• Social Security won’t be able to pay full benefits by 2034

    (CNN) — Social Security will have to cut benefits by 2034 if Congress does nothing to address the program’s long-term funding shortfall, according to an annual report released Tuesday by the Social Security and Medicare trustees. That’s one year earlier than reported last year. By that time, the combined trust funds for Social Security will be depleted […]

  • T-Mobile says data breach affects more than 40 million people

    (CNN) — Tens of millions of current, former or prospective T-Mobile customers’ personal information has been leaked to hackers, the wireless carrier said Tuesday, disclosing further details on a data breach it has been investigating since the weekend. The breach affects as many as 7.8 million postpaid subscribers, 850,000 prepaid customers and “just over” 40 million […]

  • Social Security checks to increase by 1.3% in 2021

    Come January 2021, the roughly 70 million people who receive Social Security will see a 1.3% increase in their benefit payments to account for the rising cost of living, the Social Security Administration announced Tuesday. That means the average monthly check for retirees will increase by $20 to $1,543, the agency said. However, the extra $20 a month […]

  • IRS says stimulus payments will begin next week

    The Internal Revenue Service said Friday that some stimulus payments will start going out next week, starting with people who have filed tax returns for 2018 or 2019 and authorized direct deposit. The first round of direct-deposit payments will be made automatically to qualifying taxpayers. Social Security beneficiaries will also receive their payments automatically. Those payments will […]

  • Appellate judges nix Trump’s Medicaid work requirements

    (CNN) — A panel of federal appellate court judges on Friday struck down the administration’s approval of work requirements in Medicaid, the federal health insurance program for low-income Americans, in another legal defeat for the Trump administration. The unanimous decision, written by Judge David Sentelle, a Reagan appointee, upheld a district court ruling that found the […]

  • Residents Warned to be Alert to Scam Seeking `Bond’ Payments Via Phone

    Con artists claiming to be government agents are contacting Riverside County residents seeking payments over the phone for “bonds” issued because of fraudulent activity, and sheriff’s officials Thursday warned call recipients not to fall for the scam. Sheriff’s Sgt. Timothy Brause said that the sheriff’s department has received a number of reports about the racket, […]

  • Officials Warn of Social Security Scam Calls

    Apparent social security scammers have been making the rounds and calling people warning them that their accounts are about to be suspended. Experts say don’t fall for it. Experts say the reason why certain people keep getting such calls is likely due to them choosing to answer the phone in the first place. Kevin Chavez, […]

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