Public opinion divides on Social Security changes as 2032 bankruptcy approaches

Older adults receive a new tax deduction of up to $6,000 for the 2025 tax filing period.

Concerns Over Social Security Reform as Insolvency Looms New estimates indicate that Social Security may face insolvency by 2032, which could lead to automatic benefit cuts. Opinions among Americans on how to reform this entitlement program are quite divided, according to a recent poll. The recently published Reagan National Economic Survey, which FOX Business reviewed, […]

Jim Wright and his wife discuss their 2017 accident in a video about border security.

Jim Wright and his wife discuss their 2017 accident in a video about border security.

Jim Wright and Sherry Share Their Story of Resilience Texas Railroad Commissioner Jim Wright describes his wife, Sherry, as more than just a partner; he considers her his best friend. In a newly released video from American Border Story, he mentioned, “We’ve never been apart. We’re better together than apart.” This marks the couple’s first […]

Rubio Heads Security Meeting in India to Discuss Strategies Against China

Rubio Heads Security Meeting in India to Discuss Strategies Against China

Quad Meeting in New Delhi Addresses Security and Energy Initiatives On Tuesday, foreign ministers from the Quadrilateral Security Dialogue, often referred to as the “Quad,” met with Secretary of State Marco Rubio in New Delhi, India. Their focus was on unveiling new initiatives for security and energy in the Indo-Pacific to address China’s expanding influence. […]

When will I receive my Social Security payment? May schedule.

When will I receive my Social Security payment? May schedule.

Social Security payments are usually made on the second, third, and fourth Wednesdays of each month, though there are some exceptions to be aware of. Here’s what you should know about the payments for this month. Who is eligible for Social Security payments? To qualify for Social Security retirement benefits, you need to be at […]

Who will receive Social Security payments on May 27

Who will receive Social Security payments on May 27

May 25, 2026, 5:00 PM ET This week marks the third and final distribution of May Social Security payments, following the usual timetable. Typically, Social Security benefits—mainly for seniors and retirees—are disbursed on Wednesdays. However, a potential shortfall looms on the horizon, with projections indicating that by 2032, retirees could see their monthly payouts reduced […]

New Estimates for Social Security COLA in 2027 Reveal Next Year’s Increase May Be the 4th Largest in 36 Years

New Estimates for Social Security COLA in 2027 Reveal Next Year's Increase May Be the 4th Largest in 36 Years

Social Security’s Historic Year and 2027 COLA Insights Last year was significant for Social Security, marking the 90th anniversary of its establishment. For the first time, retired workers saw average monthly benefits exceed $2,000. Additionally, there were Social Security cost-of-living adjustments (COLAs) of 2.5% or more for five straight years—something we hadn’t seen in three […]

Update on 2027 Social Security COLA Forecast: Good and Bad News for Retirees

Update on 2027 Social Security COLA Forecast: Good and Bad News for Retirees

Inflation’s Impact on Social Security Benefits Recently, inflation hit a three-year high, which means that Social Security benefits are, unfortunately, losing their purchasing power faster than they have in quite some time. It’s only natural that this has many beneficiaries worried. A survey from the Employee Benefit Research Institute conducted in 2026 revealed that just […]

The 2027 Social Security Cost-of-Living Adjustment (COLA) is still 7 months away. Here’s what to consider if you’re facing difficulties right now.

The 2027 Social Security Cost-of-Living Adjustment (COLA) is still 7 months away. Here’s what to consider if you’re facing difficulties right now.

Seniors and Social Security Adjustments Seniors saw a 2.8% boost in their Social Security benefits, effective January, although it hasn’t fully met expectations. By April 2026, the average monthly retirement benefit settles at around $2,081. There’s hope that the COLA might increase further in 2027, and some believe their hopes might actually pan out. Still, […]