On May 21, 2023, CRHS fell victim to a cyberattack that exposed sensitive patient information, including Social Security numbers and health insurance details. The breach impacted approximately 132,800 individuals, leaving many vulnerable to fraud and identity theft. While CRHS denies any wrongdoing and has not admitted liability, they’ve agreed to settle the lawsuit to resolve the claims.

The plaintiffs argued that the healthcare provider failed to implement sufficient cybersecurity measures to safeguard patient data. Although CRHS maintains there was no negligence on their part, the settlement ensures that affected individuals will receive reimbursement for certain expenses tied to the breach.

Who is Eligible for Compensation?

If you were affected by the breach, you may be eligible to file a claim for reimbursement. The settlement allows individuals to recover costs related to:

• Fraud or identity theft
• Professional fees (e.g., legal, accounting, or credit repair services)
• Credit monitoring expenses incurred after the breach
• Costs associated with freezing or unfreezing credit reports
• Miscellaneous expenses like postage, notary fees, or mileage directly tied to the breach

Additionally, all class members—regardless of whether they incurred direct losses—are entitled to a portion of the settlement fund, estimated to be around $50 per person. However, this amount may fluctuate based on the number of claims submitted and approved.

What Expenses Can Be Claimed?

Eligible expenses for reimbursement include:

• Costs associated with fraud or identity theft
• Attorney or accountant fees
• Credit monitoring services
• Expenses for freezing or unfreezing credit reports
• Miscellaneous costs such as notary fees, postage, faxing, and travel expenses linked to the breach

How to File a Claim

Filing a claim is straightforward, but there are a few key steps to follow. First, make sure you have all necessary documentation, including receipts or proof of expenses. You can submit your claim online through the official settlement website. Keep in mind that the deadline to file is April 2, 2025, so don’t delay if you believe you’re eligible.

Rising Cyberattacks on Healthcare

Unfortunately, cyberattacks targeting healthcare organizations are becoming alarmingly common. In 2022 alone, the Office for Civil Rights received reports of 720 data breaches involving 500 or more records. The trend continued into 2023, which saw a record-breaking 725 breaches reported, exposing over 133 million records, according to the HIPAA Journal.

This settlement serves as a reminder of the importance of robust cybersecurity measures, especially in industries handling sensitive personal information. For those affected by the CRHS breach, the payout offers some relief, but it’s crucial to take steps to protect yourself moving forward, such as monitoring your credit and staying vigilant against potential scams.

If you think you might qualify for compensation, gather your documents and file your claim today. It’s a small step toward recovering from the fallout of this alarming breach.

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Why This Cleanup Is Important

As part of President Donald Trump’s broader push to reduce federal spending, Elon Musk—Tesla’s billionaire CEO and a key figure in these cost-cutting initiatives—has highlighted inefficiencies in government systems, including the Social Security program. Earlier this year, Musk pointed out that millions of individuals listed as being over 100 years old could potentially still be receiving benefits.

However, the SSA has pushed back against this interpretation, suggesting that Musk’s claims may stem from a misunderstanding of the data. The agency clarified that many of these individuals aren’t actively receiving benefits but instead have records lacking a documented date of death. According to SSA statistics, only about 53,000 beneficiaries—roughly 0.1 percent of the 67 million people receiving Social Security—are centenarians.

What the Data Reveals

The recent DOGE announcement revealed that over the past two weeks, the SSA has flagged and updated records for more than 3.2 million individuals aged 120 or older. Even so, the cleanup isn’t complete: around 9.5 million Social Security numbers belonging to people in this age bracket remain in the system.

The data Musk referenced is believed to originate from the SSA’s Death Master File, a database used by government agencies and private organizations to verify whether Social Security numbers are still valid. This file includes names, Social Security numbers, dates of birth, and dates of death for Americans who have passed away.

The SSA’s Response

In a statement issued on March 5, the SSA addressed the confusion surrounding the figures. The agency explained that the numbers reported in the media refer to individuals who don’t have a recorded date of death. While these individuals may not currently be receiving benefits, maintaining accurate and comprehensive records remains a priority for the SSA.

The ongoing cleanup highlights the challenges of managing vast amounts of data within government systems. By addressing outdated or incomplete records, the SSA hopes to improve efficiency and ensure its resources are allocated appropriately. Whether this effort will lead to meaningful changes in how Social Security operates—and how public trust in the system evolves—remains to be seen. For now, the initiative underscores Musk’s commitment to streamlining government operations and eliminating waste.

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How SNAP Payment Dates Are Determined

While SNAP is funded by the federal government, each state has its schedule for distributing benefits. This means that even within the same state, people may receive their payments on different days. States use various methods to determine payment dates, such as:

• The last digit of your Social Security number
• The first letter of your last name
• A randomly assigned distribution schedule

Understanding your state’s specific payment schedule is important so you can plan your grocery shopping accordingly.

SNAP Payment Dates for April 2025

Below is the list of SNAP payment dates by state for April:

• Alabama: April 4–23
• Alaska: April 1
• Arizona: April 1–13
• Arkansas: April 4–13
• California: April 1–10
• Colorado: April 1–10
• Connecticut: April 1–3
• Delaware: April 2–23
• District of Columbia: April 1–10
• Florida: April 1–28
• Georgia: April 5–23
• Guam: April 1–10
• Hawaii: April 3–5
• Idaho: April 1–10
• Illinois: April 1–10
• Indiana: April 5–23
• Iowa: April 1–10
• Kansas: April 1–10
• Kentucky: April 1–19
• Louisiana: April 1–23
• Maine: April 10–14
• Maryland: April 4–23
• Massachusetts: April 1–14
• Michigan: April 3–21
• Minnesota: April 4–13
• Mississippi: April 4–21
• Missouri: April 1–22
• Montana: April 2–6
• Nebraska: April 1–5
• Nevada: April 1–10
• New Hampshire: April 5
• New Jersey: April 1–5
• New Mexico: April 1–20
• New York: April 1–9
• North Carolina: April 3–21
• North Dakota: April 1
• Ohio: April 2–20
• Oklahoma: April 1–10
• Oregon: April 1–9
• Pennsylvania: April 3–14
• Puerto Rico: April 4–22
• Rhode Island: April 1
• South Carolina: April 1–10
• South Dakota: April 10
• Tennessee: April 1–20
• Texas: April 1–28
• Utah: April 5, 11, 15
• Virgin Islands: April 1
• Vermont: April 1
• Virginia: April 1–7
• Washington: April 1–20
• West Virginia: April 1–9
• Wisconsin: April 1–15
• Wyoming: April 1–4

Why Knowing Your Payment Date Matters

For many families, SNAP benefits are a lifeline that helps ensure they can put food on the table. Since the payment schedule varies by state, staying informed about when your benefits will arrive is key to managing your household budget. Missing your payment date could lead to unnecessary stress or difficulty planning meals.

