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Beneficiaries

All articles tagged with #beneficiaries

Epstein Estate Trust Names Girlfriend and Inner Circle as Heirs
business22 days ago

Epstein Estate Trust Names Girlfriend and Inner Circle as Heirs

Jeffrey Epstein’s late-1953 Trust, disclosed in DOJ files, earmarks about $100 million for his girlfriend Karyna Shuliak (including a $50 million annuity) and assigns $50 million to his lawyer Darren Indyke and $25 million to his in-house accountant Richard Kahn; other named beneficiaries include Epstein’s brother Mark Epstein, Ghislaine Maxwell, and Harvard professor Martin Nowak among roughly 40 potential heirs. The estate’s value has fallen from about $600 million to roughly $120 million after taxes, legal fees, and settlements, while a victim-restitution fund has already paid out more than $121 million, with no provision for abuse victims in the trust.

Government Shutdown Delays Social Security COLA Announcement and Payments
world4 months ago

Government Shutdown Delays Social Security COLA Announcement and Payments

The announcement of the 2024 Social Security cost-of-living adjustment (COLA) has been delayed due to the ongoing government shutdown, which also affects the timing of benefit increases and highlights concerns about rising costs and the calculation method for COLA, with proposals to change the index used to better reflect older Americans' expenses.

2026 Social Security COLA: Key Updates and Impact for Beneficiaries
economy4 months ago

2026 Social Security COLA: Key Updates and Impact for Beneficiaries

The Social Security COLA for 2026, expected to be announced in October 2025, will adjust benefits based on inflation data from 2025, helping beneficiaries maintain their purchasing power amid rising living costs. The adjustment depends on factors like inflation trends, energy, healthcare, and housing prices, and will take effect in January 2026. Beneficiaries are advised to stay informed and plan accordingly.

Trump Admin Introduces New, Optional Changes to Social Security Policies
government6 months ago

Trump Admin Introduces New, Optional Changes to Social Security Policies

The Trump administration clarified that a proposed change to the Social Security Administration's phone policy, which would have made routine account updates more burdensome, is now optional, alleviating concerns about increased obstacles for seniors and disabled individuals. The change would have required visits to field offices and online PIN authentication, but beneficiaries can now choose not to use the PIN and avoid office visits.