Social Security February direct payment worth $967 goes out in nine days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in nine days. The next SSI payments are scheduled to be distributed on Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income, according to the Social Security Administration.
How to Withdraw From Social Security Benefits and Why You'd Want To
Social Security benefits become available to those who qualify as early as the age of 62, but if you can wait until 70, you'll get the maximum payment in your monthly check. That said, sometimes it doesn't make financial sense to wait.
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits for 2.8 million Americans that some say have had their checks unfairly reduced over the years. As a result, these seniors are now entitled to back pay. Here's what we know so far.
Third round of January Social Security payments goes out today
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.
Social Security Sees Drop in People Collecting Survivor Benefits
The number of people collecting Social Security survivor benefits in the U.S. has dropped by nearly 50,000 over the past year. Why It Matters The Social Security Administration (SSA) delivers survivor benefits to nearly 6 million people each year.
5 Things Seniors Should Know About Social Security and COLA Before They Retire
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of goods and services.
Some People Born in 1959 Will Reach a Major Social Security Milestone in 2025
For some, it may pass virtually unnoticed, while for others, it could bring big changes to their checks. The Social Security Administration assigns everyone a full retirement age (FRA) based on the year they were born.
When Are February 2025 Social Security Payments Coming?
Checks are issued throughout the month, based on the recipient's birth date or the duration of time they have been receiving benefits.
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.
Interested in Collecting Social Security Benefits Abroad? See If You Qualify
In most cases, you can collect certain types of Social Security benefits if you retire or live abroad, but there are some exceptions. Here's what you need to know.
The 4 Best Retirement Income Sources to Supplement Your Social Security Benefits in 2025
The average Social Security beneficiary will receive about $23,712 in 2025. While that's a good chunk of money, it's not enough for most people to live off of comfortably. Married couples might fare a little better because they'll have two checks instead of one,
How Much Could Trump’s Social Security Pick Impact Your Benefits? What to Expect in 2025
President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for ...
Social Security Payment: Here's who will receive their first $1,976 check under the Trump administration this week
Social Security payments are a vital source of income for millions of Americans, especially retirees, disabled individuals, and their dependents. As we enter a new week under the T ...