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 receiv
A few of those born in 1959 will reach their full retirement age (FRA) in 2025. Your FRA plays a big part in the size of your checks. Some seniors may see a benefit boost when they reach their FRA. Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting.
This Is What 2026 COLA Will Be for Social Security Benefits
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.
Checks are issued throughout the month, based on the recipient's birth date or the duration of time they have been receiving benefits.
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and Windfall Elimination Provision rules. Biden touted the bill as a way
If Social Security reserves are depleted by 2033, as predicted, future benefits could be cut by as much as 21%. Here’s how to weather the impending storm.
The Supplemental Security Income program gives payments to those living with debilitating disabilities which may affect their income.
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.
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,
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of the previous year. In that sense, COLAs are a reimbursement mechanism to compensate retirees for the buying power benefits lost in the previous year.