A recent report from the Senior Citizens League has revealed alarming news for millions of American seniors relying on Social Security: They may potentially forfeit as much as $400 each month from their benefit payments. While COLAs are beneficial in general, they are not the best choice to handle the current inflationary climate, particularly regarding … Read more
A lot of people think that the U.S. government will give out a $16,728 Social Security bonus in 2024. This idea comes from a mistake. The $16,728 isn’t a straight payment or a one-time payment. Instead, it’s a possible rise in Social Security benefits each year. This number is based on the idea that retirees … Read more
If you’re a participant in the Supplemental Security Income (SSI) program, you might have been caught off guard by the lack of payment in September. Don’t worry! There was no oversight or delay with your payment. In place of that, the Social Security Administration (SSA) distributed it earlier. Let’s analyze why this occurred and when … Read more
Disability Benefits Increase: There’s been considerable discussion lately that the financial assistance for disability benefit claimants, encompassing those receiving SSI, SSDI, and VA payments, could increase substantially in September 2024, with estimates pegging the rise at about $1,500 monthly. This speculation has caused passion and hope to arise in individuals who count on these benefits … Read more
No SSI Payments: The Social Security Administration has said that SSI recipients will not be given any more payments until October. This new change has caused panic among those that use these funds to cater for their needs, especially those in the health sector. For those impacted by the delay, it is pertinent to know … Read more
Over the past few weeks, people received information that there will be a 30% Social Security Increase in 2024, causing anxiety to elderly and disabled people on whether they will be receiving higher benefits. However, getting information from credible sources, the above news is fake. Thus, the U.S. federal government and Social Security Administration (SSA) … Read more
Will You Not Get Social Security? Millions of seniors depend on Social Security, yet not everyone qualifies. After working and paying into Social Security for years, most people may retire, but some may be surprised to realize they don’t qualify. Knowing eligibility might help you plan for retirement and avoid surprises. Who Is Eligible for … Read more
Big Announcement From Social Security: It is, however, important to note that there is not a Universal Social Security benefit that all retired workers can get. Despite a 30 percent cut, a 62-year-old will be able to get a monthly premium of $2,710. The following is the other $2,710 payment announcement from Social Security. September … Read more
Changes to Social Security: It is important to note that millions of Social Security beneficiaries will see a disruption in their payments this month. This shift is due to a strange change in the timing schedule for the distribution of benefit checks, meaning that some of the beneficiaries did not receive a check in September. … Read more
Double Payments in November: It can come in handy to receive a new monthly payment coming from the Social Security Administration (SSA). Particularly when you really have it hard in the area of trying to make a living. In total, the agency has planned payments for November 6. However, any of these Social Security payments … Read more