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.
5 Things Seniors Should Know About Social Security and COLA Before They Retire
According to a recent Social Security COLA survey by The Motley Fool that asked 2,000 retirees about the COLA, 81% of retirees say that the 2025 COLA will not help them keep up with their essential living expenses. And it isn't hard to see why.
How to Withdraw From Social Security Benefits and Why You'd Want To
If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead of canceled completely. Another benefit is you don't have to submit a form to suspend your benefits -- you can just call the SSA and they can take care of the rest for you.
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.
What types of income do not count against your Social Security benefits? Here are the exceptions
Receiving your Social Security benefits does not mean you are prohibited from receiving money from other sources. The extra money can be essential for unforeseen needs or any situa
Social Security Update: Payments of Up to $5,108 to Be Paid This Week
Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month. If benefits are claimed at the earliest possible age of 62, that maximum payment drops to $2,831.
2 2025 Spousal Social Security Benefit Changes All Married Couples Need to Know
The start of a new year usually means changes to Social Security, and this year is no different. The changes to Social Security retirement benefits and changes that affect workers still paying into the program often get the most attention,
I’m 63 and tried claiming Social Security early, but it was declined because I’m still working. Is that allowed?
Dear Help Me Retire, I am 63 and decided I want to go ahead and start drawing my Social Security retirement benefits.  I am still working full time. I was told that I cannot receive any Social Security benefits as long as I am working full time and make more than the annual $23,
3 Social Security Rules All Retirees Need to Know in 2025
A s you might expect, a program like Social Security is loaded with rules. Some of them may be pretty obvious -- such as, the earliest age you can sign up is 62, and you get rewar
3 Things Too Many People Constantly Get Wrong About Social Security
Key Points Delaying Social Security only makes sense up to a certain point. Filing early isn’t necessarily a mistake you can’t undo. Not having an earnings history doesn’t automatically mean you can’t get benefits.
Can You Collect Unemployment and Social Security?
If you recently lost your job and are nearing retirement age, you may be eligible for unemployment assistance and Social Security benefits. Eligible applicants can receive both at the same time. Unemployment benefits are distributed to workers who have lost work and meet specific requirements.
Some People Born in 1959 Will Reach a Major Social Security Milestone in 2025
Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting. They won ...
Trump's mass deportation plan could drain more than $20 billion a year from Social Security
President Donald Trump's mass deportation plans could have a significant economic side effect: draining Social Security ...
Are Social Security Offices Closed Today? List of Hours During Winter Storm
As a rare winter storm sweeps across the United States, many Social Security offices have temporarily closed their doors.
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from ...
Persistence by local woman led to the passage of Social Security Fairness Act | Opinion
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
Billions in fishy Social Security payouts show why we need DOGE to stop fraud | Letters
In 1983, the Windfall Elimination Provision and the Government Pension Offset, which reduced Social Security payments for ...
Everything You Need to Know About Social Security’s WEP and GPO
The Government Pension Offset, or GPO, was another provision that can significantly reduce Social Security benefits. GPO also ...
PowerSchool hack exposes 312,000 NC teachers’ Social Security numbers
About 312,000 North Carolina teachers’ social security numbers were exposed in the PowerSchool breach, the North Carolina ...