Deciding to change your marital status is always a significant step. But when you’re collecting Social Security benefits, this decision carries additional complexities. Whether you’re considering marriage or divorce, knowing how these changes impact your benefits can help you make informed choices. Spousal Benefits If your Social Security benefits are low, marrying someone with a … Read more
In 2025, many people in the United States will see an increase in their Social Security payments thanks to the 2.5% Cost-of-Living Adjustment (COLA). These adjustments help retirees and other recipients keep up with inflation. The Social Security Administration (SSA) will soon send letters to recipients about their new payment amounts, but you can also … Read more
Social Security can seem simple at first, but it has many rules that make it confusing for people. While most think of it as a program for retirees, others—like children, ex-spouses, and disabled individuals—may also qualify for benefits. Understanding who is eligible, how much they can receive, and the right time to claim benefits is … Read more
Social Security benefits are vital for retirees and their families in the United States. This article explains how payments work, when you’ll receive them, and how your age, work history, and other factors affect the amount you get. How Are Social Security Payments Calculated? The amount of Social Security benefits depends on: When Will You … Read more
Millions of Americans rely on Social Security payments for financial support, including retirement benefits, Supplemental Security Income (SSI), and spousal or death benefits. Understanding the payment schedules and eligibility requirements ensures you receive the benefits you’re entitled to. Who Qualifies for Social Security Payments? Types of Social Security Benefits Key Point: SSI is funded by … Read more
For years, the future of Social Security has been uncertain, leaving many workers worried about their benefits. To address this, the Social Security Fairness Act has been introduced in Congress, gaining support from both Democrats and Republicans. This bill aims to fix unfair rules that reduce Social Security benefits for workers who also qualify for … Read more
Social Security is a crucial part of planning for retirement. However, it’s essential to know the basics to make informed decisions. Social Security is not meant to be your only source of income after retirement. Instead, it’s a safety net that complements other savings, such as a 401(k), pension, or investments. This article will explain … Read more
