President Donald Trump’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension").
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,
President Donald Trump has frozen $3 trillion in federal funds until his administration completes a full spending review. Here’s what it means.
Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.
A freeze warning rocked the U.S. this week. And it had nothing to do with the weather. On Monday, the Trump administration issued a memorandum that instructed federal agencies to temporarily pause all grants,
The White House rescinded a pause on all Federal grants and loans, but the short-lived action shined a light on what could come in the future.
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.
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
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.
Like most elected officials, Donald Trump recognizes that Social Security is vital to the financial well-being of our nation's retirees. But he's not oblivious to the fact that altering Social Security comes with potentially negative ramifications. While speaking at the Conservative Political Action Conference in March 2013, Trump said: