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
As we get older, we rely on things working as planned. Social Security payments are a prime example of this expectation. For many seniors, knowing when their Social Security check will arrive is crucial for financial planning and maintaining a stable lifestyle. However, sometimes, payments don’t arrive on the expected day, which can cause concern … Read more
The Social Security Administration (SSA) recently announced a change affecting June payments for retired workers. Staying informed about these payment dates is crucial for Social Security beneficiaries to plan their monthly finances effectively and avoid any financial hiccups. Payment Date Change The SSA oversees several programs, including retirement insurance, disability insurance, the survivors program, and … Read more
If you’re a senior over 62 who has already claimed Social Security payments, it’s time to keep an eye on your bank account. This June, eligible recipients can expect another round of monthly benefits, with payments reaching up to $4,873. Due to a federal holiday on June 19th, the usual schedule has a slight adjustment. … Read more