Social Security

Expenses

THE LATEST Social Security Reform Proposal - What is your take? [LONG]

Feb 16 2025

Each of these have been proposed - no farther than just getting an SS actuarial analysis. I have not included the analysis of each but you can see them at link below.. SOME of these proposals will INC...

community.aarp.org

Social Security Financing—When You’re in a Hole, Stop Digging Part 2

Feb 15 2025

This is a follow-up to our post of October 14, 2024. In this follow-up post, we will estimate Social Security’s January 1, 2025 Funded Status based on 2024 valuation results and once again point...

howmuchcaniaffordtospendinretirement.blogspot.com

What trigger the start of recieving SS benefits?

Feb 14 2025

I apologize if it is a stupid question but I just don't understand the process. I was reviewing my SS dashboard to see the estimates. That is just for planning. Now I still have at least a decade till...

reddit.com

Social Security Yearly Statements Changed

Feb 14 2025

Something Changed on the Social Security Yearly Statements. I am very diligent about getting my SS Yearly Statements from their website. (I also run a Benefits Estimator set of reports - using income ...

community.aarp.org

The Social Security Work Load on Processing Retirement Applications

Feb 13 2025

Last nite on CNN, host Laurie Coates interviewed DAVID FAHRENTHOLD, INVESTIGATIVE REPORTER, NEW YORK TIMES on this. CNN 02/12/2025 - Laurie Coates interview (transcript) It is the very last interview ...

community.aarp.org

Asking Yourself ‘Now What?’ After Seeing The Social Security Fairness Act?

Feb 12 2025

The Social Security Agency at this point does not have a specific timeframe as to when benefits will be adjusted....

forbes.com

Social Security Payments Were Suspended for Some Americans Abroad. Here's What to Know

Feb 12 2025

Retirees living abroad must complete a questionnaire every 1 to 2 years when sent by the SSA. Failure to respond can lead to the suspension of your benefits; here's how to fix it....

kiplinger.com

?? Biggest Retirement Changes Coming in 2025 (AARP Article)

Feb 12 2025

FROM THE ARTICLE: 9 Ways Retirement Will Be Different in 2025. How changes in Social Security, Medicare, 401(k) contributions and more will affect your finances. By Andy Markowitz, AARP. *** There are...

community.aarp.org

? Social Security Payments Are Protected, Officials Tell AARP (AARP Article)

Feb 12 2025

FROM THE ARTICLE: New Administration Tells AARP Social Security Payments Are Protected. 67 million Americans receive benefits that they have earned. By Andy Markowitz, AARP. Published February 12, 202...

community.aarp.org

PensionBee, SS&C Technologies Launch Safe Harbor IRA

Feb 11 2025

PensionBee and SS&C say the partnership allows former employees to reconnect with their…...

401kspecialistmag.com

Ira

Three Ways to Plan Now for a Social Security Shortfall Later

Feb 09 2025

The outlook for Social Security is gloomy, but you can save now to protect against benefit cuts later. If the cuts don't happen, you'll still be better off....

kiplinger.com

During COVID, Applicants Adjusted to Social Security Office Closings

Feb 09 2025

When COVID swept in, the U.S. Social Security Administration responded quickly and closed its field offices on March 27, 2020. They remained closed for two full years, largely eliminating the option t...

crr.bc.edu

THE MATH DOES NOT WORK

Feb 09 2025

Thru the years, benefits for Social Security have increased in coverage but there has not been enough income coming in to cover these increases in coverage. EXAMPLE - Survivors benefits INCLUDING Divo...

community.aarp.org

? Survey Finds Support for Raising Taxes for Social Security (AARP Article)

Feb 09 2025

FROM THE ARTICLE: Reduction in benefits projected by 2035 unless action is taken to shore up vital program. By Andy Markowitz, AARP. *** There are 93 Comments on the AARP website. Stop by to add yours...

community.aarp.org

SSA Actuary Analysis of 17 Different Proposals to Fix the Social Security Trust Funds

Feb 08 2025

Really interesting the places their heads are going - January 3, 2025 Steny Hoyer, Wendell Primus Estimates of the Financial Effects on Social Security of potential legislation to improve the solvency...

community.aarp.org

New bill introduced about taxes on SS income.