As April approaches, take a few minutes to confirm your state’s SNAP schedule. Mark the date on your calendar so you’re ready to use your benefits as soon as they’re available. Being proactive not only helps you make the most of your benefits but also ensures you’re prepared for the month ahead

How to Stay Updated on SNAP Payments

If you’re unsure about your state’s SNAP payment schedule, there are several ways to find out:

1. Visit Your State’s Website: Most states provide detailed SNAP payment calendars on their Department of Social Services or equivalent agency’s website.
2. Contact Your Local SNAP Office: A quick call or email to your local office can clarify any questions about payment dates.
3. Check Your EBT Account: Many states allow you to track your benefits online or through a mobile app.

By staying informed and planning ahead, you can make the most of the support SNAP provides and ensure your family has access to nutritious food throughout the month.

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Starting in 2025, SSDI recipients will get a Cost of Living Adjustment (COLA). This is a small raise meant to help keep up with rising costs like groceries and bills. Thanks to this adjustment, the maximum monthly payment will go up to $4,018. But don’t assume you’ll automatically get that amount—how much you receive depends on things like your work history and the details of your disability case.

The COLA change will officially take effect on March 19, 2025. This is the date when the adjustment will first appear in your payment. If you received retirement benefits in February 2025, you might notice a small tweak to your payment due to something called the Equity Act. To avoid surprises, it’s a good idea to review your Social Security statement each month and double-check the amount you’re receiving.

When Will You Get Your SSDI Payment?

Mark your calendar for March 19, 2025! That’s when the COLA adjustment will be reflected in your benefits. The Social Security Administration (SSA) sends out payments on Wednesdays, and your exact date depends on your birthdate:

• If your birthday falls between the 11th and 20th of the month, your payment arrives on March 20.
• If your birthday is between the 21st and 31st, expect your payment on March 27.

To avoid delays, setting up Direct Deposit is the best option—it ensures you receive your funds immediately rather than waiting for a paper check.

Increasing Your Income

While the COLA increase is a helpful boost, SSDI payments alone might not cover all your expenses. Fortunately, there are programs designed to provide extra support:

• SNAP (Supplemental Nutrition Assistance Program) : Helps you afford groceries so you can put healthy food on the table.
• SSI (Supplemental Security Income) : Provides extra financial support if you qualify.

These resources can make a big difference in easing financial strain and improving your quality of life.

Staying on Top of Changes

Because of the Equity Act, you might see small changes in your retirement or disability checks. It’s not likely to throw your budget out of whack, but it’s still smart to keep an eye on your payments. Knowing exactly what’s coming in helps you stay in control of your finances.

The good news is that your SSDI payments will keep arriving every month on schedule, giving you a reliable foundation for managing your expenses. Still, it’s always smart to create a budget and plan to make the most of your income.

Making the Most of Your Benefits

Understanding how the 2025 COLA increase affects your SSDI payments is key to keeping your finances stable. By staying informed about payment dates, potential adjustments, and extra resources, you can make sure you’re taking full advantage of the support available to you.

Keep track of your payment schedule, explore supplemental programs if needed, and stay proactive about managing your money. With a little planning, you can stay on top of your financial situation and focus on what matters.

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When Will You Receive Your Disability Payment?

Each month, Social Security payments go out on four different days, but most beneficiaries receive just one payment. The exception is for those who also qualify for Supplemental Security Income (SSI), which can provide additional support.

For March 2025, one of the key payment dates is the 19th. However, this payment is only for people who:

• Started receiving benefits after May 1997
• Have a birth date between the 11th and 20th of any month

If you don’t fall into this category, your payment will be scheduled for a different day. It’s always a good idea to check the SSA’s payment calendar to know exactly when to expect your deposit.

How Much Can You Receive?

The amount you get from Social Security Disability varies based on your work history and contributions to the system. In March 2025, the maximum possible payment will be $4,018 per month. However, not everyone qualifies for this amount. Reaching the maximum requires years of consistent high earnings and contributions to Social Security, which isn’t common for most beneficiaries.

On average, people receive around $1,600 per month, but this number can change depending on individual circumstances. If your payment seems lower than expected, it’s worth reviewing your benefit statement or speaking with a Social Security representative to understand why.

Boosting Your Benefits with SSI

If your Disability payment isn’t enough to cover your needs, you might qualify for Supplemental Security Income (SSI) . This program provides additional financial support to those with limited income and resources. Depending on your situation, SSI can add up to $967 to your monthly benefit.

To see if you’re eligible for SSI, consider factors like your household income, assets, and living arrangements. Applying for SSI could give you the extra boost you need to manage daily expenses more comfortably.

Plan & Stay Informed

Getting a handle on Social Security Disability payments is important if you’re depending on these benefits to get by. Knowing when your payments are coming helps you plan better and avoid any unexpected financial hiccups. Plus, it’s a good idea to know about programs like Supplemental Security Income (SSI) so you don’t miss out on any extra help you might qualify for.

Take a little time to go over your benefit information, double-check your payment schedule, and see if something like SSI could be useful for you. The more you know, the better prepared you’ll be to deal with any challenges and keep your finances in good shape.

Keeping track of your disability payments doesn’t have to feel like a huge headache. By staying on top of things and educating yourself, you can make sure you’re getting everything you’re entitled to. Whether it’s jotting down your payment dates, understanding how much you’ll receive, or looking into other programs that might help, every bit of effort helps you feel more secure.

At the end of the day, knowledge is your best friend when it comes to managing your benefits. Use the resources available, don’t be afraid to ask questions, and take charge of your financial situation.

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How to Check Your Tax Refund Status

The “Where’s My Refund?” tool lets you track your refund by entering the following details. Once you’ve submitted this information, you can instantly check where your refund stands in the process.

• Your Social Security Number
• The exact refund amount
• Your tax filing status

If you filed electronically, you should be able to see your refund status within 24 hours. If you mailed your return, it might take longer—usually a few days after the IRS processes it. Filing early gives you a head start on tracking your refund and planning.

Refund Tracking Steps

The refund process has three main steps:

1. Return Received: The IRS has received your tax return and is starting to process it.
2. Refund Approved: The IRS has reviewed your return and confirmed how much you’ll get back.
3. Refund Sent: Your refund is coming to you via direct deposit or a mailed check.

