Social Security Payments: Millions May Not Receive Boost For Over A Year
Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.
Social Security February direct payment worth $967 goes out in two days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in two days. The next SSI payments are scheduled to be distributed on Friday, Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income,
Social Security Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under
Florida Sees Drop in Supplemental Social Security Payments for Kids
The amount Florida's spending on supplemental security payments for children dropped despite an increase in the number of recipients.
First round of February Social Security payments goes out in 13 days
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 13 days. Here is all you need to know about next month’s Social Security payments,
New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social ...
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
6 Big Shakeups Coming to Social Security in 2025
Nearly 72.88 million Americans rely on Social Security for monthly income. The vast majority, about 65.5 million, collect ...
Dave Ramsey bluntly warns Americans on Social Security, poverty
In 2024, approximately 171 million American workers paid Social Security taxes, and nearly 72.9 million Americans received ...
Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
Learn how the Social Security Fairness Act may increase your retirement benefits by eliminating the Windfall Elimination ...
Are You Taking Social Security and Worried About the Federal Funding Freeze? Here's What You Need to Know.
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently ...
Trump federal funding freeze: Will Social Security payments be delayed? What about Medicare? SNAP?
President Donald Trump’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.
Federal assistance freeze won’t halt Social Security or Medicare payments
Nothing in this memo should be construed to impact Medicare or Social Security benefits,” the memo from the Office of ...
Social Security Cost-of-Living Adjustment (COLA) Update: Here's the Projected Increase for 2026
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living ...