SOCIAL SECURITY BENEFITS
What is Social Security's November 18 deadline? Millions can check their 2027 COLA-adjusted payments early - Here's how
Millions of Americans receiving Social Security benefits are approaching an important deadline on November 18, 2026. Beneficiaries should create a ‘my Social Security’ account to receive personalized cost-of-living adjustment notices electronically. A 3.6% COLA increase for 2027 will affect about 76 million people and provide financial relief. Early access to updated benefit amounts will help recipients plan accordingly moving forward.
Two major Social Security changes are coming in 2027: Retirees get a 3.6% raise, but some workers will pay $484 more in taxes — who will be affected?
Social Security 2027 changes: Social Security checks will rise 3.6% in 2027. The average retired worker will get $2,170 a month, up $75 from $2,095. SSI recipients will receive the higher payment on December 31, 2026. The Social Security tax limit for workers will rise from $184,500 to $192,300. Employees earning at least $192,300 could pay about $484 more in tax each year.
Social Security tax by state in 2026: Which 8 states tax retirement benefits, where can retirees keep more of their benefits, and how much could you owe the IRS?
Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax on their benefits, according to the Congressional Budget Office. Eight states also tax Social Security payments, although income-based exemptions offer relief. Federal tax thresholds, retirement withdrawals and state rules will determine how much retirees actually keep.
Economic advancement can’t be judged through a single income figure, other conditions apply
India’s creamy layer debate has renewed focus on whether income alone can measure socioeconomic advancement. The Supreme Court’s March 11 judgment, upheld last Friday, said parental salary cannot be the sole criterion for determining creamy layer status among OBCs; occupational and service status must also be considered.
Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a year
Social Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.
Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are details
US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
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Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?
Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to run out of reserves. Thirty-five newly elected senators will have to confront the funding challenge, with proposals ranging from raising payroll tax limits on high earners to changing how retirement funds are invested.
Voters demanded economic relief. Trump and Democrats face tough choices on how to deliver
Voters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond to the economic challenges revealed by recent election outcomes. The Federal Reserve may gain independence to curtail inflation as Trump and Democrats grapple for control. Efforts to secure Social Security funding are urgent as benefits become jeopardized after 2032.
Why did Susie Wiles resign? What will White House Chief of Staff Stepehen Miller do?
Stepehen Miller is one of Trump’s closest and longest-serving advisers, joining his long-shot 2016 presidential campaign as a speechwriter. Susie Wiles is the longest-serving White House chief of staff for Trump, who cycled through four of them during his first four-year term.
Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
Jairam Ramesh questions Centre over reported proposal to replace Aadhaar with Voter ID for welfare schemes
Jairam Ramesh has voiced serious concerns about the government's initiative to utilize Voter ID for welfare programmes, suggesting that this could undermine the intended functions of Aadhaar. He highlighted that several beneficiaries have already encountered hardship under Aadhaar's system. Ramesh cautioned that adopting Voter ID instead might worsen the challenges surrounding access to essential benefits and amplify debates on electoral integrity and citizens' rights in India.
Voter ID to replace Aadhaar for welfare schemes and benefits? BJP government's plan sparks row
The Centre plans to require voter ID numbers and biometric authentication for welfare benefits. This proposal has sparked criticism from the CPI(M), which claims it could exclude vulnerable individuals from essential government schemes. Critics argue that many rural residents lack access to necessary technology, thereby hindering their ability to receive benefits.
Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
Gig workers may get social security benefits through 2% transaction levy on businesses
The government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy will fund benefits such as insurance, health, and maternity support for over 12 million workers. There is a consensus that this approach ensures fairness among different types of aggregators. The new scheme is expected to be launched in 2027, requiring gig workers to meet specific work criteria.
ETtech Explainer: Food delivery, ride-hailing firms differ on gig worker welfare levy calculation
Food delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the value of transactions facilitated through their platforms, while cab and bike-taxi aggregators such as Uber and Rapido want it to be calculated on their own turnover rather than the total value of rides facilitated.
Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checks
The Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If changes are not made, monthly benefits for retirees might face substantial reductions, estimated between 22% and 26%. This impending decline is attributed to demographic shifts like an increasing elderly population and dwindling birth rates. Lawmakers have a limited timeframe to tackle these pressing issues before retirees experience significant cuts.
