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About 7.5 million Americans receiving Supplemental Security Income (SSI) are eager to learn when the 2025 cost-of-living adjustment (COLA) will affect their payments. The 2.5% COLA boost will raise individual benefits from $943 to $967 in late 2024. Here’s a detailed breakdown of the changes and how they will impact payments. Payments Typically, SSI payments … Read more
The U.S. Government is set to issue the largest Social Security payments in history. This significant increase will take effect in January 2025, providing a financial boost to retirees and some Supplemental Security Income (SSI) recipients. Thanks to the cost-of-living adjustment (COLA), Americans can expect a notable rise in benefits, but only those meeting specific … Read more
When the Social Security Administration (SSA) announced the 2025 cost-of-living adjustment (COLA) of 2.5% on October 10, it sparked concern among many beneficiaries. While the adjustment reflects a cooling inflation rate, the modest increase has left many retirees wondering how far their checks will stretch in the new year. Let’s break down the impact of … Read more
The Social Security Administration (SSA) recently announced some important updates for 2025 that could have a significant impact on your benefits. Among these changes are a 2.5% cost-of-living adjustment (COLA) and a potential maximum monthly benefit increase to $5,108. Whether you’re already receiving benefits or planning your retirement, knowing these updates and using the right … Read more
Project 2025, spearheaded by The Heritage Foundation, is a sweeping initiative designed to overhaul federal agencies, including the Department of Veterans Affairs (VA). The project reflects a conservative vision for reforming public institutions by emphasizing privatization, efficiency, and reduced government spending. While the initiative offers potential benefits like cost reduction and improved service delivery, it … Read more
November is winding down, but there’s still an important financial update for Supplemental Security Income (SSI) recipients. While most Social Security payments for the month have already been distributed, one additional SSI payment for December is being sent out early due to a quirk in the calendar. Here’s what you need to know about this … Read more
November has been a busy month for Social Security payments, with millions of Americans still set to receive benefits from the Social Security Administration (SSA). Whether you’re relying on Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI), or retirement benefits, knowing the payment schedule and eligibility requirements is essential to ensure you don’t miss … Read more