Social Security

Social Security recipients and individuals on fixed incomes in the United States are set to receive a slight boost in their monthly benefit checks as the government announces a 3.2% increase in the estimated average monthly retirement…

As we approach 2024, the Social Security Administration (SSA) has released updates on benefit levels, revealing a 3.2% increase in retirement income due to the cost of living adjustment.  This adjustment means that, on average, Social…

Social Security scams have experienced a significant surge in recent years, reaching alarming heights in 2022, with Americans aged 60 and older reporting $3.1 billion in scam losses, marking an 84% increase from the previous year, according…

As the Social Security Administration gears up to send out Cost-of-Living Adjustment (COLA) notices for 2024, early claimers can anticipate a much-needed boost in their benefits.  This annual increase, set at 3.2% for 2024, aims to…

Senior stimulus checks distributed by the IRS under the Old Age Relief Bill commenced in December as part of the ongoing commitment to provide financial assistance to American citizens affected by the COVID-19 pandemic.  This financial…

The Social Security Administration (SSA) plays a pivotal role in providing essential benefits to citizens across the United States, and one of its critical monthly offerings is the Supplemental Security Income (SSI).  December 2023…

A key component of financial planning is estimating your monthly Social Security benefit in retirement, which is largely based on your retirement plan and career decisions. The government program can provide a substantial income, with…

For those receiving Social Security benefits, a welcome change is on the horizon. A cost-of-living adjustment (COLA) is set to take effect in 2024, bringing a 3.2% increase in benefit payments.  This adjustment is designed to offset the…