These steps are usually straightforward, but if there’s a delay, the IRS website may provide details about why. Delays can happen for various reasons, like needing extra time to review your return. If something seems off, don’t panic—it’s often just a matter of waiting a little longer.

Understanding Your Refund Status

The IRS tracks refunds through three stages:

1. Return Received – The IRS has your tax return and is processing it.
2. Refund Approved – Your return has been reviewed and your refund is on the way.
3. Refund Sent – The IRS has issued your refund via direct deposit or check.

If your return is still being processed, the IRS tool might provide additional details on any potential issues or delays.

Why the Tracking Tool is Useful

One of the best things about the “Where’s My Refund?” tool is that it can help you catch mistakes. For example, if your return is missing information or has calculation errors, the tool will let you know. This gives you a chance to fix the issue, update your return, and resubmit it as soon as possible. Addressing problems early can save you weeks of waiting.

The #IRS “Where’s My Refund?” tool allows you to quickly and easily check your tax refund status. Try it out: https://t.co/i2hXjfHpCb

— IRSnews (@IRSnews) March 11, 2025

Need More Help?

If you mailed your tax return and haven’t seen any updates, don’t worry. You can call the IRS helpline at 1-800-829-4477 for help. They can explain why your refund might be delayed and guide you through next steps. Just keep in mind that paper returns take much longer to process than electronic ones—sometimes up to six months.

How Long Will It Take to Get Your Refund?

• E-filed returns – Expect to receive your refund within 21 days if there are no issues.
• Paper returns – These take much longer, sometimes up to six months.
• Direct deposit vs. check – Opting for direct deposit speeds up the process significantly compared to receiving a physical check in the mail.

Tracking your tax refund doesn’t have to feel like a mystery. By using the IRS tools and staying on top of things, you can stay informed every step of the way. Whether you’re checking for updates, fixing errors, or just planning your finances, these tips will help you track the refund during tax season 2025.

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To make it easier for people to get this help, the Social Security Administration (SSA) has made it possible to apply for SSI benefits online. This is part of an effort to simplify the process and ensure that those who truly need support can get it without unnecessary obstacles.

SSA introduced New Online SSI Application Process

In a recent update, the SSA announced some good news:

We’ve made it simpler for adults to apply for SSI by creating a streamlined online application that combines the initial SSI and disability application into one step.

This is a big improvement over the old system, where people could only start the process online but couldn’t finish it without going through additional steps. Now, you can complete the entire application on SSA.gov. This change is especially helpful for people who face extra challenges, like veterans, those experiencing homelessness, and individuals dealing with mental health issues. By cutting down on red tape, the SSA hopes more people who qualify will feel encouraged to apply for the help they need.

Who Benefits from This Change?

The updated online application is particularly helpful for several groups, including:

• Veterans
• Individuals experiencing homelessness
• People with mental health conditions
• Anyone facing significant life challenges that make traditional application methods difficult

By removing barriers and streamlining the process, the SSA aims to ensure eligible individuals receive the support they need more easily.

Who Can Use the Online SSI Application?

The enhanced online system is available to a specific group of applicants. To qualify for the online SSI application, individuals must:

• Be between 18 and 64 years and 10 months old
• Be applying for both SSI and SSDI
• Have never been married
• Have never applied for SSI for themselves or a child
• Be a U.S. citizen or a non-citizen whose eligibility has not changed

These criteria help streamline the application process for those who meet specific conditions, ensuring efficiency while maintaining accuracy in eligibility determination.

Why This Change Matters

The SSA’s push to modernize and simplify the SSI application process shows a real commitment to helping vulnerable groups. By removing barriers that used to discourage people from applying, the agency is working to create a fairer and more inclusive system. Whether someone is struggling with homelessness, dealing with mental health challenges, or navigating life as a veteran, the improved process is designed to meet them where they are and offer the support they need.

In short, these updates to the SSI application process are a step in the right direction. For those who qualify, being able to apply online makes it easier and more convenient to access critical financial assistance. It’s a great example of how thoughtful changes can make a real difference in people’s lives.

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Who Can Qualify for the EITC?

To see if you qualify for the EITC, there are a few key things to consider. These include how much money you earn, whether you’re married, and how many kids you have. Here’s a simple breakdown:

• You Need Earned Income: You must have earned money from a job or self-employment. This means you need to have worked at some point during the tax year.
• Income Limits: The IRS has specific income limits based on your marital status and the number of children you claim. If you earn too much, you won’t qualify.
• Social Security Number: You, your spouse (if filing jointly), and any dependents you claim must have a valid Social Security number.
• File a Tax Return: Even if you don’t owe any taxes, you still need to file a tax return to claim the credit.

How Can the EITC Help You?

One of the best things about the EITC is that it can give you cash back if the credit is more than the taxes you owe. This means you could get money back from the government, which you can use to pay bills, save for the future, or handle unexpected expenses. Families with kids benefit the most because the credit gets bigger with each qualifying child.

• A single parent with three kids might get a bigger credit than someone without kids.
• The more children you have, the larger the refund—making this a big help for bigger families.

How to Claim the EITC?

The EITC isn’t automatically added to your tax return—you need to claim it yourself. Here’s how to do that:

1. File Your Taxes: Fill out your tax return and make sure everything is correct.
2. Use the Right Forms: Use Form 1040 and attach Schedule EIC if needed.
3. Check Your Eligibility: Make sure you meet all the requirements before sending in your return.
4. Use IRS Tools: The IRS has free online tools to help you figure out if you qualify and estimate your potential credit.
5. Get Help if Needed: If you’re unsure about the process, free tax preparation services are available to guide you through filing.

Keep Up with EITC Changes

Every year, the IRS updates the income limits and credit amounts for the EITC to account for inflation and policy changes. It’s important to stay informed so you don’t miss out on benefits, especially if your financial situation has changed since last year. To get the latest info:

• Visit the official IRS website.
• Talk to a tax professional who can give you personalized advice.

Staying up-to-date ensures you don’t miss out on potential benefits.

Why Should You Claim the EITC?

For those who qualify, the EITC can make a big difference in their financial situation. Whether it’s helping to pay off debt, covering everyday expenses, or building a safety net, this credit provides real, tangible relief. Many families find that the extra money helps them buy essentials like groceries, school supplies, or healthcare.

If you think you might qualify, don’t wait—take action. Filing for the EITC could mean getting hundreds or even thousands of dollars in tax refunds—a step that could make a meaningful difference in your life.

