In this article, you’ll learn about how you can be prepared for the upcoming Social Security Changes. As we move past the halfway mark of 2024 already, It’s very important for the American workers and future retirees to know about the upcoming Social Security Changes. This change can have an impact on when you can claim … Read more
In most cases, recipients of SSI do not have a fixed date on which they receive their payments monthly. In most organizations, the recipients receive their direct deposits or checks on the first of the month, or so. If the payment date is on a weekend or a federal holiday, the SSA will change it … Read more
One of the most important things Americans have to do prior to applying for Social Security benefits is save for retirement. The average retirement savings balance for Americans across all age groups is $89,300, current. It’s not an ideal number, but it’s understandable, as most people can still have decades to accumulate retirement savings. … Read more
Millions of people depend on the Social Security Administration’s SSA for retirement, disability, or survivor benefits, and the SSA plays a vital role in the lives of millions of people. But fraud in this system is a major threat, threatening not only the integrity of the program but also the resources to those who the … Read more
The good news at the end of the year is if you get SSI or Social Security. In the period from November to December, one can expect having up to five checks, including 2025 COLA. This payment schedule gives extra help kick-starting the new year, covering those extra costs associated with the holiday season. These … Read more
In November, some people receiving payments from the Social Security Administration (SSA) might be in for a bit of a surprise: instead of one check, they will receive two checks. But remember that this second payment is not an extra but an early advance on your December check. The Social Security payment system is set … Read more
In America, there are 2.6 million 60+ people who will never receive Social Security benefits. If you’re counting on Social Security to help bolster your retirement income, you’re not alone. Many of the 77 million current and future beneficiaries of this crucial support rely on it in their golden years. But not everyone can expect … Read more
Social Security for Retirees will arrive on October 16, 2024. It’s especially important for those who didn’t qualify for the previous payments on October 3 or 9. In light of this, the Social Security Administration (SSA) has announced that payments will continue according to the normal schedule; although the 2025 COLA will be announced by … Read more
Now, attempting to get the highest Social Security payment of $4,873 per month in October is challenging but doable. If you meet these requirements, you can add an immeasurable boost to your retirement income from the Social Security Administration (SSA). The payment date for retirees who become eligible in October will be different across the … Read more
Retirees rely on social security payments as critical support, so timing is very important when planning finances. The final payment dates are out before the 2025 Social Security Administration (SSA) cost of living adjustment (COLA) goes into effect in 2024. Before the new COLA goes into effect, retirees will receive their payments on three dates … Read more