Social Security, SSI payments

Social Security update: February direct payment worth $967 goes out in 7 days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in seven 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,
SSI payments amount by state in 2025: What state offers the highest Social Security checks?
As we step into 2025, Social Security and Supplemental Security Income (SSI) payments see adjustments based on the 2.5% cost-of-living increase (COLA). This increase raises the ma
Social Security Update: Payments of Up to $5,108 to Be Paid This Week
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.
First round of February Social Security payments goes out in 19 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 19 days. Here is all you need to know about February’s Social Security payments,
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 for 2.8 million Americans that some say have had their checks unfairly reduced over the years. As a result, these seniors are now entitled to back pay. Here's what we know so far.
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.
Interested in Collecting Social Security Benefits Abroad? See If You Qualify
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.
How Unauthorized Immigrants Help Finance Social Security Benefits
Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.
How to Withdraw From Social Security Benefits and Why You'd Want To
Social Security benefits become available to those who qualify as early as the age of 62, but if you can wait until 70, you'll get the maximum payment in your monthly check. That said, sometimes it doesn't make financial sense to wait.
Don't Claim Social Security at 62 Unless You Understand This
You can claim Social Security benefits at 62, but you won't qualify for your full benefit yet. Full retirement age for those turning 62 this year is 67. Though claiming early reduces your benefit, delaying your claim increases it.
I’m 62 With $2 Million. Should I Take Social Security or Wait?
Key Points from 24/7 Wall St. Age 62 is the earliest age to claim Social Security, and it results in a reduced benefit for life. If you have nice savings, an early filing won't necessarily hurt your retirement finances.
How Much Could Trump’s Social Security Pick Impact Your Benefits? What to Expect in 2025
President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for ...
Paying Taxes on Social Security Benefits: 3 Pitfalls for Retirees to Avoid in 2025
You can avoid paying taxes on your retirement account withdrawals if you have enough deductions to offset the amount you take ...
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How the Social Security Fairness Act could affect you
Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new ...