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August 16, 2026

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NEWS

Social Security’s 3.6% COLA Bump Could Push the Program Toward a Funding Crisis

August 16, 2026 - by 5minstory - Leave a Comment

  The good news for Social Security recipients is that they appear to be on pace for a respectable 3.6% increase in their benefits early next year. The bad news is that …

Social Security’s 3.6% COLA Bump Could Push the Program Toward a Funding Crisis Read More
NEWS

The Average Retiree Household Spends $5,119 a Month. Social Security Covers $2,081. Here’s What Closes the Gap.

August 16, 2026 - by 5minstory - Leave a Comment

  Households headed by someone age 65 or older spent an average of $61,432 in 2024, according to the Bureau of Labor Statistics Consumer Expenditure Survey. That works out to …

The Average Retiree Household Spends $5,119 a Month. Social Security Covers $2,081. Here’s What Closes the Gap. Read More
NEWS

Social Security Checks Are Going Out This Week — Here’s Who Gets Paid August 19

August 16, 2026August 16, 2026 - by 5minstory - Leave a Comment

  Find out when you can expect your 2026 Social Security payments and the date you get paid when your scheduled day falls on a holiday. Understanding when your Social …

Social Security Checks Are Going Out This Week — Here’s Who Gets Paid August 19 Read More
NEWS

Social Security recipients will get more money next year. Here’s how much the COLA may boost benefits.

August 16, 2026 - by 5minstory - Leave a Comment

  New inflation data released this past week suggests seniors will see a bigger bump in their Social Security checks next year. The annual cost-of-living adjustment, or COLA, is projected …

Social Security recipients will get more money next year. Here’s how much the COLA may boost benefits. Read More
NEWS

Social Security’s Biggest Problem Is Getting Harder to Ignore — Here’s What Could Happen Next

August 15, 2026 - by 5minstory - Leave a Comment

  For many of the nearly 55 million retired workers currently receiving a Social Security benefit, this income isn’t a luxury. A quarter-century of annual surveys by Gallup shows that …

Social Security’s Biggest Problem Is Getting Harder to Ignore — Here’s What Could Happen Next Read More
NEWS

Social Security Is in Dire Straits, Thanks in Part to President Donald Trump, but Taxing the Rich Won’t Fix the Problem

August 15, 2026 - by 5minstory - Leave a Comment

For many of the nearly 55 million retired workers currently receiving a Social Security benefit, this income isn’t a luxury. A quarter-century of annual surveys by Gallup shows that up …

Social Security Is in Dire Straits, Thanks in Part to President Donald Trump, but Taxing the Rich Won’t Fix the Problem Read More
NEWS

Social Security’s 2027 COLA Just Got Downgraded: What Retirees Need to Know Now

August 15, 2026 - by 5minstory - Leave a Comment

  If you collect benefits from Social Security and don’t have much other income to fall back on, the program’s annual cost-of-living adjustments (COLAs) are probably quite important to you. COLAs are …

Social Security’s 2027 COLA Just Got Downgraded: What Retirees Need to Know Now Read More
NEWS

2027 Social Security COLA Update: There’s Good News and Bad News

August 14, 2026 - by 5minstory - Leave a Comment

  Social Security’s cost-of-living adjustments (COLAs) tend to be a big topic of conversation around this time of the year. After all, inflation data during the months of July, August, …

2027 Social Security COLA Update: There’s Good News and Bad News Read More
NEWS

Social Security Spousal Benefits: The Strategy Married Couples Need to Understand in 2026

August 14, 2026 - by 5minstory - Leave a Comment

  A popular claiming strategy still exists for some older Americans, but most younger retirees can no longer use it the way they might expect. Social Security can be significantly …

Social Security Spousal Benefits: The Strategy Married Couples Need to Understand in 2026 Read More
NEWS

Trump White House says it’s losing $19B-$26B a year in revenue as countries dodge tariffs

August 14, 2026 - by 5minstory - Leave a Comment

  WASHINGTON (AP) — The Trump White House said in a new report on Thursday that countries are routing their exports through third countries to avoid U.S. tariffs, estimating that there …

Trump White House says it’s losing $19B-$26B a year in revenue as countries dodge tariffs Read More

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Recent Posts

  • Social Security’s 3.6% COLA Bump Could Push the Program Toward a Funding Crisis
  • The Average Retiree Household Spends $5,119 a Month. Social Security Covers $2,081. Here’s What Closes the Gap.
  • Social Security Checks Are Going Out This Week — Here’s Who Gets Paid August 19
  • Social Security recipients will get more money next year. Here’s how much the COLA may boost benefits.
  • Social Security’s Biggest Problem Is Getting Harder to Ignore — Here’s What Could Happen Next
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