The official COLA won't be announced by the Social Security Administration until October, but it's worth paying attention to ...

As retirement approaches, it becomes increasingly important to understand how long your financial resources might need to ...

A Social Security example would be someone with an annual working income of $35,000 will have their benefits reduced by $5,800. The total benefit they will receive for the year is $2,600, which is ...

Note that nonretirement for Social Security beneficiaries, like disability insurance or benefits, may take as long as three to five months for approval.This is also good to keep in mind when ...

Between the fiscal years of 2015 and 2022, the Social Security Administration paid out almost $72 billion in incorrect payments, according to the SSA’s Office of the Inspector General. Overpayments ...

4. Expediting direct deposit changes. Changing your direct deposit information with the SSA used to take up to 30 days. Beginning in April 2025, these updates will now take just one business day.

As an American taxpayer, you’ve likely heard about Social Security your entire working life, and perhaps even bemoaned the ...