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Understanding the Social Security Payment Schedule

Social Security payments follow a set schedule based on your birth date. Here’s how it works:

• If your birthday falls between the 1st and 10th of the month, you’ll receive your payment on the second Wednesday.
• If your birthday is between the 11th and 20th, your payment arrives on the third Wednesday.
• If your birthday falls after the 20th, expect your payment on the fourth Wednesday.

For Supplemental Security Income (SSI) recipients, payments are typically sent on the first of each month. However, if the first falls on a weekend or holiday, the payment is made on the last business day of the previous month. For example, the February 2025 payment will be issued on January 31, 2025.

Exceptions to the Standard Payment Schedule

Certain groups follow a different payment schedule:

• If you started receiving benefits before 1997
• If you receive both SSI and Social Security benefits
• If your Medicare premiums are paid by your state
• If you live outside the United States

In these cases, payments are sent on the 3rd of each month, regardless of your birth date.

Why You Might Receive Two Payments in a Month

Sometimes, the payment schedule results in beneficiaries receiving two payments in a single month. This happens when the first of the month falls on a weekend, prompting the Social Security Administration to send payments on the last weekday of the previous month. For instance, in May 2025, SSI recipients will receive two payments.

What to Do If Your Social Security Payment Is Late

If your Social Security payment doesn’t arrive as expected, take the following steps:

1. Check with Your Bank – If you receive payments via direct deposit, confirm with your bank or financial institution that the payment hasn’t been delayed.
2. Wait a Few Days (If You Receive a Paper Check) – For those receiving paper checks, the Social Security Administration advises waiting at least three business days after the expected delivery date before taking action.
3. Contact Social Security – If your payment is still missing, reach out to the Social Security Administration at 800-772-1213 or visit your local office for assistance. They can investigate the issue and issue a replacement if necessary.

Tips to Avoid Stress

Knowing the payment schedule and planning for occasional hiccups can save you a lot of worry. Here are a few tips:

• Switch to direct deposit if you haven’t already. It’s faster and more reliable than waiting for a paper check.
• Keep track of your payment dates using a calendar or app.
• If you ever notice a pattern of delays, let SSA know—they might need to adjust your account details.

By understanding how the system works and knowing what to do if something goes wrong, you can stay on top of your finances and avoid unnecessary stress. After all, these payments are meant to help you, so it’s worth taking the time to manage them well.

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Some rare silver dollars have sold for hundreds of thousands, even millions, at auctions. Let’s take a look at six of the most valuable silver dollars and what makes them so special.

6 Rare and Most Valuable Silver Dollars

While every silver dollar has a face value of at least $1, certain rare editions are worth far more. Here are six of the rarest silver dollars and their estimated values:

The Rarest Morgan Silver Dollars

Morgan silver dollars, named after designer George T. Morgan, are among the most sought-after coins in U.S. history. Minted from 1878 to 1904 (and briefly in 1921), these coins are 90% silver and are highly collectible. Some Morgan dollars have fetched record-breaking prices at auctions.

Spotlight on Key Morgan Dollars:

While most 1884-S Morgans aren’t worth much more than a typical silver dollar, a high-grade one can be a jackpot. An MS68-graded 1884-S sold in 2020 for an astonishing $750,000.

Although over a million were minted, high-grade examples are extremely rare. Fewer than 200 exist in MS63 or better condition. In 2020, an MS68-graded 1892-S Morgan sold for $630,000.

The 1893-S Morgan Silver Dollar coin remained virtually unknown until 2001 when a previously ungraded Vermeule family-owned specimen surfaced. It later received an MS67 grade and sold in 2021 for $2,086,875.

According to experts, finding a 1901-S Morgan in true mint condition is incredibly difficult. There may be fewer than five MS65 or higher examples in existence. The last known sale of such a coin was in 2015, fetching $587,500.

Other Exceptionally Valuable Silver Dollars

While Morgan dollars are the crown jewels of coin collecting, other silver dollars can also fetch impressive prices. Here are two worth noting:

1870-S Liberty Seated Dollar

This coin, minted in limited numbers, is an enigma in the numismatic world. Only 12 are known to exist. One sold in 2003 for $1,092,500.

1885 Trade Proof Silver Dollar

Only five examples of this rare proof silver dollar exist today, making it one of the rarest coins in U.S. history. Whenever one appears at auction, it sells for a jaw-dropping amount. The last recorded sale was for $3,960,000.

Valuable Susan B. Anthony Dollars

Susan B. Anthony dollars, minted from 1979 to 1981 (and briefly in 1999), aren’t made of silver. However, certain rare versions are still worth more than face value.

This variation features a slightly wider rim and is relatively rare. Circulated versions sell for around $5-$10, but uncirculated examples can go for as much as $6,500.

The Type II version, with a distinct “S” mintmark, is rarer than Type I. Low-grade examples sell for $25+, while top-condition pieces can go for several hundred dollars. One unique 1979 Susan B. Anthony coin, graded NGC Genuine, sold for $15,000 on eBay in 2021.

Some 1980-S proofs have a repunched mintmark, making them highly collectible. Regular proofs sell for $25-$80, but a rare repunched mintmark version in a high grade could easily fetch $100+ at auction.

How to Identify Valuable Silver Dollars

If you’ve got a silver dollar and want to know if it’s valuable, here are a few key things to look for:

• Provenance Matters: If the coin has a well-documented history, collectors may pay extra for it.
• Get It Graded: Coins that are professionally graded by services like PCGS often sell for much more.
• Morgan Dollars Are Always in Demand: Unlike some collectible coins that fluctuate in value, Morgan silver dollars consistently attract collectors.
• Not All Silver Dollars Are Valuable: Just because a coin is old and made of silver doesn’t mean it’s worth a fortune. Some are only worth their silver content.

You don’t need to find something as flashy as gold to hit it big—sometimes silver can be just as valuable! Rare silver dollars can be worth a surprising amount of money, and if you’ve got one tucked away in your coin collection, now might be the perfect time to take a closer look. Whether you’re a dedicated collector or just someone who stumbles across old coins every now and then, it’s always a good idea to check what you already have. You never know—what looks like an ordinary old silver dollar sitting in your drawer could actually be the key to a life-changing payday.

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Why Social Security Is So Important

Think about depending on one single source of money to pay for food, housing, and other necessities. That’s the reality for about 40% of the 73 million Americans who receive Social Security benefits. For many seniors, this program is what keeps them from falling into poverty. Without it, nearly 40% of adults over 65 would be living below the poverty line, according to the Center on Budget and Policy Priorities.

When Social Security works properly, it provides a steady safety net. But what happens if something goes wrong? Even a short delay in payments could leave millions struggling to afford basic needs like groceries and rent. This isn’t just a “what if” situation—it’s a real risk if administrative problems occur.

