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Millions May Not Receive Boost For Over A Year
Social Security Payments: Millions May Not Receive Boost For Over A Year
Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.
Social Security payment this week: Up to $967 to be sent out
The maximum monthly SSI benefit for 2025 is $967 for an individual and $1,450 for a couple, compared to $943 and $1,415, respectively, in 2024. The increase resulted from a 3.2% Cost of Living Adjustment that started at the first of the year.
Social Security COLA prediction
Social Security COLA prediction: Bad news for retirees?
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau of Labor Statistics’ CPI-W, the index used to calculate the annual increase. December’s CPI-W came in at 2.8%. Getty Images
Social Security Full Retirement Age Changes in 2025: Key Dates You Need to Know
Social Security in 2025 is poised for significant updates, impacting the benefits retirees rely on. From adjustments to the full retirement age (FRA) to increases in the cost-of-living adjustment (COLA),
4 most worrisome things for retirees on Social Security as COLA disappoints — and how to prepare for what’s ahead
Commercial real estate has beaten the stock market for 25 years — here's how savvy investors can become the landlord of Walmart, Whole Foods or Kroger Car insurance in America now costs a stunning $2,
1h
on MSN
Here are changes Americans would make to close Social Security's financing gap
Social Security benefits may be reduced in the next decade due to a financing shortfall. A new survey asks Americans how they ...
9h
on MSN
First round of February Social Security payments goes out in 14 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...
4h
Here’s the Timeline for Social Security Cuts — and What Lawmakers Can Do to Avoid Them
There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social ...
12h
on MSN
Worried About How President Donald Trump's Social Security Plans Could Affect Your Retirement? Do These 4 Things to Prepare Now.
Those who are unable to work in retirement may be eligible for other government benefits, depending on their income.
23h
on MSN
Medicare, Social Security Immune From Trump’s Federal Freeze
Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.
1h
on MSN
House Republicans leave Florida retreat with little guidance on how to pass Trump’s agenda: ‘Everything’s up in the air’
House Republicans are leaving their issues retreat in Florida with a lot of big questions still unanswered about their agenda ...
12h
on MSN
Social Security's Day of Reckoning Is Getting Dangerously Close
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...
1h
Trump administration rescinds order attempting to freeze federal aid spending
The move comes after the order sparked widespread criticism and confusion. A federal district judge had temporarily paused ...
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