Social Security Update: 72 Million Americans to Get Benefits Boost
An estimated 72.5 million Social Security recipients will benefit from a 2.5 percent increase in their payments this year thanks to the annual cost-of-living adjustment (COLA). Inflation, which has been above Federal Reserve targets for several years now,
Risking Your Social Security Benefits? Here's What to Watch Out For
Fact checked by Giselle Cancio If you're a qualified American, you're entitled to receive your hard-earned Social Security benefits in retirement. However, you may find yourself in a situation where your Social Security benefits are smaller than expected because you've earned too much money while receiving early retirement benefits.
Cooling COLA: 2024 Social Security Benefits Up 3.2% Amid Lower Inflation
The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal government’s 3.2% annual cost-of-living adjustment, or COLA. A 3.2% increase in the average Social Security check—about $1,
The Social Security Fairness Act: What we know so far
The Social Security Fairness Act eliminates the reduction of Social Security benefits based on your work record or the work record of your spouse or former spouse while entitled to a public pension from work not covered by Social Security,
How to prepare for Social Security benefit taxes if you'll owe them in 2025
The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for their marital status.
Social Security Fairness Act Will Boost Retirement Benefits For Millions. Will You Be Impacted?
The new Social Security Fairness Act was just signed into law by President Biden. What is the Act and how could it impact your Social Security benefits in 2025?
Social Security Fairness Act signed into law by Biden, enhancing retirement benefits for millions
New law means police officers, teachers and others with public pensions will now collect their full Social Security benefits.
Retirement income sources to consider when Social Security isn't enough to make ends meet
You'll have the best chance of staying comfortable in retirement if you have other sources of income to supplement your Social Security benefits.
Social Security 2025: Are you eligible for spousal benefits? What to know
Social Security benefits are typically based on a person’s 35 highest-earning years of work, but if your spouse earned significantly more or your history is limited you could benefit more from spousal benefits.
41 States That Don't Tax Social Security Benefits
The good news is that in most cases, Social Security is not taxable at the state level. 41 states do not tax Social Security income whatsoever. Not only that, but most of the states that do tax Social Security use far looser rules than the federal government.
More than 100,000 Ohio retirees, public workers to get more money from Social Security
Here's how a retired Canton City firefighter got invited to President Joe Biden's signing of the Social Security Fairness Act.
Statistics Say: This Is the Best Age to Claim Social Security
If you're nearing retirement, you may be asking yourself the same question millions of Americans have asked themselves: when ...
Who Is Affected By The Social Security Fairness Act And What To Do Next
Over 2 million Social Security beneficiaries had their retirement incomes reduced because of two programs. Here's how the ...
Veteran advisor shares a key to maximizing Social Security income
One of the most critical decisions is when to start receiving Social Security benefits. Social Security is a primary source ...
This 1 move could shrink your Social Security check by up to 30%
You can maximize your benefits if you wait to claim Social Security until your full retirement age or older. However, ...
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Bill to increase retirement benefits for Georgia teachers and first responders becomes law
A bipartisan bill to increase retirement benefits for Georgia teachers and first responders is now law. Last month, Senator ...
New Social Security benefit increases for nearly 3 million Americans may trigger higher tax bill, Medicare premium costs
Nearly 3 million Americans are poised to see bigger Social Security benefit checks. For some, that could trigger larger tax ...