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 ...

(NEXSTAR) — There have been several changes to government benefit payments already this year, including increased checks for some and clawbacks for outstanding overpayments for others. In about two ...

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

What Does Social Security Pay in December? 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 same approach could work again: thoughtful, phased reforms that maintain the program’s core protections. Ideas on the ...

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.

Regular Social Security retirement benefits for the month of July will be sent out on the SSA’s usual schedule: Wednesday, July 9: Birth dates between the first and 10th of the month. Wednesday, July ...

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 ...

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.