Showing 50 results of 685
Mar 13 2025
FROM THE ARTICLE: Social Security to Withhold Benefits to Recoup Overpayments. SSA restores policy of cutting off payments to correct past errors. By Andy Markowitz, AARP. Published March 12, 2025. Th...
community.aarp.org
Mar 13 2025
Are you confident that your retirement income plan will last? In this episode, Ryan Thacker and Tyson Thacker explore this critical question, helping listeners uncover often-overlooked strategies for ...
bossretirement.com
Mar 13 2025
Rosemary’s husband is scaling back to 32 hours a week as part of his transition plan before switching careers. With Social Security in mind, she asks: Will this reduced income impact their futur...
sites.libsyn.com
Mar 12 2025
A departure from closing locations, seven local Social Security offices will temporarily stop all in-person service and will only be available by telephone....
kiplinger.com
Mar 12 2025
Elon Musk will have to either slash benefits for program recipients or fall far short of his goals for cutting government spending....
forbes.com
Mar 12 2025
Columnist Andy Markowitz is naive about Trump White House intentions. The opposite of AARP Calls to Action RE threats yo Social Security. AARP needs to be consistent, relentless and action oriented. T...
community.aarp.org
Mar 12 2025
A really good thing - the amount was overpaid and now they are getting it back without waiting months or years. They are adhering to the 10% recovery for those notified before 03/27/2025 or whom are S...
community.aarp.org
Mar 12 2025
Need a Strong Social Security Lawyer? If you're struggling to get the benefits you deserve, Freddie Effinger of Effinger Law is here to help. He understands how frustrating the process can be and is c...
community.aarp.org
Mar 10 2025
As of March 27, the SSA will require beneficiaries who have been accidentally overpaid to repay 100% of the money, reversing a previous policy that allowed for only 10% recoupment....
kiplinger.com
Mar 09 2025
Although age is important, it should only be one of the factors that you consider when determining when to file for Social Security benefits....
forbes.com
Mar 09 2025
Do you live in this New England state with the heftiest check? Your Social Security benefit can be affected by where you live....
kiplinger.com
Mar 08 2025
If the Social Security Trust Fund runs out of money in less than 10 years… When is the optimal time to file for your benefits? Don’t miss the latest episode…...
bossretirement.com
Mar 07 2025
Social Security is not a Ponzi scheme, but it does have its funding challenges that need to be fixed....
forbes.com
Mar 07 2025
I just wondered, how safe do you feel about your life now? I worry about people having access to my banking information through access to my social security account information. I'm worried they'll re...
community.aarp.org
Mar 07 2025
FROM THE ARTICLE: What’s on my Social Security statement? It gives a personalized account of your earnings, benefits. By Andy Markowitz and Phil Pruitt, AARP. ➡️ Updated March 07, ...
community.aarp.org
Mar 06 2025
FROM THE ARTICLE: Acting Social Security Chief Says Agency Moves Will ‘Prioritize Customer Service’. Dudek addresses spending cuts, office closures, data privacy fears in response to AARP ...
community.aarp.org
Mar 05 2025
There is a good chance someone you know will not get their Social Security check in the next one to three months....
forbes.com
Mar 05 2025
Workforce cuts may delay benefits, shut down offices and create problems for retirees who rely on government assistance....
money.usnews.com
Mar 04 2025
To maximize Social Security Fairness Act benefits, retirees will have to minimize unexpected tax burdens....
kiplinger.com
Mar 04 2025
Former SSA Commissioner O’Malley warns of potential system collapse as Democrats rail…...
401kspecialistmag.com
Mar 04 2025
FROM THE ARTICLE: AARP Urges Members to Contact Congress Now to Protect Social Security. Older Americans continue to raise concerns about payments, customer service. By Andy Markowitz, AARP. Published...
community.aarp.org
Mar 03 2025
The average monthly Social Security check amount might surprise you. Here's a look at the numbers and why they matter....
kiplinger.com
Mar 03 2025
SSA.gov - Press Release 02/25/2025 - Social Security Announces Expedited Retroactive Payments and Higher Monthly Benefits for Millions- Actions Support the Social Security Fairness Act from the link ~...
community.aarp.org
Mar 01 2025
Millions will be affected by new rules that boost Social Security benefits. But if you qualify, there may be knock-on effects on your retirement cash flow....
kiplinger.com
Mar 01 2025
FROM THE ARTICLE: AARP calls for reassurances from SSA on commitment to customer service. By Andy Markowitz, AARP. Published February 28, 2025. The Social Security Administration (SSA) announced plans...
community.aarp.org
Mar 01 2025
I submitted my application, in New York, for social security retirement benefits on October 22, 2024 for my benefits to start in February. I haven't heard anything from the social security office. The...
