President Donald Trump has frozen $3 trillion in federal funds until his administration completes a full spending review. Here’s what it means.

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’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.

Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.

The White House ordered a pause on all Federal grants and loans but left Social Security and Medicare off the list.

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.

A federal judge has temporarily blocked President Donald Trump's freeze on federal grants and loans that could total trillions of dollars.

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.

The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still face high prices.

But actually, Medicare eligibility doesn't usually begin until age 65 (there can be exceptions for people with certain medical conditions). So if your plan is to retire at 62 and sign up for Social Security and Medicare at the same time, you'll need to rethink it.

Social Security benefits form the bedrock of income for millions of Americans—and those who claim Supplemental Security Income (SSI) will be paid this week. Adults and children with disabilities, or who are blind, with little to no income are eligible to receive SSI.

Individuals living with ALS are automatically eligible for Medicare when they start receiving Social Security benefits. Medicare should cover most diagnostics and treatments, but this depends on the type of service and whether it is deemed medically necessary.