A few of those born in 1959 will reach their full retirement age (FRA) in 2025. Your FRA plays a big part in the size of your checks. Some seniors may see a benefit boost when they reach their FRA. Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting.
Dear Help Me Retire, I am 63 and decided I want to go ahead and start drawing my Social Security retirement benefits. I am still working full time. I was told that I cannot receiv
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.
The bad news is that you'll lose spousal benefits once you're no longer married, but you could be entitled to a different type of benefit. You'll only qualify for spousal benefits if you're currently married to someone who is entitled to either retirement or disability benefits.
If Social Security reserves are depleted by 2033, as predicted, future benefits could be cut by as much as 21%. Here’s how to weather the impending storm.
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and Windfall Elimination Provision rules. Biden touted the bill as a way
As an American taxpayer, you’ve likely heard about Social Security your entire working life, and perhaps even bemoaned the amount of taxes that are subtracted from your paycheck. However ...
The Supplemental Security Income program gives payments to those living with debilitating disabilities which may affect their income.
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments,
Mike Conrath, chief retirement strategist at JPMorgan Asset Management, emphasized that the most important thing is to be well-informed about the factors to consider when deciding when to claim Social Security.