Social Security Sees Drop in People Collecting Survivor Benefits
The number of people collecting Social Security survivor benefits in the U.S. has dropped by nearly 50,000 over the past year. The Social Security Administration (SSA) delivers survivor benefits to nearly 6 million people each year.
Social Security: Here's What Happens to Your Benefits if You Get Divorced in Retirement
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.
When should you claim Social Security?
Deciding when to claim Social Security benefits is one of the most critical financial decisions retirees face.
When Are February 2025 Social Security Payments Coming?
Checks are issued throughout the month, based on the recipient's birth date or the duration of time they have been receiving benefits.
I’m 63 and tried claiming Social Security early, but it was declined because I’m still working. Is that allowed?
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
Third round of January Social Security payments goes out tomorrow
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 tomorrow. Here is all you need to know about this month’s Social Security payments,
Can You Collect Unemployment and Social Security?
If you recently lost your job and are nearing retirement age, you may be eligible for unemployment assistance and Social Security benefits. Eligible applicants can receive both at the same time. Unemployment benefits are distributed to workers who have lost work and meet specific requirements.
3 Social Security Rules All Retirees Need to Know in 2025
A s you might expect, a program like Social Security is loaded with rules. Some of them may be pretty obvious -- such as, the earliest age you can sign up is 62, and you get rewar
3 Things Too Many People Constantly Get Wrong About Social Security
Key Points Delaying Social Security only makes sense up to a certain point. Filing early isn’t necessarily a mistake you can’t undo. Not having an earnings history doesn’t automatically mean you can’t get benefits.
Trump's mass deportation plan could drain more than $20 billion a year from Social Security
President Donald Trump's mass deportation plans could have a significant economic side effect: draining Social Security ...
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from ...
A Social Security Storm Is Gathering: Here's Your Safety Plan
If Social Security reserves are depleted by 2033, as predicted, future benefits could be cut by as much as 21%. Here’s how to ...
I’m a Finance Expert: Here’s What Social Security Reform Should Look Like
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 ...
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits ...
Persistence by local woman led to the passage of Social Security Fairness Act | Opinion
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
24/7 Wall St. on MSN1d
My parents are in their 60s with $500k saved for retirement and will get $5k per month from Social Security - how much can they spend every month?
The median retirement savings balance among Americans in their early to mid-60s is $185,000, according to Federal Reserve ...
WCJB6h
More adults are worried about Social Security benefits, survey finds
More than half of working adults say they expect to rely on Social Security when they retire, but nearly 3 out of 4 are concerned they will not receive them. Consumer Investigator Rachel DePompa talks ...
Suze Orman has blunt words on 401(k)s and Social Security
Suze Orman, the personal finance author and media personality, explains why the experience of transitioning to retirement can ...