The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 19 days. Here is all you need to know about February’s Social Security payments,

The Social Security Administration (SSA) automatically pays you the larger of your own retirement benefit and your spousal benefit if you're eligible for both. Your own retirement benefit is based on your average monthly income throughout your working years, adjusted for inflation and your age when you claim it.

The Social Security Administration's "full retirement age" will increase by two months in 2025 to 66 years and 10 months, raising the age for when workers can begin receiving full Social Security retirement benefits.

The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.

Social Security is one of the most important income sources for retirees. Most people qualify for retirement benefits as long as they worked long enough, and the benefits are both protected from the impact of inflation and guaranteed to last until your death.

But you should know that if you're planning to retire on Social Security alone this year, you may be setting yourself up for some pretty tough times ahead. Here's what your monthly income might look like -- and why it may not be anywhere close to enough.

Although millions of Americans do not have to pay taxes on their hard-earned Social Security checks, federal and state tax laws can effectively reduce the payments retirees receive. Nine states still tax Social Security benefits in 2025,

As simple words go, “retirement’’ carries a lot of weight and a lot of baggage. Now that retirement is bouncing around in your mind, and you entertain the thought of giving up your day job, you ask yourself: One answer responds to both questions.

Social Security retirement benefits have long been a financial lifeline for millions of retired Americans. As of November 2024, over 54.2 million Americans were receiving them, and many rely on them for a significant portion of their retirement income.