Recently, the news was going viral on social media that every Social Security beneficiary will receive a flat pension of $2200 per month starting from January 2025. But the Social Security Administration (SSA) has labeled these reports as totally baseless. How does Social Security work? The Social Security system works based on payroll tax, through … Read more
Social Security beneficiaries in the US are receiving their March 2025 payments as scheduled by the Social Security Administration (SSA). As with every month, March payments are being distributed on different days based on beneficiaries’ birth dates. On Wednesday, March 26, retired and disabled beneficiaries born between the 21st and 31st will receive payments. If … Read more
In the backdrop of today’s increasing inflation and economic instability, the US government is going all out to offer financial support to its citizens. In this episode, a $185/month Social Security Assistance Plan has been initiated, which will give relief particularly to the economically weaker sections, senior citizens and the disabled. What is the $185/month … Read more
If you have reached 65, you need to verify your eligibility for Social Security Income (SSI). It is a federal program that gives you an extra supplement to your monthly retirement or SSDI benefits from the Social Security Administration (SSA). What is an SSI payment? As it is an added assistance (supplement), qualifying beneficiaries receive … Read more