There are many important factors that affect Social Security benefits in the United States. If we understand these factors, we can live our old age much better. While it is not necessary to have complete control over everything, it is wise to remember that being unaware of these factors can make us face financial losses … Read more
For millions of people in the US, Social Security payments are their main income source, and this week, those who applied for Supplemental Security Income (SSI) will receive their payment. SSI is available to adults and children who are blind or disabled and have little or no income. The Social Security Administration (SSA) will distribute … Read more
The Social Security Fairness Act became a historic move when President Joe Biden signed it into law on January 5, 2025. The law seeks to correct decades of discrimination in the Social Security system, and in particular, public sector employees should stand to benefit greatly. Under this law, many pensioners could see a significant increase … Read more
The Social Security Administration (SSA) implements changes in the benefits each year to help beneficiaries. While most of the updates are a respite, changes in 2025 will be burdensome for many who rely on it as their major source of income. These updates include smaller cost-of-living adjustments (COLA) and tighter earnings limits. Some of these … Read more
Social Security Payments: plans to distribute new monthly benefits to millions of Americans starting in February 2025. A unique payment delivery schedule is confirmed for this February because SSI recipients will receive their payment through direct deposits on January 31 rather than February 1. SSI beneficiaries will receive their benefits early this month on January … Read more
In February 2025, there will be 4 new payment dates for Social Security recipients. However, the first payment will begin on February 3, when eligible retirees will receive their monthly payment. If you are age 62 or older, check your eligibility to make sure you can receive the first payment on February 3. If you … Read more