First round of February Social Security payments go out in 20 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 20 days. Here is all you need to know about this month’s Social Security payments,
Some Social Security Recipients to Get Higher Benefits Under New Bill
Proposed legislation aims to increase Social Security benefits for adults with intellectual or developmental disabilities by eliminating the "marriage penalty."
Don't Claim Social Security at 62 Unless You Understand This
Specifically, you lose 5/9 of 1% of your PIA per month for up to 36 months when claiming early, then 5/12 of 1% for every month thereafter. That means signing up for Social Security at 62 can reduce your checks by up to 30%.
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.
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.
2.8 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.
What is the average social security payment at age 65 in 2025? Here's how much benefits can you get
In 2025, the average Social Security benefit for a retired worker at age 65 is approximately $1,545 per month, representing 86.7% of the full retirement benefit, which averages aro
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
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.
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,
I'm 67 With $900k in My 401(k), $200k in Cash and $2,400 Social Security Benefit. What's My Retirement Budget?
From one perspective, by age 67 your retirement budget is largely set in stone. The accumulation phase of your working life is over, and whatever set of savings and benefits that you have is… well, what you have.
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: What Changes Could Happen Under Trump?
Trump has pledged to end taxes on Social Security income, which could change payments for millions of Americans.
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.
Social Security Fairness Act to bring relief to retired public sector workers in US
The Social Security Fairness Act of 2024 removes the Windfall Elimination Provision and Government Pension Offset rules, benefiting nearly 3 million r ...
Don’t Fall for the Suspended Social Security Number Scam
The suspended Social Security number scam usually begins with a phone call or robocall. Criminals will often spoof the Social ...
New tax cuts could have huge implications for Social Security
Social Security payments have been helping seniors supplement their retirement income since the Social Security ...
China Market Update: China’s Social Security Fund Told To Buy Stocks
Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff ...
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 ...