Increase in Retirement Benefits – Know the Changes Coming in 2025

Joe Biden

In 2025, Social Security recipients, including retirees, widows, widowers, and individuals with disabilities, will see an increase in their monthly payments. This increase is due to the annual Cost-of-Living Adjustment (COLA), a measure designed to help Social Security benefits keep pace with inflation and the rising cost of living. Here’s a look at what these … Read more

Social Security Benefit Cuts Are Coming – 4 Bipartisan Changes That Could Solve the Problem

Joe Biden

Social Security has been a lifeline for retirees for decades, but the program is facing a funding crisis. As the baby-boom generation retires, the cost of benefits is rising faster than the revenue generated from payroll taxes and trust fund interest. Since 2021, Social Security has been operating at a deficit, and without intervention, this … Read more

Social Security Benefits – What to Expect If Your Spouse Passes Away

Joe Biden

For millions of retirees, Social Security benefits are an essential part of their financial security, and married couples may benefit further through spousal benefits. In 2024, the average spousal benefit for retired workers’ spouses was just over $900 per month. But when a spouse passes away, it can lead to a financial shift. While it’s … Read more

3 Significant Social Security Changes Announced – What You Need to Know

Joe Biden

Since the Social Security Act was signed in 1935, the program has been a safety net for millions of Americans, helping retirees stay financially secure. But while Social Security has been around for nearly 90 years, it’s continually evolving. Recently, the Social Security Administration (SSA) announced several key changes set to take effect in 2025. … Read more

Social Security’s Maximum Benefit Rises in 2025 – Know How to Claim it

Joe Biden

The Social Security Administration has announced a cost-of-living adjustment (COLA) for 2025, which will bring notable changes for retirees. One of the most impactful changes is the increased maximum benefit amount, which will rise to $5,108 per month—up from $4,873 in 2024. This new maximum is significantly higher than the average retiree benefit, which sits … Read more

Get Up to Five SSI Payments – Receive Social Security Payments Before 2025

Joe Biden

If you’re a U.S. retiree or SSI beneficiary, the end of the year brings good news. Between November and December, you may receive up to five payments, thanks to a scheduled advance payment and the 2025 Cost-of-Living Adjustment (COLA) increase. This additional support comes just in time for the holiday season and helps offset extra … Read more

3 Checks for Retirees in November – Know How and When to Receive Them

Joe Biden

In November, U.S. retirees who receive both Social Security and Supplemental Security Income (SSI) benefits will notice a helpful change in their payment schedule. Thanks to an adjusted schedule from the Social Security Administration (SSA), certain recipients will receive up to three payments this month. This adjustment helps retirees avoid delays that might otherwise arise … Read more

Social Security Benefit Boost in 2025 – Know Your New Payment Amount

Joe Biden

Social Security beneficiaries can expect a cost-of-living adjustment (COLA) in 2025, though this increase will be notably smaller than previous years. Following substantial COLA increases of 8.7% in 2023 and 3.2% in 2024, the 2025 adjustment is set at a more modest 2.5%. This translates to an average monthly increase of approximately $50 for beneficiaries, … Read more

Changes in SNAP Benefits – New Allowances for Retirees Aged 60 and Over

Joe Biden

As living expenses continue to rise, retirees across the United States are investigating ways to maximize their income by combining Social Security benefits with Supplemental Nutrition Assistance Program (SNAP) benefits. SNAP, commonly known as “food stamps,” provides financial support to low-income individuals and families, helping them cover essential grocery costs. For seniors whose Social Security … Read more

SSI and Social Security Benefit Payments in November – Up to $943 Will Be Disbursed this week

Joe Biden

Millions of Americans who depend on Social Security Administration (SSA) benefits can look forward to receiving their November payments soon. This includes both Supplemental Security Income (SSI) recipients and retirees, with payment dates scheduled to ensure beneficiaries have access to their funds throughout the month. Here’s a breakdown of the SSI and retirement payment schedule, … Read more