Third round of January Social Security payments goes out today
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 today. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.
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 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.
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: 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.
2 2025 Spousal Social Security Benefit Changes All Married Couples Need to Know
The start of a new year usually means changes to Social Security, and this year is no different. The changes to Social Security retirement benefits and changes that affect workers still paying into the program often get the most attention,
3 Things Too Many People Constantly Get Wrong About Social Security
Key Points Delaying Social Security only makes sense up to a certain point. Filing early isn’t necessarily a mistake you can’t undo. Not having an earnings history doesn’t automatically mean you can’t get benefits.
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
When should you claim Social Security? Retirement strategist explains key considerations.
Mike Conrath, chief retirement strategist at JPMorgan Asset Management, emphasized that the most important thing is to be well-informed about the factors to consider when deciding when to claim Social Security.
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 ...
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.
MARCA14h
What types of income do not count against your Social Security benefits? Here are the exceptions
Receiving your Social Security benefits does not mean you are prohibited from receiving money from other sources. The extra ...
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.
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 ...
Social Security Cost-of-Living Adjustment (COLA) Projected To Shrink Further in 2026
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...
How About We Delay Social Security In Return For A Delayed 401k Tax?
In return for America’s workers voluntarily delaying their earliest Social Security benefits from 62 to 72, the volunteers ...
PowerSchool hack exposes 312,000 NC teachers’ Social Security numbers
About 312,000 North Carolina teachers’ social security numbers were exposed in the PowerSchool breach, the North Carolina ...