beneficiaries Archives - Citizen Watch Report

Millions of SSA beneficiaries are getting surprise $6K payments.

March 15, 2025 11:02 pm

Millions of people are noticing a surprise payment in the $6,000 range in their bank account. The money is from the Social Security Administration, and NBC 5 Responds has heard from retirees who say they’ve received the extra cash but don’t know why. The answer: The $6,000-ish payments are thanks to the Social Security Fairness …

WARNING: Social Security crisis: Beneficiaries face 21% benefit cut without reforms, says CFRB

September 8, 2024 2:43 pm

A new report finds that Social Security recipients face a 21% cut when a crucial trust fund that’s on pace to be depleted in 2033 runs dry and that neither of the leading contenders in this year’s presidential election has articulated a plan to stabilize the program. The nonpartisan Committee for a Responsible Federal Budget …