Here's the Maximum Possible 2025 Social Security Benefit at 62, 67, and 70
Even if you're in line for the maximum possible benefit, you might be surprised at how much more you can get by waiting.
Liz Weston: How does Social Security calculate estimates of future benefit amount?
A while back, you responded to a letter writer that Social Security’s estimates of the amount a person will receive assumes the person will continue working until they apply for benefits. I thought the amount a person receives was based on the average of the highest 30 years’ of earnings over a person’s entire career.
What to know about the congressional push to expand Social Security benefits
Both provisions would be repealed by the bill, thereby increasing Social Security payments for many. The budgetary effect of the legislation is considerable, adding an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office.
How a second Trump term could affect Social Security benefits
Though President-elect Donald Trump has often promised to protect Social Security, he has not explained exactly how he would save the beloved – but financially troubled – entitlement program. Nor did he take any meaningful steps to shore up Social Security during his first term in the White House.
Social Security November 2024: Your Money Is Headed Your Way Soon
The next round of November's Social Security payments are headed out to recipients in a few short days. If you're expecting a check this coming week, we'll tell you when you'll get it.
7 Social Security Changes Retirees Need to Know About in 2025
Social Security benefits are increased in most years via cost-of-living adjustments (COLAs). Many other Social Security numbers change, too. It's smart to keep up with Social Security changes from year to year,
Social Security & You: How other benefits interact with Social Security
I have been saving up some emails from readers who want to know how other government benefits might affect their eligibility for Social Security, or vice versa. In other words,
Social Security's Silver Lining Has Been Ripped Away for a Second Consecutive Year
While Social Security's 2025 COLA announcement offers superficial promise, the lack of a treasured silver lining will quickly ...
Social Security update: December direct payment worth $943 goes out in 12 days
The Supplemental Security Income payment for the month of December, worth up to $943, will go out to millions of ...
The Social Security Fairness Act is now in the hands of the Senate. Here's what could happen next.
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time ...
Unhappy With Your 2.5% Social Security COLA for 2025? Here's the Smallest COLA on Record to Put It Into Perspective
In light of these numbers, it's easy to see why a 2.5% COLA for 2025 seems like a slap in the face. But you should also know ...
What Will Happen to Social Security After Trump Takes Office?
Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their ...
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The House voted to expand Social Security benefits: What does the legislation do?
The House has passed legislation that would provide full Social Security benefits to millions of people, pushing it one step closer to becoming law. The Social Security bill on Tuesday won ...
Trump promised to eliminate taxes on Social Security benefits, but don't bank on it yet
Tax experts advise a 'wait-and-see' approach to planning when it comes to Trump's campaign promise to eliminate taxes on ...
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other ...
The Grim Reality of President-Elect Donald Trump's Social Security Plan
During President-elect Trump's campaign, he made two proposals regarding Social Security. The grim reality is that neither ...