Social Security 2025: Here's What the COLA Increase Means for Your Wallet
Social Security COLA increase goes into effect in just a few weeks. Here's what it means for your monthly check going forward.
Social Security's full retirement age is increasing in 2025: What to know
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
The average Social Security benefit for people at age 65, 75 and more
Social Security has a big birthday coming up next year -- it's turning 90! It's kept many millions of people out of poverty for decades and was recently supporting more than 71 million people with around $1.5 trillion in benefits for the year.
Here’s how a 40-year law on Social Security impacts retirement in 2025
In 1983, Congress passed a law that gradually increased the age at which people may receive 100% of their Social Security benefits from 65 to 67, a change that was felt over the following decades as Americans approached their retirement age, according to Bipartisan Policy Cente r. The increase aimed to match increasing life expectancy.
Congress passed the Social Security Fairness Act. Millions of people could see more in benefits as a result.
The Senate voted early Saturday morning to repeal two laws that prevent many public employees from receiving Social Security, a move that is expected to weigh on the overall solvency of the Social Security system.
Spousal Social Security benefits: 4 things all retired couples should know
If you wait to claim spousal benefits until your full retirement age, you can receive up to half the amount of your spouse's benefit.
Social Security update: First round of January payments worth up to $4,873 goes out in 14 days
Social Security beneficiaries who were born between the 1st and the 10th of a month will receive their regular monthly checks ...
Senate approves bill to expand Social Security to millions of Americans
Legislation now headed to President Biden's desk comes with the Social Security Administration staffed at a 50-year low.
Social Security Update: Payment of up to $4,873 To Go Out Before Christmas
The first adjusted payments will be made in December 2024 for those who collect Supplemental Security Income (SSI), which is issued to blind and disabled Americans with little to no income and assets, ...
Here are some factors that can take a big slice out of your Social Security check
While some deductions are optional, garnishments and levies for federal debts and court orders can slash retirement benefits.
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Social Security Matters
Dear Rusty: Please explain the Medicare premium increase based on income reported to Social Security? For those of us ...
Final round of December payments worth up to $4,873 goes out today
Retirees will receive their Social Security check depending on when their birthday falls and the checks are sent out in three ...