Social Security January 2025: The Last Round of Payments Is Headed Out
We're nearly half way into January and another set of Social Security checks will soon be headed out to beneficiaries. The 2025 COLA increase is officially in place and recipients should see a 2.5% increase to their monthly payments.
How Much Higher Will Your Social Security Benefits Be If You Wait an Extra Year?
You can claim Social Security benefits starting at the age of 62. However, the earlier you claim your benefits, the smaller your checks will be. Waiting longer to begin your benefits can have a huge payoff,
Spousal Social Security Benefits: 5 Things All Retired Couples Should Know
Spousal benefits are designed to provide much-needed retirement income to married couples for which one spouse had a relatively low income. The most prevalent example is situations in which one spouse was a stay-at-home parent. However, spousal benefits can also apply in cases in which one spouse simply earned a much higher average salary.
Social Security Fairness Act: What Will Happen to Your Benefits Now That It’s Become Law?
The Social Security Fairness Act (SSFA), which was recently signed into law by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from
Social Security Fairness Act opens access to benefits for public employees
According to a news release by U.S. Senator Bill Cassidy, the Social Security Fairness Act ensures that public sector workers and their families in Louisiana will receive their full Social Security benefit.
Social Security Benefits To Change for Thousands Under New Proposals
Lawmakers in two states are pushing to change rules around the taxation of Social Security benefits. Why It Matters. Tens of millions of Americans receive Social Security benefits
How Unauthorized Immigrants Help Finance Social Security Benefits
Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.
1 Little-Known Social Security Rule Could Boost Your Monthly Check Up to 26.7% in 2025, Even If You've Already Claimed Benefits
The age at which you decide to claim Social Security retirement benefits can have a huge impact on the size of your monthly check. Those claiming early typically receive a smaller benefit than those who wait.
Bridging the gap to Social Security with an annuity: How it works
Claiming Social Security before your full retirement age can stunt your monthly payouts for the rest of your life. For people born in 1960 or later, full retirement age is 67, though you can claim Social Security benefits as early as age 62.
Social Security February direct payment worth $967 goes out in 13 days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 13 days. The ...
'What are people going to do?': Some nearing retirement on LI worry about future Social Security benefits
"I'm very worried — how am I going to survive?" Huntington resident Leann Pisano, 58, a recent nursing school graduate, said ...
Game-Changing Social Security Boost For Teachers & Public Workers
The Social Security Fairness Act eliminates two provisions, the WEP and the GPO, that have been penalizing a sizable portion ...
Social Security Update: Second round of January Social Security payments goes out in two days
Retirees will receive their Social Security checks depending on when their birthday falls and the checks are sent out in ...