These are some of the key tax changes in President Donald Trump’s "big beautiful" bill and how the current law compares to the new legislation.

Social Security is a major source of income for 74M Americans — but how far does the average check go? See average benefits ...

"The Department has not offset any Social Security benefits since restarting collections on May 5, and has put a pause on any future Social Security offsets," a DOE spokesperson said in an email ...

The Social Security cost-of-living adjustment (COLA) is meant to offset inflation. The projected COLA for 2026 ... Although Social Security retirement benefits began in 1940, the annual COLA wasn't a ...

The PIA is the benefit a worker will receive if they claim Social Security at full retirement age (FRA), which is 67 for anyone born in 1960 or later. Step 2: The SSA adjusts the PIA for early or ...

Social Security benefits are determined based on individual work history, lifetime earnings, and claiming age. All else being equal, retirees will get the smallest possible benefit at age 62 and ...

Signed into law by President Biden in January 2025, the Social Security Fairness Act requires the agency to adjust benefits for 3.2 million people, including future and past benefits. Social ...

Last month, the Department of Education announced that Social Security recipients who were behind on student loan payments would have their benefits subject to the Treasury Offset Program, which ...

About 452,000 people over 62 — the earliest age when one can collect Social Security benefits — have defaulted on their student loans, the Consumer Financial Protection Bureau said earlier ...

The Brief. Earlier this year, the Social Security Fairness Act boosted Social Security payments for nearly 3 million people. SSA says benefits have been expanded for about 91% of those eligible.

The Education Department confirmed to BI that it's pausing Social Security garnishment for defaulted student loans. The department said it plans to resume offsets "sometime this summer." ...

Student loan borrower shares her story as collections resume for those in default 02:52. The Trump administration says it's pausing the garnishment of Social Security benefits for student loan ...