Social Security update: First round of November payments worth $4,873 goes out in eight days
The first round of November Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the first group of retirees in eight days. Here is all you need to know about this month’s Social Security payments.
Social Security November 2024 payment schedule: Here’s when beneficiaries will get their checks
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.
No Social Security Payment Is Going Out This Week. Here's Why
Social Security recipients are paid according to their birth date, except from those who have been claiming Social Security since before May 1997 or who collect Supplemental Security Income. Both of these groups are most often paid in the first week of the month.
Social Security Benefits Get a 2.5% COLA in 2025. Will 2026's COLA Be Higher or Lower?
But in 2025, Social Security benefits will be rising by only 2.5% due to cooling inflation. And while that's not a terrible increase, it's disappointing in the context of recent COLAs that have been far more generous.
Beware of This "Tax Torpedo" That Comes Along with Social Security
Insights The Social Security “Tax Torpedo” can be a huge surprise for many people. The good news is that you can find loopholes around this surprise.  Millions rely on social security to enjoy a better life during retirement.
5 Ways the 2024 Election Could Reshape Social Security
Both candidates offer slightly different paths forward, with projections showing a potential shortfall for social security. Learn more here.
This Is the Average Social Security Benefit for Age 66
At age 66, the average benefit among all retired workers is $1,740 per month, according to December 2023 data from the Social Security Administration. Men receive an average of $1,936 per month at that age, while the average among women is $1,553 per month.
Social Security 2025: Best Benefits for 62, 66 and 70 Year of Age
Many Americans rely on Social Security as part of their retirement income, and several updates in 2025 will affect most retirees’ monthly benefits. It’s important to stay on top of these updates so that you know what to expect next year.
CNET on MSN1h
Social Security Disability Insurance November 2024: Here's When You'll Get Your Check
Social Security Disability Insurance checks for November 2024 will soon be on their way. Here's when you can expect your ...
Will Retirees on Social Security Do Better Financially in 2025 Once Their 2.5% COLA Takes Effect? Here's What History Says
Of course, we do need to consider the big picture. The reason 2025's Social Security COLA is only 2.5% is that inflation has ...
Newsweek on MSN17h
Next President's Social Security Dilemma
While both major-party nominees, Republican former President Donald Trump and Democratic Vice President Kamala Harris, have campaigned on multiple fronts to win the votes of the American electorate, ...
5 big Social Security changes for 2025 — how many will impact you personally?
In 2025, the earnings test exemption is $23,400, up from $22,320 in 2024. This means beneficiaries can earn up to $23,400 ...
How Trump or Harris would address Social Security’s problems
The next U.S. president and Congress will need to tackle the financial challenges facing Social Security if we are going to ...
24/7 Wall St. on MSN1d
Social Security Barely Covers 40% of Most People's Previous Income - Here's How to Cover the Rest
Social Security is on the fast track to insolvency. According to the nonpartisan Congressional Budget Office, the Old-Age and ...
TheStreet on MSN1d
Dave Ramsey warns Americans on Social Security, Medicare
As working Americans think about retirement, they have several factors to consider. Among those is the sometimes daunting ...
A retiree says $1,620 monthly Social Security isn't enough to live on, but she's worried about draining her savings too early
Elizabeth McCoy, 61, is struggling with expenses in central Indiana. High medical bills may force her to tap her 401(k) ...