Social Security Fairness Act: More Money and Back Payments for Qualifying Recipients
The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments. Here's what we know so far.
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."
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%.
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?
How to Withdraw From Social Security Benefits and Why You'd Want To
If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead of canceled completely. Another benefit is you don't have to submit a form to suspend your benefits -- you can just call the SSA and they can take care of the rest for you.
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 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 income.
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
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.
First round of February Social Security payments go out in 20 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 20 days. Here is all you need to know about this month’s Social Security payments,
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.
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 ...
Daily Freeman on MSN12m
Ryan says temporary closure of Poughkeepsie Social Security office will cause hardship
The city’s Social Security Administration Office is temporarily closing due to renovations and causing significant ...
PowerSchool hack exposes 312,000 NC teachers’ Social Security numbers
WILMINGTON, N.C. (WECT) - About 312,000 North Carolina teachers’ social security numbers were exposed in the PowerSchool ...
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 ...
I’m a Finance Expert: Here’s What Social Security Reform Should Look Like
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 ...
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 ...
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 ...
Some Americans will get nearly $1,000 from Social Security on Jan. 31: find out if you’re on the list
The Social Security Administration is preparing to send out one final batch of payments before the end of January 2025.