Social Security update: Third round of October payments worth $4,873 goes out in six days
The third round of October’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to a group of retirees on Oct. 23. Here is everything you need to know about this month’s Social Security payments,
When Are November 2024 Social Security Payments Coming?
Claimants who have a birthday between the 11th and 20th of any month receive their payment on November 20. Anyone born between the 21st and 31st of any month will have their benefits paid on November 27.
What is the Social Security COLA for 2025? Why are some recipients getting 2 checks in November?
This double SSI check is due to Dec. 1 falling on a Sunday this year. Recipients, who usually receive their checks the first of the month, will get their November payment on Nov. 1, and their SSI payments for December will be distributed on Friday, Nov. 29, according to the SSA calendar.
Some Social Security Recipients Will Get an Extra Check Soon
SSI beneficiaries will receive an extra check in November. It's not due to government largesse but a calendar quirk.
Some Social Security recipients will get two payments in November. Here's why
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
Social Security payments will increase in 2025. What to know, how to apply
The Social Security Administration announced Thursday that the COLA for for 2025 will be 2.5%. The increase last year was 3.2%. In 2025, the average person will see their monthly payments increase by $50,
Here's why you may get multiple Social Security checks next month
Some Social Security recipients could receive extra checks next month, but this isn’t a new phenomenon. For those who usually receive Social Security benefits, the cause for the extra checks this month is due to a minor fluke in the benefits calendar system and is not out of the ordinary,
Social Security issues 2/5% COLA increase in 2025
Millions of Social Security recipients will see just a 2.5% cost-of-living increase in January, the lowest annual rise since 2021. On average, this amounts to about $50 more per month. The Social Security Administration made the announcement Thursday.
We can’t ‘leave Social Security alone,’ but we can protect people who need it
The United States is at a crossroads. You may have heard that Social Security is politically impossible to reform. But that ...
Some Social Security beneficiaries will get an extra November check
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.
Social Security's 2025 Cost-of-Living Adjustment (COLA) Is a Bit of a Downer. But There's a Silver Lining for Some Early Claimers.
Social Security's 2025 cost-of-living adjustment (COLA) didn't come as a surprise to many who have been keeping an eye on the ...
Social Security in 2024: What Every Generation Needs to Know About Claiming Benefits
Social Security is constantly evolving in terms of the amount of money recipients get and what they qualify for, but it ...
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Social Security’s Looming Insolvency Will Soon Become Impossible To Ignore
Benefits would be cut across the board by 21 percent when the program’s trust fund is exhausted — unless reforms are enacted.
Social Security's 2025 Cost-of-Living Adjustment (COLA) Comes With Bad News and Worse News for Retirees
Inflation has fallen from the four-decade high it reached in 2022, but the price increases that scorched the economy ...
Social Security overpayments around $9 billion a year, former employee says
A former Social Security employee told The U.S. Sun that people are getting overpaid by $9 billion a year and all Americans ...
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Social Security and Medicare: Where do Kamala Harris and Donald Trump stand?
How to address projected shortfalls for both the Social Security and Medicare trust funds will become an increasingly ...