Feb 07 2025

Social Security Taxes to Change Under New Bill: Here's Who's Impacted...

community.aarp.org

What will happen next? Will I still receive my retirement benefits?

Feb 07 2025

I am now truly scared; I rely totally on my social security retirement monthly check. What happens if these two outside the system choose to end that? They've ended other programs within 20 days; what...

community.aarp.org

AARP Advocacy Role in Recent Social Security/Medicare Musk Overreach

Feb 06 2025

Has AARP taken a stand regarding Musk and his minions having access to American's Social Security and Medicare data via the Department of Treasury? Elon Musk is an unelected player appointed by the pr...

community.aarp.org

Need help understanding Surivor Benefit for my Mother in Law

Feb 06 2025

My mother in law is a widower who turns 60 this month 2/21 Her Husband passed 7/2015 and he was born 10/27/1960 We called SSA and they told her she was eligible to claim SS against her passed husband ...

community.aarp.org

Spouse

Social Security Fairness Act Checklist: Six Things to Know

Feb 05 2025

This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including how much more money they may receive....

kiplinger.com

No Taxes on Social Security? Here’s What Trump’s Plan Means for You

Feb 05 2025

For nearly 50 years after Social Security's inception in 1935, benefits were not subject to federal income taxes. That changed in 1983 when Congress introduced taxation on benefits for higher-income r...

buzzsprout.com

New free guide to filing for Social Security benefits now available

Feb 04 2025

To read this story on KSL.com, click here. Are you counting on Social Security as an important source of income in retirement? You’re not alone. Nine out of 10 Americans…...

bossretirement.com

Retirement Challenges in 2025: Market Volatility, Inflation and Social Security

Feb 04 2025

Inflation, uncertain markets and a limited Social Security COLA are among the financial hurdles for retirees in 2025....

money.usnews.com

Inflation

Social security site estimate question

Feb 03 2025

Hi all, took a 2 day retirement class and the instructor kept harping on thinking using the official social security site benefits estimator to figure what monthly benefits would be to give you a corr...

reddit.com

Could Elon Musk Be Paying Your Social Security Check?

Feb 03 2025

Musk now has access the US Treasury payment system, which handles Social Security payments. Will your check be on time? Will your data be safe?...

kiplinger.com

Treasury Department Takeover

Feb 03 2025

What is AARP doing to help ensure the security and stability of Social Security and Medicare payments to millions of retirees in light of Elon Musk's takeover of the computer payment systems at the U....

community.aarp.org

Would Enacting the Hoyer/Primus Proposal “Fix” Social Security?

Feb 03 2025

In early January, Social Security’s retiring Chief Actuary, Steve Goss, releasedan actuarial valuation of a proposal intended to improve the solvency of the Social Security trust funds based on ...

howmuchcaniaffordtospendinretirement.blogspot.com

Retiring

How To Save Social Security — Pay More Taxes? Cut Benefits?

Feb 01 2025

These proposals to save Social Security may require big changes, but Americans want politicians to act. Are you willing to pay more taxes?...

kiplinger.com

How To

FYI: Social Security Administration - CALENDAR OF WHEN BENEFITS ARE PAID 2025

Feb 01 2025

This is the Social Security Calendar for 2025 benefits payments - This is normally the date that SSA pays the benefits but it could show up in your bank account a day or so before or after depending o...

community.aarp.org

What Is the February Social Security Payment Schedule?

Jan 31 2025

The date your February Social Security benefit arrives depends on what day of the month you were born. Payments follow the month they are due, so your February check is for January....

kiplinger.com

Inbox Questions | Should Early Social Security Factor Into Retirement Calculations?

