Social Security payments indeed provide a vital economic cushion for retired citizens in the US. This subsidizing payment for 2025 guarantees either of our financial security, albeit its timing is of utmost importance. On different days of every month, the Social Security Administration (SSA) sends payments to different groups. In this article, we are concerned … 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
A recent proposal from an important senior advocacy group proposes that a one-time payment amount to $495 be given to persons receiving Social Security benefits. This amount could be defined as dividends possibly coming from recovering paid-back Social Security overpayment funds. So far, the initiative is in its early stages; however, it opened doors for … Read more
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
If you are an SSDI beneficiary, there are two significant payments heading your way in March 2025. You need to be aware of when you will receive these payments and to whom. Let’s get the details about SSDI payments. Two final SSDI payment dates in March There are two significant payment dates for those receiving … Read more
Good news for people getting Social Security! The US government just said that the next payment will arrive on Wednesday, March 19, 2025. This is big for retirees and others who count on these payments. How does the Social Security payment system work? Each month, the SSA sends payments to beneficiaries under a phased system … 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
The Social Security Administration has made a major relief to millions of beneficiaries whose benefits were cut off because of previous policies. Benefits under the new policy Now with the enactment of the Social Security Fairness Act, the affected beneficiaries are going to receive retroactive payments and increased monthly benefits. The step is taken to … Read more
Recently, there was quite a buzz following an announcement that a $2,200 flat Social Security check would be issued to all beneficiaries in 2025. Good news, indeed, for retirees, the disabled, and survivors, but this rumor has been formally denied by the Social Security Administration (SSA) as pure speculation. We will set the record straight … Read more
The Social Security Administration (SSA) made a 2.5% formal announcement for adjustment in Cost-of-Living for 2025, to enable all the beneficiaries to cope with increasing living expenses. This adjustment will affect over 72.5 million Americans, that includes retirees and those receiving Supplemental Security Income (SSI). New Social Security COLA Forecast The 2.5% Social Security COLA … Read more