community.aarp.org
Feb 28 2025
Social Security payments are a relied upon source of income in retirement. To keep them flowing make sure you don’t make these four mistakes....
kiplinger.com
Feb 28 2025
The Social Security Administration is gearing up to layoff thousands of workers. Here’s how it can impact you....
kiplinger.com
Feb 27 2025
By slashing staff and tinkering with its internal computer systems, the Trump Administration is likely to make Social Security less efficient, not more....
forbes.com
Feb 27 2025
Here's how to find out if you'll pay tax on your Social Security benefits....
money.usnews.com
Feb 26 2025
One of the most misunderstood Social Security issues is how working past age 62 affects retirement benefits....
forbes.com
Feb 26 2025
A new analysis reveals that the policy change would mainly benefit high-earning retirees or those close to retirement....
kiplinger.com
Feb 26 2025
Check this of 10 local Social Security Offices that have been or are in the process of being closed to see if your location is closing....
kiplinger.com
Feb 26 2025
They are about to gut Social Security Administration people. We got here because Americans voted Trump in office. His project 2025 is real and people ignored it. Now it's happening. What is AARP going...
community.aarp.org
Feb 26 2025
Very concerning. Just said not available at this time. Finally got signed in later on. Probably was Musk and his minions rifling through everyones confidential sensitive information. Terrifying what i...
community.aarp.org
Feb 25 2025
The Social Security Administration will start paying retroactive benefits owed this week. Monthly increases will start for most people with their March benefit, which is paid out in April....
kiplinger.com
Feb 25 2025
SSA.gov - Social Security Fairness Act: Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) update (02/25/2025)...
community.aarp.org
Feb 24 2025
Even with a power of attorney or joint bank account, the Social Security Administration may hamstring your financial representative without one of these....
kiplinger.com
Feb 23 2025
Minimizing taxes on Social Security is an essential consideration for many retirees....
kiplinger.com
Feb 23 2025
From higher Social Security benefits to increased spousal and survivor benefits, federal employees have much to gain from the Social Security Fairness Act....
kiplinger.com
Feb 23 2025
So if impropriety actions occur and data is compromised the DOJ will uphold the law and protect us? Seriously? The DOJ that Trump has inserted a MAGA Loyalist. The same group that is loyal to what Mus...
community.aarp.org
Feb 22 2025
While the law seeks to level the playing field for many federal employees, the sustainability of the Social Security system is now facing even more challenges....
kiplinger.com
Feb 22 2025
I just had the weird experience of seeing two emails from Social Security in my "spam" folder. The first one titled "Help Us Slam theScam" seemed legitimate so I clicked the "it's okay" button. The se...
community.aarp.org
Feb 22 2025
FROM THE ARTICLE: By Andy Markowitz, AARP. Published October 10, 2018. Updated December 23, 2024. Nearly 5.8 million people received Social Security survivor benefits in November 2024. These monthly p...
community.aarp.org
Feb 21 2025
More money means more opportunities and financial stability for current retirees and future retirees....
kiplinger.com
Feb 21 2025
Michelle King replaced as acting commissioner by Leland Dudek after King refused to comply…...
401kspecialistmag.com
Feb 21 2025
DOGE has limited "read only" access to data and will not disrupt or delay the disbursement of payments to beneficiaries, SSA Acting Commissioner Dudek said....
kiplinger.com
Feb 21 2025
There’s a lot happening in the federal government, and American retirees could see changes in their budgets and benefits as a result....
money.usnews.com
Feb 20 2025
The Social Security Fairness Act retroactively reverses some 1983 reforms and increases benefits for some retired state and local government employees....
forbes.com
Feb 20 2025
FROM THE ARTICLE: Most older Americans count on monthly benefits as their largest source of income. By Kenneth Terrell, AARP. Published February 20, 2025. The acting head of the Social Security Admini...
community.aarp.org
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Social Security is a government-run program in the United States that provides a source of income for retirees, as well as for people who are disabled or the survivors of deceased workers. The program is funded through payroll taxes, and it is designed to provide a basic level of financial security for those who are no longer able to work.
To be eligible for Social Security benefits, an individual must have worked and paid into the Social Security system for a certain number of years. The amount of benefit that an individual receives is based on their earnings history, with higher earners receiving a higher benefit.
In general, people are eligible to receive Social Security retirement benefits when they reach the full retirement age, which is determined by their date of birth. The full retirement age is currently 66 for people born between 1943 and 1954, and it is gradually increasing to 67 for those born in 1960 or later. However, people can begin receiving reduced benefits as early as age 62, or they can choose to delay receiving benefits until after their full retirement age, in which case they will receive a higher benefit.
It is important to note that Social Security benefits are not intended to be the sole source of income for retirees. Rather, they are meant to supplement other sources of retirement income such as savings, investments, and pensions. It is important to plan for retirement and consider all sources of income that may be available to you.