Social Security Payments: Millions May Not Receive Boost For Over A Year
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
First round of February Social Security payments goes out in 14 days
Worried About How President Donald Trump's Social Security Plans Could Affect Your Retirement? Do These 4 Things to Prepare Now.
Those who are unable to work in retirement may be eligible for other government benefits, depending on their income. Supplemental Security Income (SSI) is for the blind and disabled as well as low-income seniors. It provides a monthly check worth up to $967 per month for a qualifying individual or $1,450 per month for a qualifying couple.
Here’s the Timeline for Social Security Cuts — and What Lawmakers Can Do to Avoid Them
There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social Security can’t completely go bankrupt because it gets funded by payroll taxes.
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 Provision and the Government Pension Offset.
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 Social Security benefits. Another 4.88 million receive Supplemental
Suze Orman warns U.S. workers on Social Security, 401(k) change
Related: Suze Orman warns Social Security recipients of a looming threat. Substantial contributions to employer-matching 401(k)s and investments in tax-advantaged IRAs are also ef
Medicare, Social Security Immune From Trump’s Federal Freeze
Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.
Here are changes Americans would make to close Social Security's financing gap
Social Security benefits may be reduced in the next decade due to a financing shortfall. A new survey asks Americans how they would fix the program.
Social Security COLA prediction: Bad news for retirees?
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau of Labor Statistics’ CPI-W, the index used to calculate the annual increase. December’s CPI-W came in at 2.8%. Getty Images
Social Security's Day of Reckoning Is Getting Dangerously Close
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security Trustees report. And while that date is by no means set in stone, if it is correct, it means the program may have to implement sweeping benefit cuts a decade from now.
Higher Social Security Benefits Under New Law Delayed—How Long Will You Have To Wait?
Retirees looking forward to increased benefits because of the Social Security Fairness Act may now have to wait more than one year due to reduced funding for the Social Security Administration (SSA).
Social Security boost may take more than a year for many Americans
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.