Social Security Fairness Act: More Money and Back Payments for Qualifying Recipients
The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments. Here's what we know so far.
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.
2 2025 Spousal Social Security Benefit Changes All Married Couples Need to Know
The start of a new year usually means changes to Social Security, and this year is no different. The changes to Social Security retirement benefits and changes that affect workers still paying into the program often get the most attention,
How to Withdraw From Social Security Benefits and Why You'd Want To
If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead of canceled completely. Another benefit is you don't have to submit a form to suspend your benefits -- you can just call the SSA and they can take care of the rest for you.
Some Social Security Recipients to Get Higher Benefits Under New Bill
Proposed legislation aims to increase Social Security benefits for adults with intellectual or developmental disabilities by eliminating the "marriage penalty."
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
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.
First round of February Social Security payments go out in 20 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 20 days. Here is all you need to know about this month’s Social Security payments,
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.
Social Security: regulations that all retirees need to know
Understanding the intricacies of Social Security can significantly impact your financial future. Whether you're planning to claim benefits soon or are already a recipient, knowing the key aspects of the program is crucial.
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 ...
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 ...
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Ryan says temporary closure of Poughkeepsie Social Security office will cause hardship
The city’s Social Security Administration Office is temporarily closing due to renovations and causing significant ...
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.
This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By
Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including ...
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without ...
PowerSchool hack exposes 312,000 NC teachers’ Social Security numbers
WILMINGTON, N.C. (WECT) - About 312,000 North Carolina teachers’ social security numbers were exposed in the PowerSchool ...
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 ...