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Social Security, Bessent and forcing privatization

Bessent tries to walk back comments suggesting Social Security could be privatized

Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a "backdoor" to start privatizing Social Security.

USA TODAY · 5d

How Social Security privatization could change the role of IRAs in your portfolio

There's nothing like the knowledge that your benefits aren't going to be as much as expected to inspire you to find other ways to build savings.

POLITICO on MSN · 3d

Leavitt cleans up Bessent’s Social Security privatization comments: ‘Supplement, not substitute’

Press secretary Karoline Leavitt said Trump will protect Social Security, after Bessent said newborn accounts are a “backdoor for privatizing” it.

Social Security payments begin for month of Aug.

The Motley Fool · 35m

Here's Why August Is a Crucial Month for Social Security

As such, the way inflation trends in August will have a huge impact on next year's Social Security raise. Similarly, in mid-August, the Bureau of Labor Statistics is set to release its CPI-W data from July. So that should give an even stronger clue as to what might be in store for 2026.

USA TODAY · 3d

Expecting a Social Security payment? See schedule for August in Michigan

Social Security payments in August will follow a normal schedule for Michigan retirees and others who receive money, however those who were previously overpaid by the Social Security Administration may see smaller benefit checks.

Savannah Morning News on MSN · 2d

When will Social Security payments arrive to Georgians in August 2025? See schedule

Social Security payments for August will soon be distributed to more than 1.9 million Georgia residents. See the schedule.

21hon MSN

Are Social Security Cuts a Myth? Here's What's Really Happening.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

22h

Clearing up the confusion: Social Security disability benefits and incentives to work

Disability benefits are for those who have been deemed to be unable to work, although there are all kinds of work incentives ...

30m

This Is the Average Social Security Benefit for Age 70

The average Social Security benefit at 70 is higher than the benefits at the other eight claiming years (62 to 69). The ...

14hon MSN

BRN: The Social Security COLA and what it means

Every year, Social Security is eligible for a COLA. When inflation remains flat, Social Security benefits remain flat. When ...

18hOpinion

A Good Plan to Keep Social Security Solvent

A proposal by Sens. Bill Cassidy and Tim Kaine could help fill the funding gap.

21hon MSN

3 Social Security Changes Coming in January 2026: What You Need to Know.

There's also another key change on the way that will affect many retirees but isn't a Social Security change per se.

FingerLakes1.com1d

Social Security tax not eliminated: What you need to know now

Despite political claims, Social Security benefits are still taxed. Here's how the 2025 law actually works for seniors.

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