Borrowers who defaulted on their federal student loans will no longer be at risk of having their Social Security benefits garnished, an Education Department spokesperson said this week. The ...

Student loan debt is a problem that doesn’t just affect young people. More seniors are getting sued over student loans they ...

Social Security COLAs are based on third-quarter changes to the Consumer Price Index for Urban Wage Earners and Clerical ...

Do you know who can garnish your monthly Social Security benefit? Or take the funds from your bank account? Learn how to ...

Understanding the maximum Social Security benefits you can receive at full retirement age is crucial for effective retirement ...

Current reports wage garnishment may affect millions as student loan collections restart. Borrowers can consolidate or ...

RI Social Security recipients could get a 2.7% raise in 2026. But Medicare Part B premiums are set to rise even more, eating most of the COLA.

That has led Social Security beneficiaries who have had their payments garnished to increase 3,000% over the same period, according to the Consumer Financial Protection Bureau.

Answer: Social Security was designed as insurance for those who could no longer work, and a retirement earnings test has been a part of the system from its creation in 1935.