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.
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
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 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.
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 checks. Some seniors may see a benefit boost when they reach their FRA. Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting.
As a rare winter storm sweeps across the United States, many Social Security offices have temporarily closed their doors. Newsweek has rounded up a state-by-state list of Social Security Administration (SSA) office closures for Wednesday, January 22. Newsweek reached out to the Social Security Administration via email for comment.
Receiving your Social Security benefits does not mean you are prohibited from receiving money from other sources. The extra money can be essential for unforeseen needs or any situa
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
Checks are issued throughout the month, based on the recipient's birth date or the duration of time they have been receiving benefits.
Former Louisiana Congressman Garret Graves' Social Security Fairness Act repeals WEP and GPO penalties for millions of government retirees.
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
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,