Social Security. One change is that the cost-of-living adjustment (COLA) of 2.8 percent will be received in January; however, so will the new…
The contribution limits are increasing
Social Security is a federal government program funded through payroll taxes that provides a basic level of retirement income. However, Social Security is only designed to replace about 40 percent of your pre-retirement income, not all of it. Over 70…
Living on Social Security
The Social Security program was created to provide a financial foundation for lower-income workers who had worked hard throughout their lives but would otherwise not be able to take care of themselves financially during retirement. However, Social Security was never…