Social Security
Showing 50 results of 774
Social Security is Going Broke. Here’s How to Play Your Cards.
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
What You Need To Know About Social Security’s Funding
Mar 07 2025
Social Security is not a Ponzi scheme, but it does have its funding challenges that need to be fixed....
forbes.com
How safe do you feel now?
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
? What's on Your Social Security Statement? (AARP Article) ➡️ updated ⬅️
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
? Acting Social Security Chief Talks About Spending Cuts (AARP Article)
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
Four Trump Threats To Social Security
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
This Is How Trump's Social Security Layoffs Could Affect Your Benefits
Mar 05 2025
Workforce cuts may delay benefits, shut down offices and create problems for retirees who rely on government assistance....
money.usnews.com
The Social Security Fairness Act and Your Taxes: Are You Prepared?
Mar 04 2025
To maximize Social Security Fairness Act benefits, retirees will have to minimize unexpected tax burdens....
kiplinger.com
Social Security Administration Cutting 7,000 Jobs in DOGE-Initiated Restructuring
Mar 04 2025
Former SSA Commissioner O’Malley warns of potential system collapse as Democrats rail…...
401kspecialistmag.com
? AARP Urges Outreach to Congress Over Social Security (AARP Article)
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
The Average Monthly Social Security Check: January 2025
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
Social Security Fairness Act - Elimination of WEP/GPO - Back Money Starts Hitting Accounts
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
The Social Security Fairness Act: Good News for Retirees?
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
? Social Security Plans ‘Significant’ Staff Reductions (AARP Article)
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
Social Security Delays
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
Social Security Payment Delayed? Four Reasons Why
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
Social Security Administration Warns of Massive Layoffs: What It Means to You
Feb 28 2025
The Social Security Administration is gearing up to layoff thousands of workers. Here’s how it can impact you....
kiplinger.com
The Price Of Slashing Social Security’s Staff
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
When You Need to Pay Taxes on Social Security
Feb 27 2025
Here's how to find out if you'll pay tax on your Social Security benefits....
money.usnews.com
How Working After 62 Changes Social Security Benefits
Feb 26 2025
One of the most misunderstood Social Security issues is how working past age 62 affects retirement benefits....
forbes.com
Trump’s Plan to Eliminate Taxes on Social Security Forgets Your Children
Feb 26 2025
A new analysis reveals that the policy change would mainly benefit high-earning retirees or those close to retirement....
kiplinger.com
10 Local Social Security Offices to Close After DOGE Cuts
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
Social Security Administration Could Cut Half Its Workforce
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
Could not sign into online Social Security account on morning of 2/26/25
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
Social Security Fairness Act Back Payments Start Arriving This Week
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
UPDATE on the SSA.gov Site explaining when you will get your WEP/GPO correction amount
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
One Retirement Safeguard You've Never Heard of
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
Seven Ways to Reduce Taxes on Social Security Benefits in 2025
Feb 23 2025
Minimizing taxes on Social Security is an essential consideration for many retirees....
kiplinger.com
How Federal Retirees Can Make SSFA Repeals Work for Them
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
Statement from Acting SS is to pacify us
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
Social Security Fairness Act Adds to Pressure on Safety Net
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
Social Security phishing email
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
? How Social Security Survivor Benefits Work (AARP Article)
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
Five Wins for Federal Employees in the Social Security Fairness Act
Feb 21 2025
More money means more opportunities and financial stability for current retirees and future retirees....
kiplinger.com
Top Social Security Official Resigns in Wake of Clash with Musk’s DOGE
Feb 21 2025
Michelle King replaced as acting commissioner by Leland Dudek after King refused to comply…...
401kspecialistmag.com
Social Security Administration: DOGE Cannot Make Changes to Benefit Payments
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
Social Security in 2025: Experts Weigh in on How the Trump Administration’s Plans Could Reshape Retirement
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
Congress Increases Social Security Benefits For Some State And Local Government Employees
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
? Social Security Offers Assurances as AARP Pushes for Protections (AARP Article)
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
I feel like I know a lot about things. Retirement isn’t one of them.
Feb 19 2025
I’m still 10-12 years (12 years is my full SS retirement age) from my retirement. I honestly can’t wait to not be in a hospital all day but I’m always worried that I won’t do i...
reddit.com
How Trump’s Mass Deportations Could Lower the Social Security Trust Funds
Feb 19 2025
Mass deportations could mean less money for already meager Social Security trust funds....
money.usnews.com
Today's "Statement from Lee Dudek, Acting Commissioner..." of SSA
Feb 19 2025
Just released today, this informative letter from the new Acting Commissioner of the SSA. Seehttps://www.ssa.gov/news/press/releases/2025/#2025-02-19 It addresses his own commitment to Social Security...
community.aarp.org
Those huge delays in Social Security processing, Are they?
Feb 19 2025
It doesn't seem that processing times are extraordinarily long such that there is a systemic problem (there is a problem but this is not it). A few thoughts on this: 1 - This article at SSA indicates ...
community.aarp.org
Retirees Get a Raise in Their Social Security Benefits This Week
Feb 18 2025
The 2.5% cost-of-living adjustment (COLA) will begin with benefits payable to retired Social Security beneficiaries in February when their January 2025 payments arrive....
kiplinger.com
Social Security Is DOGE's New Target: What You Need to Know
Feb 18 2025
Elon Musk's Department of Government Efficiency has set its sights on Social Security. Here is why you shouldn't panic....
kiplinger.com
Attacks on Social Security
Feb 18 2025
How is AARP responding to Elom Musk and DOGE accessing SSA files and personal information? This is an all out assault on our retirement system that we have paid into all of our working lives! If DOGE ...
community.aarp.org
? Ways to Stretch Your 2025 Social Security COLA (AARP Article)
Feb 18 2025
FROM THE ARTICLE: 5 Ways to Stretch the Social Security COLA. Try these tips if the 2025 adjustment isn’t keeping up with your costs. By Diane Harris, AARP. *** There are 13 Comments on the AARP...
community.aarp.org
Working While Receiving Social Security
Feb 17 2025
If you're working while receiving Social Security benefits, depending on your income you may be giving up some of the benefit, short term. The post Working While Receiving Social Security appeared fir...
financialducksinarow.com
Presidents and Social Security: How Presidents Have Impacted America's First Social Insurance Policy
Feb 17 2025
Since its inception in 1935, Social Security has expanded its mission and reach. Here is how each president from Roosevelt to Trump has impacted Social Security....
kiplinger.com
Elon Musk Is Attacking Social Security and Medicare
Feb 17 2025
Elon Musk has posted on X (formerly Twitter) that he is "100% certain that the magnitude of fraud in federal entitlements (Social Security, Medicare, Medicaid, Welfare, Disability, etc) exceeds the co...
community.aarp.org
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About Social Security
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.