Check out these five popular Social Security myths that could affect how you plan to retire in 2024. It’s important to know the truth about these myths if you want to be financially secure in your later years. Today, learn how to make smart choices about your Social Security payments. 5 Myths About Social Security … Read more
Last month, the Social Security Administration said that it will stop issuing supplemental security income (SSI) checks to millions of people who receive them and that they will continue to reside in poverty permanently. The figures circulated by the SSA show more than 100,000 people nationwide have been kicked off the SSI rolls last year. … Read more
Pensioners Will Get The Increased Benefit Of $50: Social Security claimants will receive a $88 addition to the per retiree per annum cost of living adjustment of 2.5% in 2025. This is a very small margin that is offsetting inflation with the rising Medicare rates that are cutting down on the net margin. The amount … Read more
$3,822 Social Security Payment 2024: This is the real amount that Social Security recipients will get when they turn 67 and start collecting benefits. This $3822 in Social Security benefits for 2024 is the full amount of money that all people of that age will get after they join. In order to be eligible for … Read more
First direct payments went out Oct. 9 and 16. The COLA increase being announced for 2025 may have been revealed but the agency will not raise retirement benefits until January 2025. Those whose birthday is from the 21st to the 31st will receive their Social Security for the first ten days of October, on the … Read more
October $1,560 Payment from Social Security in 2024: Most families in the USA living below the poverty line struggle to maintain their poverty and monthly expenses. The purpose of SSA is to provide people with money for low-income, elderly, disabled, dependent, and unemployed. Such monthly entitlement from social security assists them with the payment of … Read more
How Do Couples Get The $3,089 Social Security Benefit: Social Security is an important way for millions of old Americans to make money. Maximizing these perks is important for couples who want to live a comfortable life after retirement. Couples who know how to qualify and when to get their payments can get up to … Read more
Social Security COLA Increase: Sherri Myers, 82, fights to make it financially in the sunny city of Pensacola, Florida. She may not get any help from the upcoming Social Security cost-of-living adjustment (COLA) she’ll receive in January. “It won’t make a difference,” she says with a sigh, with how she’ll be able to cover her … Read more
7.5 million Americans get their SSI (Supplemental Security Income) payments. Of course, everyone of these recipients is eagerly awaiting one of the Social Security 2025 COLAs. And when will they get the new boost? The Social Security Administration (SSA) says that SSI recipients will be the first Americans to apply this federal benefit that includes … Read more
It’s almost the third week of October, which means that people who get Social Security will soon be getting their latest payouts. How long you’ve been getting benefits, whether you get more than one benefit, or the day of the month you were born determine when you get your cheque. We’ll talk about it. You … Read more