Social Security Update: Payments of Up to $5,108 to Be Paid This Week
Social Security benefits will be paid to millions of recipients later this week. Social Security benefits serve as the foundation of retirement income for millions of older Americans, with an estimated 53 million collecting payments at the end of 2024.
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 from your accounts. In 2025, the standard deduction for a couple age 65 or older is $33,200.
Social Security Update: Second round of January Social Security payments goes out in two days
Retirees will receive their Social Security checks depending on when their birthday falls and the checks are sent out in three waves.
How Much Higher Will Your Social Security Benefits Be If You Wait an Extra Year?
You can claim Social Security benefits starting at the age of 62. However, the earlier you claim your benefits, the smaller your checks will be. Waiting longer to begin your benefits can have a huge payoff,
Social Security Fairness Act opens access to benefits for public employees
According to a news release by U.S. Senator Bill Cassidy, the Social Security Fairness Act ensures that public sector workers and their families in Louisiana will receive their full Social Security benefit.
Spousal Social Security Benefits: 5 Things All Retired Couples Should Know
Spousal benefits are designed to provide much-needed retirement income to married couples for which one spouse had a relatively low income. The most prevalent example is situations in which one spouse was a stay-at-home parent. However, spousal benefits can also apply in cases in which one spouse simply earned a much higher average salary.
Social Security Fairness Act: What Will Happen to Your Benefits Now That It’s Become Law?
The Social Security Fairness Act (SSFA), which was recently signed into law by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from
Social Security Benefits To Change for Thousands Under New Proposals
Lawmakers in two states are pushing to change rules around the taxation of Social Security benefits. Why It Matters. Tens of millions of Americans receive Social Security benefits
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.
Government Recovers $31 Million in Social Security Payments to the Dead
The money came back when the Department of Treasury gained access to the Social Security Administration's "Full Death Master File."
Dead Americans received millions in Social Security benefits
Related: The pros and cons of Social Security bridge payments Turning to other business headlines, $31 million. That’s how much money the government has recalled so far from Social Security payments erroneously sent to dead people.
Social Security update: February direct payment worth $967 goes out in 11 days
In 11 days, the Supplemental Security Income check for February will be sent out to eligible recipients, with the payments ...
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Social Security 2025: How Long Does It Take To Get Approved?
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