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FOUND: 5 - What They Never Told You

Michael Hiltzik: The omnibus bill will help you save for retirement, though Wall Street will get its cut

The average American's path to retirement security has long been a steep uphill climb. The omnibus spending bill President Biden signed on Dec. 29 will make the journey easier.

Los Angeles Times

Man cashed his dead mum's social security cheques for 26 yrs in US

A Missouri man pleaded guilty this week to stealing his dead mother’s Social Security payments for more than a quarter century, accumulating nearly US$200,000 in the process, federal prosecutors said.

Bangkok Post

Social Security benefits in 2023: 5 big changes retirees should plan for

Inflation has been sky-high over the last year, so it’s a good thing that the Social Security Administration (SSA) is boosting its cost of living adjustment (COLA) for benefit checks in 2023. It’s just one of many changes announced by Social Security recently.

Tribune News Service

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People with long COVID face barriers to government disability benefits

When Josephine Cabrera Taveras was infected with COVID-19 in spring 2020, she didn’t anticipate that the virus would knock her out of work for two years and put her family at risk for eviction.

Tribune News Service

COUNTERPOINT: No to eliminating (or raising) the Social Security Tax

I oppose the proposed elimination in 2023 of the $160,200 cap on earnings subject to the payroll tax rate of 12.4 percent paid to Social Security.

Tribune News Service

Social Security now allows individuals to self-select gender

Individuals will be allowed to make sure their records with the Social Security Administration align with their gender identity under a plan announced Wednesday

The Independent UK

Standard deductions, tax brackets rise due to inflation

The IRS is increasing standard deductions for 2023 and tax brackets will be revised upward because of inflation.

Chicago Sun-Times

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IRS ups standard deductions, tax brackets due to inflation

Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation

The Independent UK

Social Security benefits to jump by 8.7% next year

The Social Security Administration said the estimated average monthly Social Security benefit for all retired workers will be $1,827 starting in January.

Chicago Sun-Times

Social Security benefits to see biggest boost in four decades - Roll Call

Tens of millions of retirees and disabled workers will see benefits rise by 8.7 percent in 2023, the Social Security Administration reported.

Roll Call

Disability program riddled with problems

The federal Social Securities Income program is leaving many without monetary aid that matches inflation costs

Salon

A disability program promised to lift people from poverty. Instead, it left many homeless

CHARLOTTE, N.C. — After two months of sleeping in the Salvation Army Center of Hope homeless shelter, Margaret Davis has had no luck finding an apartment she can afford.

Tribune News Service

High rents outpace federal disability payments, leaving many homeless

Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.

WEKU

Decades after foster care, she learned she was owed benefits. Where did the money go?

After reading an investigation by NPR and the Marshall Project, former foster youth are asking what happened to their benefits — and the government isn't helping.

WEKU

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The Independent UK

Liam and Olivia once again dominate top baby names list

Olivia and Liam are once again America’s most common baby names

The Times of India

FBI team in Indore to help crack racket that duped US citizens

INDORE: Three FBI officers arrived in Indore on Friday to assist in a crime branch investigation into a fake call centre that duped American citizens by posing as US Social Security Administration officials. The Feds shared details of the US victims with Indore Police.

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