Social Security Got a Shake-Up in 2025, and 3 Changes May Surprise Retirees
The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and wages. The latest round of revisions took effect in January, and a recent survey published by Nationwide Retirement Institute suggests some of the changes will surprise many Americans.
Higher Social Security Benefits Under New Law Delayed—How Long Will You Have To Wait?
Retirees looking forward to increased benefits because of the Social Security Fairness Act may now have to wait more than one year due to reduced funding for the Social Security Administration (SSA).
3 Problems With Social Security You Need to Know About Before You Retire
Key Points Although Social Security helps many seniors get by financially, the program has its share of problems. Benefit cuts may be coming to Social Security, leaving retirees with less money. Social Security benefits can be taxable,
Why Some Americans' Social Security Benefits May Have Been Suspended
Americans living abroad may have had their Social Security benefits suspended if a required form wasn't submitted in time.
3 Little-Known Factors That Could Affect Your Social Security Benefits
A growing number of Americans are heavily reliant on Social Security to make ends meet in retirement. 60% of retirees said Social Security represents a major source of income for them, according to the most recent edition of an annual Gallup poll.
I’m Getting $3,000 a Month From Social Security. How Much Savings Do I Need?
Wall St. A larger Social Security benefit takes the pressure off your savings. Think about your desired retirement lifestyle and plan for one-off expenses. Use a time-tested withdrawal rate to figure out what nest egg to aim for.
I Ran the Math and Found That Social Security Can Be Worth as Much as $1.5 Million
Social Security provides crucial benefits to millions of retirees today. And while you’ll often hear that those benefits aren’t so generous, the reality is that some seniors get a pretty nice paycheck out of Social Security each month.
Impact of working while receiving Social Security
Balancing work and Social Security benefits can be a strategic move for many Americans. Understanding the nuances of how earned income affects your benefits is crucial for making informed financial decisions.
Social Security Administration Stops Issuing Sex Marker Changes After Trump Order
The Social Security Administration sent out an “emergency message” on Friday that will stop allowing people to change their sex in the records of the federal agency.
Trump’s federal worker buyout could impact Social Security benefits for millions, senator says
On Tuesday, the Trump administration sent a memo to millions of federal workers offering a “deferred resignation,” which ...
Social Security February direct payment worth $967 goes out today
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries today.
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at ...
Social Security is sending out $1,000 checks on Friday, Jan. 31: find out if you’re getting one
Before the end of January 2025, the Social Security Administration is due to pay out one last round of benefit checks.
Federal assistance freeze won’t halt Social Security or Medicare payments
Nothing in this memo should be construed to impact Medicare or Social Security benefits,” the memo from the Office of ...