Social Security

Jobs, always a big buzz word on the campaign trail, is center stage in 2020, this time fueled by the pandemic.  “The health of the people of this country and the health of our economy are inextricably linked,” said Rep. John Larson, (D) 1st District. A Democrat-led bill to provide pandemic relief, called the Hero’s Act, passed the house, then…

Longtime Democratic Congressman John Larson is facing a challenge from Republican Mary Fay for Connecticut’s First Congressional District.

Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus pandemic and its consequences for older people

The act of kindness can be priceless. But for Derlin Newey, a pizza delivery driver from Roy, Utah, it was actually worth $12,069.

The Social Security Administration won’t announce its next annual cost-of-living adjustment until October, but there is a reliable way to predict the number ahead of time.  The Senior Citizens League is a nonpartisan advocacy group for older Americans and has a history of accurately forecasting the annual change. The group estimates that the Social Security COLA for 2021 could...

As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount _ company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred.

President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it

The effects of the coronavirus may reduce Social Security payments for millions soon eligible to retire. A Connecticut congressman has been leading the charge to change this. Your Social Security payments have been determined in part by a formula that includes your earnings at age 60, two years before you’re eligible.  Connecticut Congressman John Larson said for people turning 60…

One Connecticut Congressman’s bill targets an anomaly that could lower Social Security payments.

Joe Biden and Bernie Sanders sparred one-on-one in a Democratic debate held in the shadow of the coronavirus pandemic.

Mike Bloomberg released plans to shore up Americans’ retirement on Sunday, promising to increase Social Security retirement benefits and create a government-backed savings plan for workers at all income levels.

President Donald Trump has publicly vowed to protect Social Security. Yet advocates for the program fear that his just released budget proposal would hit individuals hard when it comes to disability benefits, as it includes cuts to the tune of $71 billion, according to one congressional estimate.