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.
President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of goods and services.
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 ...
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.
More than 39,000 Nevadans will see increases to their Social Security payments thanks to a law former President Joe Biden signed this month. The Social Security Fairness Act — which became law Jan. 5.
Migrants paid more than $25 billion toward Social Security in 2022 although they can’t collect retirement benefits.
Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.
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.