Who gets Social Security tomorrow, November 3? Is your payment COLA-adjusted, and how much will beneficiaries receive in November?
Social Security payments begin November 3 for beneficiaries who started collecting before May 1997. Other recipients will receive benefits on November 10, 18 or 25, depending on their birthdays. Veterans Day shifts the first birthday-based payment forward by a day, while SSI recipients received November's payment early, on October 30, because November 1 falls on Sunday.
How much will your Medicare premium rise in 2027 and how much of your Social Security raise will you actually keep?
The standard Medicare Part B premium may go up by $6.60 a month next year. That is far smaller than the jump in 2026. Still, for people living on Social Security, even a small rise matters, because the premium usually comes out of the monthly check.
Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this year
Mark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10, not Wednesday. Veterans Day falls on November 11, a federal holiday with banks shut. This is the only date change in 2026.
Social security projected benefit cuts 2032: Millions of Americans may miss out 22 per cent of total retirement income. Check SSA-CoLA calculations
Social security projected benefit cuts 2032: At that time the fund's projected income will be sufficient to pay just 78 per cent of scheduled benefits, indicating beneficiaries will see a 22 per cent cut in monthly Social Security retirement income.
Gig workers get a seat at the table as Centre notifies social security boards
The Ministry of Labour and Employment has notified the National Social Security Board for unorganised workers and gig workers. This board will enable the implementation of welfare schemes designed to address social security gaps. It will include representatives from government, companies, and civil society to ensure diverse input. The board is expected to meet regularly to discuss policies affecting these workers.
Social Security COLA 3.6% vs 3.4% wage growth: will retirees gain more buying power than workers earning wages in 2027, and is inflation eating the raise?
Social Security benefits are set to increase by 3.6% in 2027, but will retirees actually feel richer? The answer depends on how quickly everyday expenses rise. Workers face a different test, as salary increases may fall behind inflation. For both groups, higher income will offer real relief only if it keeps pace with rising living costs.
Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement income
Many American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For people living on a fixed income, these taxes can leave less money for everyday expenses. The good news is that retirement planning can also help reduce the amount owed. Here are five ways to manage your income and potentially lower the federal taxes on your Social Security benefits.
Supplemental Security Income checks arrive October 30: Who gets the November payment early? Here's what recipients need to know
Supplemental Security Income payment: SSI recipients will receive their November 2026 payment on October 30, ahead of the usual monthly date. Since November 1 falls on a Sunday, the deposit is arriving early. Here's who qualifies for the payment and why recipients should not expect an extra check.
When will your Social Security payment arrive in November 2026? Two dates shift, and SSI gets paid early
Social Security recipients should check their November 2026 payment dates, as two schedule changes could affect when the money arrives. SSI beneficiaries will receive their November payment on October 30, while some retirees will be paid early because of Veterans Day. The 2027 COLA increase is another key update.
Final October Social Security payment of up to $5,181 lands Wednesday: why only some retirees are paid this week and how much you can actually expect
Some US retirees could receive up to $5,181 in Social Security benefits on Wednesday, October 28. But the amount is not for everyone, and payment dates vary by birth date and eligibility. Here’s who is due to be paid this week and what retirees can realistically expect.
Working while collecting Social Security? Here's what could happen to your checks in 2027
Social Security recipients who continue working in 2027 will face higher earnings limits before benefits are withheld. Find out how much you can earn, what income counts toward the limit and how claiming benefits before full retirement age could affect your monthly checks.
Social Security gets a 3.6% raise in 2027, but a 22% cut looms by 2032: Could a 40% payroll tax hike make Millennials and Gen Z pay more?
Your Social Security payment will rise 3.6% in January 2027, about $75 more a month on average. But the bigger story is 2032, when the retirement fund runs dry and benefits could be cut 22%. Fixing it may mean higher payroll taxes for workers, and the clock is already ticking.
Social Security Administration database cleanup is underway with nearly 50 million records corrected: What it means for your monthly benefits
The Social Security Administration has corrected nearly 50 million records in its biggest database cleanup yet. Here’s what the changes to death dates and citizenship information could mean for Social Security beneficiaries and their monthly checks.
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