The Problem with Staff Cuts and Changes

At the core of the issue is whether the SSA can keep running smoothly. Former SSA Commissioner Martin O’Malley has raised concerns that decisions made by people who don’t fully understand how the agency works could lead to serious mistakes. These aren’t small errors—they could cause big delays in processing and sending out benefit checks.

Senators Elizabeth Warren and Ron Wyden have also spoken up, addressing these concerns directly to Frank Bisignano, President Trump’s nominee to lead the SSA. In a strong statement, they warned that any failure to ensure timely payments would mean indirectly cutting benefits. They said, “You will be held responsible if the Trump Administration’s actions harm the program and cause delays.”

The senators’ message was clear: the responsibility lies with the SSA’s leadership. If staffing cuts or operational changes make it harder for the agency to deliver benefits, the impact could be devastating for those who depend on them.

Long-Term Problems vs. Immediate Risks

While there are valid concerns about Social Security’s financial future, the more urgent issue is what could happen right now. Experts predict that the trust fund supporting Social Security might run out of money by 2035, which would reduce benefits to about 73% of current levels. But that’s a problem for later. The immediate concern is whether the SSA can keep functioning properly today.

If the agency faces staff shortages or is forced to make major changes without enough preparation, it could lead to delays in payments. For someone living paycheck to paycheck—or in this case, benefit check to benefit check—such a disruption could be disastrous.

Who’s Most Affected?

The people most hurt by any delay in Social Security payments are often those with the least flexibility. Many recipients are elderly individuals who no longer work and have no other income. Others include disabled workers and survivors of deceased beneficiaries. These groups depend heavily on their monthly checks to get by. Any interruption in payments could push them into a financial crisis.

What Needs to Happen Next: Responsibility and Action

The bottom line is that Social Security is too important to risk poor management. While discussions about the program’s long-term future are necessary, they shouldn’t distract from the urgent need to ensure payments continue without interruption. Leaders like Frank Bisignano must focus on keeping the agency running smoothly, even as bigger policy debates take place.

For millions of Americans, Social Security isn’t just a government program—it’s a lifeline. And when it comes to protecting that lifeline, there’s no room for mistakes.

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1. Claiming Benefits Early Without Understanding the Impact

You have the option to claim Social Security as soon as you turn 62, but doing so means locking in a reduced benefit for life. For those born in 1960 or later, full retirement age (FRA) is 67. If you start claiming at 62, your monthly benefit could be slashed by as much as 30%.

For example, if your full retirement age benefit is $2,000 per month, claiming at 62 would reduce it to around $1,400 per month. That’s a $600 difference, which adds up over time.

Before making any decisions, take the time to estimate your benefits. You can easily do this by creating an account on the Social Security Administration’s website and reviewing your earnings statement. Knowing the exact numbers will help you make an informed choice.

2. Not Coordinating Your Claim With Your Spouse

If you’re married, your Social Security decision doesn’t just affect you—it impacts your spouse as well. Whether your spouse is also eligible for benefits or will be relying on spousal or survivor benefits, it’s crucial to plan your filing strategy together.

For instance, if your spouse has little or no earnings history, they may be eligible for up to 50% of your benefit amount. If you file early, you’re not only reducing your monthly check but also potentially lowering what your spouse can receive. Taking time to discuss and coordinate your Social Security plans as a couple can help maximize your total benefits over the years.

3. Claiming Early Due to Fear of Social Security Running Out

You may have heard rumors that Social Security is running out of money. While it’s true the program faces some challenges, it’s not going to disappear anytime soon. Social Security gets most of its funding from payroll taxes, which means it has a steady source of income. Yes, there are concerns about the growing number of retirees, but lawmakers have ways to fix these problems. Even in the worst-case scenario, experts say benefits would likely be reduced—not eliminated.

Claiming early because you’re worried about Social Security running out could lock you into smaller checks for life. And if benefits are cut in the future, you’d end up with even less money. Instead of letting fear guide your decision, focus on what’s best for your long-term needs.

Making the Most of Your Retirement Income

Many people feel like they haven’t saved enough for retirement, but there are ways to boost your income. One way is to make the most of your Social Security benefits. By learning the rules and using strategies like delaying your claim or coordinating with your spouse, you could increase your annual income by thousands of dollars—potentially up to $22,924 or more.

Taking the time to understand how Social Security works can give you peace of mind and help you feel more secure about retirement. With careful planning and a clear understanding of your options, you can make the most of your benefits. Whether you’re planning to claim Social Security in 2025 or later, avoiding these common mistakes will help ensure you don’t regret your decision down the road. After all, this is money you’ve earned—make sure you’re getting the most out of it!

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About Social Security Overpayments

Each year, the SSA distributes around $1.6 trillion in benefits to 70 million Americans. However, overpayments happen when someone receives more money than they were supposed to.

These errors can occur for several reasons, such as:

• An SSA miscalculation
• A failure to report changes in income, marital status, or employment

Regardless of the cause, overpayments must typically be repaid. Since taxpayer funds support Social Security, the SSA is legally obligated to recover any excess payments. In the past, beneficiaries had options to repay gradually—but that’s about to change.

What’s Changing with Overpayment Recovery?

In the past, if you owed money because of an overpayment, the SSA would take 10 percent of your monthly benefit until the debt was paid off. This gave people time to adjust their finances while repaying the extra money.

But starting March 27, things will get stricter. The SSA announced it will go back to withholding 100 percent of a beneficiary’s monthly check to recover overpayments. This full-withholding approach was last used during parts of the Obama and Trump administrations.

Lee Dudek, the acting commissioner of Social Security, explained the reason for the change: “We have a responsibility to protect taxpayer dollars and manage the trust funds carefully. Returning to full withholding helps us do that.”

Not everyone will be affected right away. If you were overpaid before March 27, you’ll stay under the current 10 percent repayment rule. Also, people receiving Supplemental Security Income (SSI), which helps low-income seniors and disabled individuals, won’t face the full-withholding rule

How to Repay an Overpayment

Since the SSA announced this policy shift on March 7, many beneficiaries have been wondering how to repay what they owe. Here’s what you need to know:

• If you receive an overpayment notice after March 27, the SSA will automatically withhold 100% of your benefits until the debt is cleared.
• If full withholding creates a financial hardship, you can contact the SSA at 1-800-772-1213 or visit a local office to request a lower repayment rate.
• Payments can be made via credit card, online bill pay, or check. The SSA can also deduct funds from federal tax refunds if necessary.

Can You Appeal an Overpayment Notice?

