How immigrants living in U.S. illegally 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.
Social Security: Here's What Happens to Your Benefits if You Get Divorced in Retirement
Social Security can go a long way in retirement, and if you're married, you could be entitled to extra cash each month in the form of spousal benefits. The average spouse of a retired worker collects around $909 per month in benefits,
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
(Many) retired teachers are getting a raise thanks to the Social Security Fairness Act
Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will receive a higher benefit once the new rules go into effect.
3 Social Security Changes Retirees Need to Know About in 2025
Here are three significant Social Security changes for 2025. One of the best things about Social Security is that it has a built-in inflation-protection feature, via nearly annual cost-of-living adjustments (COLAs). The increase for 2025, effective in December 2024, was just 2.5% -- not far from average, but well below some recent COLAs.
The 5 Most Common Reasons Americans Filed for Social Security When They Did
Experts say it’s better to wait to claim your Social Security benefits. And while it’s true, we all have different financial needs. Sure, you can always delay retirement, which will increase your benefits.
This Is the Average Social Security Benefit for Age 72
Just for the record though, current 72-year-olds are among those collecting the biggest monthly Social Security payments. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
The Unfortunate Truth About Claiming Social Security at Age 62
While most retirees understand that claiming at 62 will result in a lower monthly benefit, they might consider it worth the trade-off to start collecting sooner rather than waitin
Social Security Survivors Benefits: Can I Collect Now and Switch to My Own at Full Retirement Age?
I'm 62 and currently working but my spouse passed away when I was 60. He waited until age 70 to take his Social Security. Can I collect his Social Security now in addition to my paycheck? If I get more money under my account at FRA,
This is your full retirement age for maximum Social Security benefits
Understanding your Full Retirement Age (FRA) is crucial for optimizing your Social Security benefits. This pivotal number determines when you can claim full benefits and how much you'll receive.
3 Reasons Why I Won't Claim Social Security at Age 62
What's the most popular age to file for Social Security retirement benefits? It's 62 -- by far. Many Americans are ready to retire as early as possible after working for decades. I understand the sentiment.
Retiring in 2025? Here's How to Know if You Should Claim Social Security Right Away
If you haven't reached full retirement age, you can sign up for a reduced Social Security benefit as long as you're at least ...
A Game-Changing Social Security Boost For Teachers And Public Workers
The Social Security Fairness Act eliminates two provisions, the WEP and the GPO, that have been penalizing a sizable portion ...
This is the biggest Social Security challenge of Trump's new term: Can he solve it?
When Donald Trump takes over in the White House from Monday, January 20, he must fix Social Security before the program, which services 67 million Americans across the United State ...
Social Security Benefit Cuts Are an Estimated 8 Years Away -- Here's How Much Your Monthly Check Would Shrink
This long-term cash shortfall has been growing for decades and reached $23.2 trillion in 2024 -- but it isn't the most ...
When will police, teachers receive raise from new Social Security Fairness Act?
Former Louisiana Congressman Garret Graves' Social Security Fairness Act repeals WEP and GPO penalties for millions of ...
Social Security Cost-of-Living Adjustment (COLA) Projected To Shrink Further in 2026
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...
Bridging the gap to Social Security with an annuity: How it works
For early retirees, using an annuity is one way to bridge the years between leaving the workforce and claiming Social ...
Social Security February direct payment worth $967 goes out in 12 days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 12 days. The ...