Social Security COLAs – 6 Important Things Retirees Must Know and How They Affect Your Income

Donald Trump

Tens of millions of Americans rely on Social Security benefits as a key source of retirement income. With the average retired worker receiving around $1,975 per month, Social Security plays a crucial role in financial security. More importantly, it is one of the few income sources that is inflation-protected, thanks to the Cost-of-Living Adjustment (COLA). … Read more

July 2024 Social Security SSI Amount – New Maximum and Eligibility Requirements

Joe Biden

Recent reports and rumors have prompted us to investigate the status of Social Security benefits, including SSI, SSDI, and Veterans Aid. Our research confirms that the U.S. federal government is continuing its regular disbursement of these benefits. This year, eligible recipients might receive an increased Social Security SSI amount in July 2024. Elderly and disabled … Read more