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%.
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."
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 you?
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 receiv
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.
Understanding Changes in Social Security Fairness Act
As President Donald Trump’s health care agenda for a second term takes shape, it’s becoming clear that many Biden-era policies won’t make the cut. The owner attributed the lack of customers to parking on Water Street and recent construction. Having it regularly can increase your risk of cardiovascular disease.
Social Security: Here's What Happens to Your Benefits if You Get Divorced in Retirement
The bad news is that you'll lose spousal benefits once you're no longer married, but you could be entitled to a different type of benefit. You'll only qualify for spousal benefits if you're currently married to someone who is entitled to either retirement or disability benefits.
Third round of January Social Security payments goes out tomorrow
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 tomorrow. Here is all you need to know about this month’s Social Security payments,
I’m 62 With $2 Million. Should I Take Social Security or Wait?
Key Points from 24/7 Wall St. Age 62 is the earliest age to claim Social Security, and it results in a reduced benefit for life. If you have nice savings, an early filing won't necessarily hurt your retirement finances.
Social Security: regulations that all retirees need to know
Understanding the intricacies of Social Security can significantly impact your financial future. Whether you're planning to claim benefits soon or are already a recipient, knowing the key aspects of the program is crucial.
Should I Take Social Security at 67 or 70? Suze Orman's Advice
Financial expert Suze Orman has some strong opinions about whether it's better to take social security at 67 vs. 70. Learn about the pros and cons of both options to help you decide which retirement age is best for you.
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 ...
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 ...
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 ...
This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By
Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including ...
Social Security update: February direct payment worth $967 goes out in 11 days
The Supplemental Security Income program gives payments to those living with debilitating disabilities which may affect their ...
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 ...
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.
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 ...