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 19 days. Here is all you need to know about February’s Social Security payments,

Having sent out all January checks, the Social Security Administration is now preparing to get February’s payments underway.

As we step into 2025, Social Security and Supplemental Security Income (SSI) payments see adjustments based on the 2.5% cost-of-living increase (COLA). This increase raises the ma

The monthly payment schedule for Social Security checks has three waves, all occurring on Wednesdays. The upcoming check is part of the third wave.

Almost all Social Security beneficiaries are familiar with the most popular and publicized change: the increase in monthly benefit checks for 2025 due to the automated cost-of-living adjustment, or COLA. As you already know, that increase will be 2.5%.

But you should know that if you're planning to retire on Social Security alone this year, you may be setting yourself up for some pretty tough times ahead. Here's what your monthly income might look like -- and why it may not be anywhere close to enough.

Although millions of Americans do not have to pay taxes on their hard-earned Social Security checks, federal and state tax laws can effectively reduce the payments retirees receive. Nine states still tax Social Security benefits in 2025,

As simple words go, “retirement’’ carries a lot of weight and a lot of baggage. Now that retirement is bouncing around in your mind, and you entertain the thought of giving up your day job, you ask yourself: One answer responds to both questions.

How has the average Social Security benefit changed over time? A lot has changed for Social Security over the past 50 years, including the amount recipients receive. At the end of

Waiting to apply will often increase how much Social Security you collect over your lifetime. The Social Security Administration assigns everyone a full retirement age (FRA) based on their birth year.