Key Points Claiming Social Security at age 62 reduces your benefit by up to 30%.The average 62-year-old claimer got $1,341.61 ...

Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.

No Social Security checks in September Similar to the issue with the December SSI distribution, Sept. 1 fell on a Sunday so the next month's SSI payments were sent out on Friday, August 30.

In December, 2024's last month of Social Security payments will still reflect the current COLA of 3.2 percent. For the average beneficiary, that brought the monthly payment to $1,907.

The date you receive your Social Security benefits depends on your birthday and the exact benefit type you’re receiving. December is a little different since January 1st is a holiday. Be sure to ...

Millions of Social Security recipients will receive their second round of retirement checks for the month of December in six days. Filers who retire at 70 years old by Dec. 11 will receive ...

As signed, the bill gives an additional $6,000 tax deduction to people aged 65 and older. These deductions come on top of existing tax deductions for Americans over 65 years old — $2,000 if married or ...

The Social Security trust fund is not a real asset but a paper entry of IOUs that the government must borrow to cover, meaning that the fund’s current surplus is just a mirage and the future ...

Unfortunately, the latest Social Security Trustees Report has raised concerns about the program's solvency. This is a serious ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

The Social Security Fairness Act went into effect in Feb 2025 and the SSA has been sending billions in retroactive payments and benefit adjustments to qualifying individuals. The act gets rid of two ...

On the first business day of every month, Social Security beneficiaries receive a single check from The Social Security Administration (SSA). This coming November will be a little different. Next ...