Social Security update: January direct payment worth $943 goes out in 15 days
The Supplemental Security Income check for January will be sent out to eligible recipients in just over two weeks, with the payments being worth up to $943 for individual filers.
Bad news for beneficiaries: There will be no Social Security payments on the fourth Wednesday in December
Retirees usually get their Social Security benefits on Wednesday, but for the fourth week of December this will not happen due to a calendar irregularity.
Social Security Update: Payments of up to $4,873 To Go Out This Week
Following that, there will be earlier than usual payments for those collecting Supplemental Security Income (SSI) benefits, which will be paid on December 31. Usually SSI is paid on the first day of every month, but due to January 1 being a federal holiday, it will arrive the day before.
Here’s what to know about Social Security’s December payments, from SSI checks to the COLA increase
While the Social Security Administration sets its annual payment schedule well in advance of the year, the payment dates could take some seniors by surprise this month, for both better and worse.
Social Security update: Second round of December payments worth up to $4,873 goes out in four days
Millions of Social Security beneficiaries will receive the second round of retirement checks for December in four days. Filers who retire at 70 years old by Dec. 11 will receive payments worth up to $4,
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Mandatory updates for SSI recipients: What you need to know
The Social Security Administration (SSA) has announced new mandatory procedures for individuals receiving Supplemental ...
Social Security Changes Proposed by President-Elect Donald Trump Could Be Bad News for Retirees, According to a Recent Report
In summary, President-elect Donald Trump has proposed eliminating the tax on Social Security benefits. He has also proposed ...
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Social Security and SSI recipients to ree 2.5% increase in 2025
Starting in 2025, over 72.5 million Americans receiving Social Security and Supplemental Security Income (SSI) will benefit ...
Social Security retirement age set to change in 2025
Among the other Social Security changes coming in 2025 are a smaller cost-of-living adjustment at 2.5%, down from 3.4%; an ...
Here Are Two Major Social Security Changes Retirees Need to Know Heading Into 2025
The new wage base limit, which will be in effect in 2025, is $176,100, up from the $168,600 limit in 2024. This means more ...
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Senate Poised To Pass Social Security Reform Bill That Could Hasten the Trust Fund’s Bankruptcy and Cut Benefits to Many Recipients
The House passed the legislation overwhelmingly in November.
Social Security: When do 2025 COLA increases go into effect?
Here's when 2025's Social Security Cost of Living Adjustment increases will go into effect. The increase is the agency's ...
Could Retirees See Social Security Benefits Cut Under Trump?
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five ...