Yes! If you believe the overpayment wasn’t your fault or that repaying it would cause financial hardship, you have options:

• You can appeal the SSA’s decision or dispute the amount owed.
• You can request a waiver to avoid repayment entirely.
• While your appeal or waiver request is being processed, the SSA will not collect payments.

The SSA’s updated overpayment policy aims to protect taxpayer money, but it also highlights how important it is to stay on top of your benefits. Whether you’re dealing with an existing overpayment or just want to avoid problems in the future, understanding the rules and knowing your options can make a big difference. Keep an eye on your mail and online accounts for notices, and don’t hesitate to contact the SSA if you have questions or concerns.

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For collectors, these bills are like treasure waiting to be found. But even if you’re not into collecting, it’s good to know what to look for. You never know—you might stumble upon one of these special bills after a regular shopping trip. If you do, here’s how to spot them and figure out what they could be worth.

Three valuable U.S. bills

“Things like the bill’s condition and how rare it is can make a big difference in its value,” said James Smith, who runs Travel-Lingual, a website that explores cultures and currencies around the world. “If you think you’ve found something unusual, it’s a good idea to ask an expert or use a trusted service to get it appraised.”

Here are 3 valuable U.S. bills that could still be hiding in your wallet—if you’re lucky.

1. The 1928 $500 Bill

$500 bills were first made in 1918, but the last ones were printed in 1945. Early versions had a picture of Chief Justice John Marshall, but later ones switched to President William McKinley.

Even though the U.S. government stopped using this denomination in 1969, some of these bills are still out there. A 1928 $500 bill in great condition could be worth over $2,500, according to APMEX. Keep an eye out for this piece of history—it might be closer than you think.

2. The 1950 $100 Bill: A Classic with Franklin’s Face

Among the rare bills that still pop up occasionally, the 1950 $100 note is one of the more common ones. It features a detailed portrait of Benjamin Franklin and is admired for its craftsmanship and historical importance. In decent shape, a 1950 $100 bill might be worth $120 to $150 today. But if it’s in perfect condition, it could sell for over $300, based on recent eBay sales. If you come across one, take a closer look—it could be worth keeping.

3. The 1862 $50 Bill

This bill is a real collector’s dream. Called a “large-size legal tender bill,” it has a portrait of Alexander Hamilton, one of America’s Founding Fathers. These bills were part of the first wave of federally issued paper money during the Civil War.

Because they’re so old and rare, surviving examples of the 1862 $50 bill are extremely valuable. A well-preserved one sold at an auction in 2018 for over $75,000. Finding one in your wallet would feel like winning the lottery—but hey, stranger things have happened!

Why This Matters

While the chances of finding one of these rare bills are small, it’s not impossible. The next time you get cash as change or pull out some bills, take a moment to check them. You never know when a piece of history might land in your hands. And if you do find something unusual, talk to a professional appraiser to confirm it’s real and learn its value. Who knows? That old bill in your wallet might just be worth a small fortune!

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While these programs offer essential financial assistance, certain situations could reduce or even eliminate your benefits. Here’s what you need to know to protect your Social Security income.

1. Claiming Benefits Too Early

Your full retirement age (FRA) is 67, but if you start collecting benefits before then, you’ll receive a lower monthly payment for life. For example:

• Claiming at 66 years and 11 months gives you 99.4% of your full benefit.
• Claiming at 65 reduces your benefit to 86.7%.
• Claiming at 62 means you’ll receive only 70% of your full benefit.

If you claim benefits early and don’t withdraw your claim within a year, this reduction is permanent.

2. Earning Too Much Income While Collecting Early

If you decide to claim Social Security before reaching your full retirement age but continue working, your earnings could lead to smaller benefit checks. The SSA has an earnings limit for early retirees: if your income exceeds this threshold, your benefits will be reduced.

3. Losing Benefits Due to Incarceration

If you’re convicted of a crime and sentenced to more than 30 days in jail or prison, your Social Security benefits will be suspended. This applies to both traditional retirement benefits and SSDI payments. However, the SSA doesn’t act automatically—you’ll need to notify them of your incarceration to avoid complications.

Payments typically resume the month after your release. But while you’re incarcerated, your family members who rely on your benefits—like a spouse or dependent children—can still receive their portion as long as they remain eligible.

4. Taxes Can Take a Portion of Your Benefits

Your Social Security benefits may be subject to taxes if your total income exceeds a certain threshold:

• Single filers earning over $25,000 may have up to 85% of their benefits taxed.
• Married couples filing jointly who earn more than $32,000 could also see up to 85% of their benefits taxed.

Additionally, 12 states impose state income taxes on Social Security benefits, further reducing the amount you receive.

How You Can Lose SSDI Benefits

SSDI benefits are typically lifelong for those who qualify, but several factors can lead to termination:

The most common reason for losing SSDI is returning to work and earning above the SSA’s “substantial gainful activity” (SGA) limit. In 2023, the SGA limit was:

• • $1,470 per month for most individuals.
  • $2,460 per month for blind individuals.

Once you reach full retirement age, SSDI automatically transitions to standard Social Security retirement benefits. Since SSDI payments are usually equal to full retirement benefits, this transition does not impact the amount you receive.

The SSA periodically reviews SSDI recipients to determine if their disability still qualifies. The frequency of these reviews depends on the likelihood of improvement:

• If improvement is expected, reviews happen within 6–18 months.
• If improvement is possible, reviews occur about every three years.
• If improvement is unlikely, reviews are conducted every seven years.

If medical improvements allow you to work, your SSDI benefits may be discontinued.

Incarceration

Like traditional Social Security benefits, SSDI and SSI payments are suspended if you are incarcerated for more than 30 days. If you are imprisoned for over 12 months, benefits are completely terminated, and you must reapply after release. Additionally, recent parolees do not qualify for disability benefits.

Understanding these rules can help you avoid unexpected reductions or loss of Social Security benefits. Whether you’re planning for retirement or receiving disability payments, staying informed can ensure you make the best decisions for your financial future.

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To get your SSI payment on the first day of April, you need to have already applied and been approved for the program. Meeting all eligibility conditions in advance is essential. Additionally, setting up Direct Deposit ensures that your funds arrive on time. Without Direct Deposit, you may still receive your payment, but it could take a few extra days to arrive—without any change in the amount you receive.

Who Qualifies for Monthly SSI Payments?

The Supplemental Security Income program is designed to help those who are most in need. To qualify, you generally need to meet two main conditions: being 65 or older or having a disability, and having limited financial resources. The Social Security Administration (SSA) looks at each case individually, which means eligibility isn’t always as narrow as it might seem. If you’re unsure whether you qualify, it’s worth exploring your options—many people miss out simply because they don’t realize they’re eligible.

