The Trump administration temporarily halted nearly all federal grants, loans, and other financial assistance to beneficiaries in a surprise move Monday to reassess federal spending. The order came from the Office of Management and Budget in a memo to government agencies directing them to eliminate any federal funding advancing “Marxist equity,
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently walked back the freeze after a federal judge issued a temporary restraining order.
President Donald Trump's recent freeze on federal grants and loans has sparked concerns about how it might affect key social programs, particularly Social Security. But will retire
A federal judge temporarily blocked President Donald Trump's attempt to pause funding for federal grants and loans. But are food stamps (SNAP), Social Security, Medicare, and Medicaid safe?
White House press secretary Karoline Leavitt said that Social Security, Medicare and food stamps would not be affected by the decision to freeze federal aid. NBC News’ Sahil Kapur reports on the Trump administration’s first White House press briefing and whether Medicaid could be among the programs affected.
Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will see delays as the SSA manually adjusts benefits as a result of the Social Security Fairness Act.
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
If passed, new legislation would allow disabled Americans to marry without losing Supplemental Security Income (SSI) benefits.
Individuals living with ALS are automatically eligible for Medicare when they start receiving Social Security benefits. Medicare should cover most diagnostics and treatments, but this depends on the type of service and whether it is deemed medically necessary.
A lot of older Americans look forward to their Medicare enrollment because they assume it'll mean affordable healthcare from that point forward. In reality, the costs enrollees face under Medicare can be downright astronomical.
NewsNation political and economic contributor Mick Mulvaney, who served as the former director of the Office of Management and Budget under Trump, told “Elizabeth Vargas Reports” the administration’s blocked attempt to freeze federal funding for grants, loans and other financial assistance is about impoundment.