The Social Security Administration (SSA) has officially confirmed that there will be no Supplemental Security Income (SSI) payments made in December 2024. This change is due to the standard SSI payment schedule, which adjusts when the 1st of the month falls on a weekend or federal holiday. As a result, beneficiaries will receive their December … Read more
Social Security changes are approaching in 2025, and retirees have until November 20 to prepare. This deadline is crucial for taking steps that can maximize monthly benefits. With the Cost of Living Adjustment (COLA) recently announced, understanding these changes and how they affect retirement income can help beneficiaries plan better for the future. Key Dates … Read more
Starting in January 2025, Social Security benefits will reflect the new Cost of Living Adjustment (COLA). This adjustment is added every year to help Social Security beneficiaries keep up with inflation and rising costs. The COLA increase for 2025 is estimated to be around 2.5%, meaning that beneficiaries will receive a little more each month … Read more
In November 2024, retirees across the U.S. will receive their Social Security payments, but not all on the same date. Some retirees have already received their checks or direct deposits on November 1, while others will receive their payments on different dates. The good news is that there are still a few more payment dates … Read more
In 2024, the government is updating the amounts and schedules for Social Security, SSI, SSDI, and VA benefits. These updates include a 3.2% increase due to the cost-of-living adjustment (COLA). This article will explain the new payment schedules, benefit amounts, and provide helpful tips on managing your monthly payments. It’s important to stay informed so … Read more
In November, the Social Security Administration (SSA) will make six payments to different groups of people. This includes retirees, survivors, disabled individuals, and those who receive Supplemental Security Income (SSI). These payments help ensure that everyone gets their money on time, especially during the holiday season. Let’s break down the payment schedule and what you … Read more