Why Some Eligible Americans Don’t Apply

It’s surprising how many Americans who could benefit from SSI never apply. Often, this happens because they don’t know they qualify or assume they don’t meet the requirements. The SSA’s individualized review process means that even if you think you might not qualify, it’s still worth checking. For individuals and families living on tight budgets, the financial support from SSI can make a significant difference.

How Income Affects Your SSI Payment

While the highest possible SSI payment is $967, the amount you receive depends on your income. The program is designed to supplement earnings, meaning that the more income you have, the lower your SSI benefit will be. Conversely, those with lower incomes receive higher benefits, ensuring the most support goes to those who need it most.

Tips for Managing Your SSI Benefits

For anyone relying on SSI, staying informed about the program’s rules and requirements is essential. Making sure you meet all the eligibility criteria and setting up Direct Deposit can go a long way toward avoiding delays. It’s also helpful to understand how factors like income impact your payment. By keeping track of these details, you can better manage your finances and ensure you’re making the most of the support available to you.

Whether you’re new to SSI or have been receiving benefits for years, taking these steps can help simplify the process and give you peace of mind.

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In the world of coin collecting, value comes down to rarity, condition, and unique characteristics like minting errors. Some of the most valuable Lincoln pennies have sold for six or even seven figures, with one topping $2 million! Since many rare pennies were pulled from circulation by collectors long ago, finding these treasures often requires a trip to an auction or coin dealer. Curious about which copper coins could make you rich? Let’s know more about the most valuable ones.

1. 1943 Wheat Penny (Bronze Cent Strike)

This coin is often called the “holy grail” of wheat pennies. The 1943 Lincoln penny was supposed to be made of steel due to wartime copper shortages, but a few were mistakenly struck on leftover bronze planchets. Because of this rare error, these coins are incredibly valuable. One sold for a record $1.7 million, and uncirculated versions have been valued at up to $2.3 million. Even well-worn examples can fetch anywhere from $14,000 to $300,000.

2. 1982-D Lincoln Penny (Copper Small Date)

Most pennies minted in 1982 were supposed to be made of zinc, but a few were mistakenly struck using copper planchets left over from previous production. This rare error makes the 1982-D Small Date Lincoln penny a collector’s dream. Depending on its condition, this coin can sell for anywhere between $10,000 and $30,000 or more.

3. 1909-S VDB Lincoln Penny

This penny marks the first year the Lincoln cent was introduced, replacing the Indian Head penny. What makes it special? The initials “VDB” (for designer Victor David Brenner) were placed on the reverse between the wheat stalks. But before even half a million were minted, the Treasury ordered the initials to be removed, making the 1909-S VDB penny extremely scarce. If you have one in top condition, it could be worth over $117,000.

4. 1872 Indian Head Penny

With just over 4 million minted, this coin isn’t the rarest, but finding one in exceptional condition is tough. Many circulated heavily, so well-preserved examples are highly sought after. Some still retain their original bright red-copper color, making them especially valuable. In pristine condition (graded MS-67), this penny can fetch as much as $126,500.

5. 1969-S Lincoln Penny (Doubled Die Obverse)

A unique minting error makes this penny incredibly valuable. The date and lettering on the front (obverse) appear doubled due to a die misalignment during production. When first discovered in 1970, the U.S. government thought they were counterfeit and confiscated five of them before realizing their authenticity. If you have one in MS-64 condition, it could be worth around $126,500!

Copper pennies might seem like pocket change, but some are worth life-changing amounts. If you ever come across an old penny in excellent condition, it’s worth checking its year and details—you never know if you’re holding a hidden fortune! Whether you’re a collector or just someone hoping to strike it rich, keeping an eye out for these rare pennies could pay off in a big way.

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The Story Behind the 1893-S Morgan Silver Dollar

In 1893, the U.S. economy was in shambles. The Panic of 1893 caused widespread bank failures, railroad bankruptcies, and a severe decline in silver reserves. In response, the U.S. government reduced silver coin production, ultimately leading to the smallest mintage in the Morgan dollar series—just 100,000 coins.

To stabilize the economy, the country shifted to the gold standard, which meant even fewer silver dollars were produced. Many of the already-minted 1893-S coins were later melted down, leaving only around 2,000 known to exist today. Because of this extreme scarcity, owning one is considered a major achievement in the numismatic world.

Why This Coin is So Valuable

Beyond its rarity, the 1893-S Morgan silver dollar carries immense historical importance. The economic fallout from the Panic of 1893 led to the repeal of the Sherman Silver Purchase Act, reinforcing gold as the foundation of the U.S. currency system. This coin represents a pivotal moment in American financial history.

Collectors and investors are willing to pay a fortune for well-preserved examples. One of the highest-quality specimens, graded MS-67, sold for an astonishing $2.1 million in 2021. This shows how historical significance and rarity can drive up a coin’s value, much like special edition quarters and other limited-run coins.

How Much is an 1893-S Morgan Silver Dollar Worth?

The value of an 1893-S Morgan silver dollar varies significantly based on its condition. Even well-worn examples can fetch thousands, while pristine ones are worth six or even seven figures. Here’s a rough breakdown of its value based on grading:

• Extremely Fine (EF-40): $20,000 to $50,000
• About Uncirculated (AU-50): $50,000 to $100,000
• Mint State (MS-60 to MS-67): $100,000 to over $2 million

However, just because one coin sold for $2.1 million doesn’t mean every 1893-S Morgan is worth that much. Proper grading is essential before selling, and professional services like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Company (NGC) can provide an accurate assessment. Even minor flaws—such as hairline scratches, cleaning marks, or oxidation—can significantly reduce a coin’s value.

Be Cautious of Counterfeits

With high-value coins come fakes, and the 1893-S Morgan silver dollar is no exception. Experts estimate that up to 30% of ungraded coins on the market could be counterfeit or tampered with.

To detect fakes, professional grading services use advanced tools like digital imaging, spectroscopy, and high-magnification analysis. NGC even provides an online verification tool that helps collectors compare suspect coins with authenticated ones.

Some common red flags for counterfeit 1893-S Morgan dollars include:

• Fake mint marks: Scammers sometimes add an “S” mint mark to a standard Morgan dollar, but genuine ones have specific characteristics that forgers often miss.
• Surface inconsistencies: Real 1893-S coins have crisp details and smooth surfaces, while counterfeits may have blurry engravings, porous textures, or seams along the edges.
• Artificial toning: Some fakes are chemically treated to look aged, but under ultraviolet light, the unnatural coloring becomes obvious.
• Weight and size variations: A genuine 1893-S Morgan silver dollar should weigh 26.73 grams and have a consistent reeded edge. Deviations of more than 0.1 grams could indicate a fake. Silver is also non-magnetic, so a simple magnet test can help weed out counterfeits.

