First round of February Social Security payments goes out in 19 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 19 days.
Woman's Social Security Payment Drops to $14 Because of Overpayment
Jessica Melton was overpaid $12,000 by the SSA and has been struggling to make the payments back ever since she found out.
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits for 2.8 million Americans that some say have had their checks unfairly reduced over the years. As a result, these seniors are now entitled to back pay. Here's what we know so far.
Social Security February direct payment worth $967 goes out in eight days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in eight days. The next SSI payments are scheduled to be distributed on Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income,
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.
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.
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.
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.
Which States Still Tax Social Security?
Although millions of Americans do not have to pay taxes on their hard-earned Social Security checks, federal and state tax laws can effectively reduce the payments retirees receive. Nine states still tax Social Security benefits in 2025,
Retiring on Social Security Alone in 2025? Here's the Monthly Income You May Be Looking At
But you should know that if you're planning to retire on Social Security alone this year, you may be setting yourself up for some pretty tough times ahead. Here's what your monthly income might look like -- and why it may not be anywhere close to enough.
Can You Work and Collect Social Security?
As simple words go, “retirement’’ carries a lot of weight and a lot of baggage. Now that retirement is bouncing around in your mind, and you entertain the thought of giving up your day job, you ask yourself: One answer responds to both questions.
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 ...
The Social Security Fairness Act is a terrible piece of legislation — here’s how to fix the problem
The Social Security Fairness Act, signed by then-President Biden on Jan. 5, is a terrible piece of legislation. It simply gives away money to some state and local workers — those who will now benefit ...