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 such as groceries and medical bills. Will 2026's COLA increase help?
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, which go out in three rounds.
Social Security payment this week: Up to $967 to be sent out
The maximum monthly SSI benefit for 2025 is $967 for an individual and $1,450 for a couple, compared to $943 and $1,415, respectively, in 2024. The increase resulted from a 3.2% Cost of Living Adjustment that started at the first of the year.
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments: Agency
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
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.
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,
How much can Social Security beneficiaries get at age 70?
In February 2025, the Social Security Administration (SSA) is set to distribute payments to millions of Americans, including retirees, survivors, and individuals with disabilities. With a 2.5% cost-of-living adjustment (COLA) reflecting inflation,
Social Security could owe you thousands of dollars. Here’s how to check.
The Social Security Fairness Act increased benefits to millions more retirees, including some who never claimed them.
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 ...
How long will it take for Social Security raises with new law for teachers, police?
Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as quickly as possible.
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 ...
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 ...
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 ...
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 ...