Social Security
17 stories related to this topic, newest first.
Banks Require Documentation to Protect Social Security Funds From Garnishment
Federal rules shield most Social Security benefits from private creditors, yet banks must identify protected deposits after receiving a garnishment order. Recipients may need to supply direct deposit records, bank statements, or benefit verification letters to confirm eligibility…
koreaherald.comU.S. Fertility Rate Hits Record Low as Population Growth Slows
U.S. births have fallen below deaths in recent projections while net immigration has declined. The working-age population supporting retirees is shrinking, affecting programs such as Social Security and Medicare.
Washington ExaminerJune 2026 SSI Payments of Up to $994 Scheduled for June 1
Supplemental Security Income payments for June 2026 will be issued on the first of the month. The federal program provides monthly support to eligible low-income individuals who are blind, age 65 or older, or have a qualifying disability.
investors.comRetirement Account Holders Seek Tax Strategies for $2 Million Savings
A 62-year-old planning to retire at 65 with $2 million in retirement accounts asked how to reduce taxes on withdrawals. The inquiry focused on account types, conversion timing, and Social Security claiming decisions.
washingtonpost.comSocial Security Disability Benefits Face Limited Garnishment Risks
Federal law protects most SSDI and SSI payments from private creditors, but certain government debts can still lead to offsets. Recipients who mix funds in bank accounts or face lawsuits may encounter temporary complications.
winnipegfreepress.comFederal and State Laws Limit Creditor Access to Retirement Income
Retirement income receives varying levels of protection from creditors depending on the source and the type of debt. Social Security benefits, pensions, and retirement account funds face different rules once money is distributed.
livemint.comBankruptcy Filing Halts Some Social Security Garnishments
Bankruptcy can stop certain collection actions against Social Security benefits, but outcomes depend on the type of debt and creditor. Private creditors generally cannot garnish Social Security directly, while federal obligations follow separate rules.
The IndependentDWP to Set Minimum Three-Year PIP Reviews for New Claims, With Five-Year Reviews at Next Assessment
The Department for Work and Pensions is introducing longer review periods for most new Personal Independence Payment awards while treating younger claimants differently. Disability minister Sir Stephen Timms is conducting a broader review of the benefit. Charities criticised the…
joblo.comGardner Woman Pleads Guilty to Social Security Disability Fraud
A Gardner woman admitted in federal court in Worcester on May 12 2026 that she fraudulently received Social Security disability benefits. The plea triggers mandatory restitution calculations and sentencing that will determine how much of the overpaid funds the government recovers…
yahoo.comMassachusetts Woman Pleads Guilty to Social Security and Pension Fraud
A Charlton woman admitted in federal court in Worcester on May 12 2026 to fraudulently obtaining Social Security benefits and pension payments. The plea triggers mandatory sentencing proceedings and restitution calculations under federal bank-fraud statutes.
upi.comSouth Korea Announces Plan to Raise Social Security Spending to OECD Advanced-Nation Levels by 2040
Prime Minister Kim Min-seok announced plans to raise social security expenditures during a May 12, 2026 meeting in Seoul. The move aims to address demographic shifts and establish a sustainable welfare system amid national challenges including the Middle East war. South Korea's c…
news.google.comTampa Woman Charged With Wire Fraud After Concealing Aunt's Death to Collect Benefits
Rebecca Stewart Vaughn, 64, of Tampa, faces federal charges of four counts of wire fraud and one count of theft of government money for allegedly disposing of her aunt's body and continuing to receive the deceased woman's Social Security and pension payments. The indictment seeks…
realclearmarkets.com62% of Retired Americans Rely on Social Security as Major Income Source, Gallup Finds
Gallup's latest Economy and Personal Finance survey found 62% of retirees depend on Social Security, tying last year's record. The poll reveals a sharp divide, with far fewer nonretirees expecting comfortable retirements or counting on the program.
disabilityscoop.comSocial Security Administration Sets May Payment Schedule for Retirees
The Social Security Administration has scheduled the first round of May payments for retirees to begin in 10 days, with amounts capped at $5,181. Payments are distributed based on birth dates, starting on May 13 for those born on or before the 10th. Eligibility begins at age 62,…
Substrate placeholder — needs reviewNigeria Launches Help Desk to Integrate Civil Servants into Employees' Compensation Scheme
The Nigerian government has introduced a new help desk to address compensation issues in the federal civil service. The initiative, commissioned by the Nigeria Social Insurance Trust Fund's managing director, aims to integrate treasury-funded agencies into the Employees' Compensa…
order-order.comFinancial Advice Column Addresses Student Loans, Gold Coins and Social Security Benefits
A financial advice column responds to reader questions on tax implications of paying a child's student loans, selling inherited gold coins and spousal Social Security benefits. The responses cover gift tax exemptions, capital gains taxes and eligibility rules for benefits. The co…
Substrate placeholder — needs reviewTax and Welfare Policies Influence Scottish Election 2026
Scotland has implemented distinct income tax and social security measures compared to the rest of the United Kingdom in recent years. These policies are affecting voter considerations in the 2026 election. The differences highlight ongoing divergences in fiscal approaches across…