February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in nine days. The next SSI payments are scheduled to be distributed on Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income, according to the Social Security Administration.
Bad news with Social Security COLA in 2025
Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting. They won't all choose to sign up then, but many will so they can receive as many checks as possible.
Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month. If benefits are claimed at the earliest possible age of 62, that maximum payment drops to $2,831.
One of the most important retirement planning decisions you'll make in your golden years is when to apply for Social Security. The most popular age to claim retirement benefits, by far, is 62, the first year you become eligible.
The Social Security Administration (SSA) approval process is relatively speedy, but as it is a government program with a huge number of applicants, you can expect to wait three to five months ...
Former Louisiana Congressman Garret Graves' Social Security Fairness Act repeals WEP and GPO penalties for millions of government retirees.
All federal and state courts will be closed for the day as well. While the United States Postal Services stops its services on Martin Luther King Jr. Day, FedEx will remain open and deliver packages as regularly scheduled.
The Social Security taxable wage base increased from $168,600 in 2024 to $176,100 in 2025. This is the amount of your annual income subject to Social Security payroll taxes if you're working. The tax rate is currently 12.4%, but if you're traditionally employed, you only pay half of that while your employer covers the other half.
Methuen’s Nevins Memorial Library is offering a presentation from a representative of the U.S. Social Security Administration on how people may legally change their name. The session outlines the necessary documentation,
In most cases, you can collect certain types of Social Security benefits if you retire or live abroad, but there are some exceptions. Here's what you need to know.
The last round of payments for January are coming. If you're waiting on your check, here's when you can expect it.