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?
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."
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
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.
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.
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.
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 living paycheck to paycheck and having to pay for unplanned expenses. There's a popular Social Security misconception that refuses to die,
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.
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,
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
Some People Born in 1959 Will Reach a Major Social Security Milestone in 2025
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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As Social Security is set to be insolvent in 7 years, its future is 'disturbing' says economist
With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to ...