Third round of January Social Security payments goes out today
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments,
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.
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.
Third round of January Social Security payments goes out in six days
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees in six days. Retirees born on or after the 21st of a month will receive their payments on Jan. 22.
Social Security benefits to increase in 2025
Social Security will see some notable changes in 2025 that could impact millions of Americans. While the average benefit will increase, high earners may face a larger tax bill and retirees could find their cost-of-living adjustment falls short.
3 Social Security Rules All Retirees Need to Know in 2025
It's crucial to know how the program's spousal benefits work. Make sure you understand Social Security's do-over option. Be mindful of the program's earnings-test limits. Keep these important points on your radar.
Social Security February direct payment worth $967 goes out in nine days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in nine days. The ...
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 ...
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.
What types of income do not count against your Social Security benefits? Here are the exceptions
Receiving your Social Security benefits does not mean you are prohibited from receiving money from other sources. The extra ...
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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Social Security Update: Payments of Up to $5,108 to Be Paid 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. This month, those ...
Some People Born in 1959 Will Reach a Major Social Security Milestone in 2025
For some, it may pass virtually unnoticed, while for others, it could bring big changes to their checks. The Social Security ...
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.