What Next if You Found it

If you come across an 1893-S Morgan silver dollar, you could be sitting on a small fortune—but don’t rush to sell without verifying its authenticity and condition. Get it professionally graded to ensure you receive its true value. Given its historical importance and extreme rarity, this coin will likely continue to appreciate, making it a prized possession for collectors and investors alike.

So, if you happen to have one in your collection—or even in an old family coin stash—it might be time to get it checked. Who knows? You could be holding onto a million-dollar treasure.

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Every month, the Social Security Administration (SSA) distributes billions in benefits to nearly 70 million people across the U.S. These payments serve as a crucial source of income for retirees, disabled individuals, and survivors. Given the financial challenges many seniors face, even a one-time payment of a few hundred dollars could make a meaningful difference.

Social Security $495 Check: How It Would Work

According to The Senior Citizens League (TSCL), a nonpartisan organization advocating for older Americans, the government could issue a $495 dividend check to seniors if it successfully recovers all overpayments made in a typical year.

This proposed payout is seen as a way to counteract a lower-than-expected Cost of Living Adjustment (COLA) for Social Security in 2026. Early estimates predict a 2.2% increase, but the official COLA announcement won’t come until October. TSCL believes the extra check could help seniors cope with rising costs if the COLA falls short of expectations.

“This would be an effective way to make up for a COLA increase that might not be enough for seniors,” TSCL stated.

The Issue of Overpayments

The SSA has faced criticism in recent years for overpaying beneficiaries—sometimes without their knowledge—only to demand repayment later. Some seniors have been asked to return the full amount within 30 days or risk having their benefits withheld entirely until the debt is repaid.

A report from the Congressional Research Service found that the SSA overpaid beneficiaries by $6.5 billion in the 2022 fiscal year alone. Recognizing the financial strain this can cause, the Biden administration introduced a policy limiting overpayment recovery to 10% of a recipient’s monthly benefits to ease the burden.

However, the SSA recently reversed this decision under the Trump administration. As of March 27, the agency has reinstated a policy requiring full repayment of overpayments immediately—except for Supplemental Security Income (SSI) recipients.

Reaction and Concerns

TSCL Executive Director Shannon Benton voiced concerns about the impact of this policy shift, stating in a March 12 press release:

On the other hand, acting SSA Commissioner Lee Dudek defended the change, emphasizing the agency’s responsibility to properly manage taxpayer funds:

What’s Next?

In a March 7 statement, the SSA explained that restoring the full repayment requirement is expected to recover approximately $7 billion over the next decade. While this may help strengthen Social Security’s financial standing, it also raises concerns about the immediate financial impact on affected seniors.

As discussions around Social Security reforms continue, seniors and advocacy groups will be closely watching for updates on whether the proposed $495 checks gain traction as a potential financial relief measure.

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Here are six major concerns retirees should keep in mind as DOGE scrutinizes the SSA.

1. Delays or Disruptions in Benefits

Efforts to root out waste and inefficiency are essential for ensuring the long-term sustainability of Social Security. However, unchecked reforms could inadvertently harm retirees. Wayne Winegarden, an economist at the Pacific Research Institute, emphasized that while rooting out fraud is necessary, retirees should stay vigilant to ensure their benefits aren’t improperly affected.

Retirees have already voiced concerns about potential cuts. On AARP forums, many shared frustrations about the uncertainty surrounding these changes. Jean M., a retiree, expressed her dissatisfaction, saying, “The cuts to SSA are unacceptable to me and many seniors. DOGE’s actions feel arbitrary and poorly thought out, making them both inefficient and dangerous.”

2. Increased Strain on the System

The newly passed Social Security Fairness Act has added about 3.2 million new beneficiaries to the system, according to Ryan Monette of Savant Wealth Management. The legislation, signed into law by former President Joe Biden in January 2025—just before Donald Trump began his second term—has raised concerns about the program’s long-term sustainability.

“Expanding Social Security to additional recipients puts more pressure on the trust fund,” Monette explains. “This could make it even harder to ensure future payouts remain stable.”

3. The Possibility of Future Benefit Cuts

Although Social Security benefits for current retirees remain unchanged, Winegarden cautions that without major reforms, reductions may be inevitable in the coming years.

“One of the biggest misconceptions is that Social Security is financially secure,” he says. “The reality is, without intervention, across-the-board cuts could be necessary in the near future.”

4. Uncertain Future of Social Security

Each year, reports from the Social Security and Medicare Trust Fund highlight the program’s looming financial shortfalls. Without meaningful policy changes, Social Security may struggle to maintain full benefit payments.

One potential solution, Monette suggests, is removing the income cap on Social Security taxes—currently set at $176,100 for 2025. “If all earned income were taxed at the existing 6.2% rate, it would significantly increase revenue for Social Security,” he says. “This, along with other adjustments, could help address the funding shortfall.”

5. Risk of Improper Payments

While DOGE’s investigation aims to reduce inefficiencies, retirees must remain proactive about monitoring their benefits. Winegarden warned that poorly executed reforms could disrupt proper payments or reduce operational efficiency.

On the flip side, he added, stopping improper payments is a necessary step—even if it temporarily causes confusion. Retirees who are entitled to their benefits won’t see changes, but staying informed and double-checking payment accuracy is crucial.

6. Policy Changes That Could Affect Retirees

Though current retirees’ benefits are safe for now, long-term funding challenges may lead to policy shifts that indirectly impact them. For instance, younger workers might face higher taxes or reduced benefits, altering how they plan for retirement.

Monette explained that Social Security has traditionally been part of the “three-legged stool” of retirement planning, alongside pensions and personal savings. If the program’s funding issues deepen, lawmakers might tweak cost-of-living adjustments (COLA) or auxiliary benefits, which could gradually affect current retirees.

To prepare for potential changes, Monette advises retirees to take stock of their finances now. “List your current expenses, separating fixed costs from variable ones,” he said. “Categorize your needs versus wants so you can adjust your spending if necessary.”

DOGE Looking Into the SSA

While DOGE’s investigation into the SSA aims to improve efficiency, retirees must stay informed and proactive about any potential changes. Monitoring policy updates, staying engaged in discussions, and planning ahead will be crucial in safeguarding financial security during retirement.

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