What you should know about changes to Social Security benefits in 2025
This week, retirees across the United States will receive their monthly Social Security payments. With a significant adjustment in 2025, millions will see changes in their income.
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?
5 Things Seniors Should Know About Social Security and COLA Before They Retire
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of goods and services.
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
Interested in Collecting Social Security Benefits Abroad? See If You Qualify
In most cases, you can collect certain types of Social Security benefits if you retire or live abroad, but there are some exceptions. Here's what you need to know.
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 living paycheck to paycheck and having to pay for unplanned expenses. There's a popular Social Security misconception that refuses to die,
Bad News for Social Security Retirees: 2025 COLA Fails to Keep Up
Social Security’s cost-of-living adjustment (COLA) mechanism, designed to safeguard the buying power of benefits against inflation, faces challenges as inflation trends upward. The COLA for 2025, based on inflation data from the third quarter of 2024,
Bad news with the Social Security COLA in 2025
Social Security beneficiaries have relied on annual cost-of-living adjustments (COLAs) to maintain their purchasing power.
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
Social Security beneficiaries have received annual cost-of-living adjustments (COLAs) tied to a subset of the Consumer Price Index known as the CPI-W, which tracks the price of goods and services across the economy.
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 ...
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.
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Social Security 2025: How Long Does It Take To Get Approved?
The Social Security Administration (SSA) approval process is relatively speedy, but as it is a government program with a huge number of applicants, you can expect to wait three to five months ...
Trump's mass deportation plan could drain more than $20 billion a year from Social Security
President Donald Trump's mass deportation plans could have a significant economic side effect: draining Social Security ...
Are Social Security Offices Closed Today? Hours for Inauguration, MLK Day
All federal and state courts will be closed for the day as well. While the United States Postal Services stops its services on Martin Luther King Jr. Day, FedEx will remain open and deliver packages ...
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Learn How to Change Your Name with Social Security
Methuen’s Nevins Memorial Library is offering a presentation from a representative of the U.S. Social Security Administration ...
2 Painful Social Security Changes to Brace for in 2025
The Social Security taxable wage base increased from $168,600 in 2024 to $176,100 in 2025. This is the amount of your annual ...