Raising the Social Security Retirement Age to 69 Proposed
But what if the full retirement age (FRA) were raised to 69, as some politicians and policymakers call for? With Social Security facing a shortfall in the coming years and life ex
3 Social Security Rules All Retirees Need to Know in 2025
Social Security recipients are allowed to collect benefits while working. Once full retirement age arrives, you can earn any amount of money without risking having benefits withheld. But prior to that point, you'll be subject to an earnings-test limit.
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.
What is the average social security payment at age 65 in 2025? Here's how much benefits can you get
In 2025, the average Social Security benefit for a retired worker at age 65 is approximately $1,545 per month, representing 86.7% of the full retirement benefit, which averages aro
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?
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.
'What are people going to do?': Some nearing retirement on LI worry about future Social Security benefits
"I'm very worried — how am I going to survive?" Huntington resident Leann Pisano, 58, a recent nursing school graduate, said of concerns about future Social Security benefits.
Social Security & You: Turning Full Retirement Age in 2025? Consider Filing for Benefits This Month
I write a column like this one every January. But I don’t mind plagiarizing myself, because it contains a very important message for people planning to retire in 2025.
Social Security Sees Drop in People Collecting Survivor Benefits
The number of people collecting Social Security survivor benefits in the U.S. has dropped by nearly 50,000 over the past year. The Social Security Administration (SSA) delivers survivor benefits to nearly 6 million people each year.
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. These obstacles can be challenging to overcome,
The 2025 Social Security Benefits boost for retirees: Who gets it?
This week, a select group of Social Security retirees in the United States will see their monthly payments rise to $5,000. Millions of beneficiaries will also experience a significant increase in their income,
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 ...
Turning full retirement age in 2025? Consider filing for benefits this month
If you’re reaching your full retirement age in early to mid 2025, you might want to find out if it’s to your advantage to ...
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 ...
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 ...