SELECT LANGUAGE BELOW

The Typical Social Security Payment for Age 67

The Typical Social Security Payment for Age 67

As individuals near retirement, Social Security becomes a critical consideration. People contribute to this program through taxes over many years, expecting to retire with adequate savings and benefits designed to ease their transition into retirement. Yet, Social Security represents different things to different individuals. For those with substantial savings, it might not be a primary […]

Social Security COLA 2026: Retirees in 10 states will see the largest increases next year

Social Security COLA 2026: Retirees in 10 states will see the largest increases next year

Trump Administration Seeks Labor Stats Employees Amid Shutdown The Trump administration is addressing data delays caused by the government shutdown by recalling employees from the Bureau of Labor Statistics. These employees will work on the Consumer Price Index report, which is crucial for establishing the 2026 cost of living adjustment (COLA) for Social Security recipients. […]

Michigan to suspend taxes on tips, overtime, and Social Security for three years

Michigan to suspend taxes on tips, overtime, and Social Security for three years

Michigan will eliminate the 4.25% income tax on earnings from tips, overtime, and Social Security, thanks to a new law signed by Governor Gretchen Whitmer. This exemption is set to last until the end of 2028, unless further legislative action is taken. The tax reductions were part of a bipartisan agreement aimed at boosting the […]

Social Security COLA 2026: The 10 states receiving the biggest increases.

Social Security COLA 2026: The 10 states receiving the biggest increases.

Nearly 74 million Americans depend on Social Security benefits, making it crucial to understand how the Social Security Administration (SSA) decides on cost-of-living adjustments (COLAs) for the upcoming year. This knowledge helps beneficiaries plan and budget effectively. According to the SSA, the COLA is based on the Consumer Price Index for Urban Wage and Office […]

New York City takes legal action against social media companies regarding the effects on young people’s mental health.

New York City takes legal action against social media companies regarding the effects on young people's mental health.

On Wednesday, New York City initiated a lawsuit against several prominent social media platforms, such as Facebook, Instagram, TikTok, and YouTube, claiming they are exacerbating a youth mental health crisis. The city, along with its public schools and healthcare systems, contends that these companies have prioritized increasing youth engagement at the detriment of young people’s […]

2026 Social Security COLA: Potential Impact of Federal Government Shutdown on Announcement

2026 Social Security COLA: Potential Impact of Federal Government Shutdown on Announcement

2026 Social Security Cost of Living Adjustment Predictions An official announcement regarding the Social Security cost of living adjustment (COLA) for 2026 is anticipated this October, although a federal government shutdown might delay this news. Experts suggest millions of Social Security beneficiaries could see an increase in their monthly checks next year. Based on the […]

City files lawsuit against social media companies for supposedly making children addicted.

City files lawsuit against social media companies for supposedly making children addicted.

New York City Sues Major Social Media Platforms Over Mental Health Crisis New York City has initiated a lawsuit claiming that platforms like Facebook, Google, Snapchat, TikTok, and others are contributing to a mental health crisis among children by creating addictive social media environments. A lengthy 327-page complaint was filed in a federal court in […]