For retirees relying on Social Security, payment schedules can sometimes feel confusing, especially when holidays or bank delays come into play. If you’re worried about your December Social Security payment, here’s a clear breakdown to help you know when and how payments will be issued. Payments Recap If you didn’t receive a Social Security payment … Read more
Life is full of good times and challenges that can affect our lives. Even though change is essential to everyday life, some people may find it more difficult to cope with it than others. As changes happen in everyone’s life, so does Social Security, the federal agency in charge of delivering millions of payments to … Read more
Are you a retiree, on disability (SSDI), or receiving SSI (Supplemental Security Income)? If so, you might be getting a payment within the next two weeks, provided you’re eligible. First up, there’s a payment scheduled for retirees and disability insurance recipients on July 24. To qualify, you must have been receiving benefits since before April … Read more
2023 was a peculiar year as the world gradually emerged from the pandemic, grappling with residual health and economic challenges. Amidst these issues, retirees received a significant cost-of-living adjustment (COLA) of 8.7%, the largest in four decades, to help offset inflation. However, the 2024 COLA saw a much smaller increase of 3.2%, more in line … Read more