Jan 31 2025

In this episode, we address Joe’s question about how claiming Social Security benefits early can reduce withdrawals from retirement accounts and potentially lead to greater long-term growth. Joe...

sites.libsyn.com

5 Advanced Social Security Strategies to Maximize Your Retirement Income

Jan 29 2025

To maximize your Social Security benefits in retirement, it’s essential to understand five key limits and thresholds: ✅ Earnings Limit: If you start Social Security before full retirement ...

buzzsprout.com

Don’t Miss This Social Security Benefit for Older Parents

Jan 29 2025

If you had children later in life, they might be entitled to Social Security benefits when you retire....

money.usnews.com

Parents

What the Federal Grants Pause Means for Social Security and Medicare

Jan 28 2025

The White House has ordered a pause on all Federal grants and loans but left Social Security and Medicare off the list....

kiplinger.com

Social Security Retroactive Payments and 2025 Increases Are Delayed

Jan 28 2025

Public sector retirees, spouses' or surviving spouses' benefits will be delayed until further notice. The SSA must manually adjust benefits for over 3 million beneficiaries....

kiplinger.com

Missing credit on latest SS statement, when 40 credits were achieved previously.

Jan 28 2025

Long story short - we pull our statements every January. The latest statement (2025) shows that my wife is now back down to 39 credits when she had 40 credits on the previous two statements (2023 &...

community.aarp.org

Question about planning wife's SS benefits

Jan 26 2025

I have seen contradictory information about this question online and don't find anything on the SSA website that addresses it. I am 75, the high wage-earner, and started collecting my benefits at age ...

community.aarp.org

Spouse

Any single folks on this sub worried about not working anymore?

Jan 25 2025

Hi there! Would love to hear from like minded middle class, I hope, single people who are worried because the have less than $500,000 saved? I’m 65 in April. Have not taken SS yet. Taking one ye...

reddit.com

How And Why I Delayed My Social Security Until Age 70

Jan 24 2025

What are your good reasons for deciding when to start your Social Security benefits?...

forbes.com

Major Social Security Bill Passed: $190B in New Benefits to be Paid After Eliminating WEP & GPO

Jan 23 2025

The Social Security Fairness Act, signed into law on January 5 by former President Joe Biden, repeals the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which previously red...

buzzsprout.com

How Much Could Trump’s Social Security Pick Impact Your Benefits? What to Expect in 2025

Jan 22 2025

President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?...

money.usnews.com

How Much

A Social Security Storm Is Gathering: Here's Your Safety Plan

Jan 20 2025

If Social Security reserves are depleted by 2033, as predicted, future benefits could be cut by as much as 21%. Here’s how to weather the impending storm....

kiplinger.com

The Social Security Fairness Act: Are Your Benefits Impacted?

Jan 17 2025

Learn about the Social Security Fairness Act, new legislation that restores benefits to public service workers. The post The Social Security Fairness Act: Are Your Benefits Impacted? appeared first on...

boldin.com

Spousal benefits and repeal of GPO

Jan 16 2025

I am 76 and my spouse is 79. She applied for Social Security benefits at her full retirement age. I was subject to GPO so I couldn't apply for spousal benefits. Please help me with the following quest...

community.aarp.org

Spouse

Here’s How Social Security, Retirement Planning, and Taxes are Changing in 2025

Jan 16 2025

Happy 2025! At Keen Wealth, we're often of two minds at the beginning of the New Year. On the one hand, Tax Day is just around the corner, so we're helping folks put a bow on last year's financials an...

keenonretirement.libsyn.com

Raising the Social Security Retirement Age to 69 Proposed

Jan 15 2025

Workers have two choices if the full retirement age ever increases to 69. Work longer or collect less....

kiplinger.com

Is social security taxable?

Jan 14 2025

Is your Social Security income taxable? The answer isn't exactly a simple one....

empower.com

Unsure when to start drawing SS benefit.

Jan 14 2025

Background information: I'm currently 66-4 months and full retirement age is 66-8 months. My wife is 55. I retired 2 years ago and my wife will be retiring in 2 months. We both are collecting decent p...

community.aarp.org

When to File For Social Security Benefits

Jan 13 2025

A discussion of factors to consider while deciding when to file for Social Security benefits, factoring in age and other components. The post When to File For Social Security Benefits appeared first o...

financialducksinarow.com