RRecipients of the Supplemental Security Income Program will receive their checks, worth up to $914 for individual filers, in just 11 days. The payment, which will be sent on June 1, is the first of two June checks. The second falls on June 30 because July 1 will be a weekend. There is some variation … Read more
JThe Social Security Administration announces changes to benefits for retirees each October, including an annual cost-of-living adjustment required by law. While this adjustment won’t be released for several months, other changes to benefits for Social Security recipients have come in 2023. On average, Social Security will replace about 40% of a person’s annual pre-retirement earnings, … Read more
Jhe third and final round of three Social Security payments for May, worth up to $4,555, will be sent out in one day, according to the Social Security Administration’s schedule. Payment will be sent to people born between the 21st and 31st of a month and will be paid on May 24, the fourth Wednesday … Read more
Jthere are still two days until the final round of three May Social Security payments, worth up to $4,555, that will be paid to retirees, according to the Social Security Administration. Payment will be made on the fourth Wednesday in May, May 24, to people born after the 21st of the month. Payments are always … Read more
IIn three days, the final round of three May Social Security payments, worth up to $4,555, will be paid to retirees, according to the Social Security Administration’s schedule. Payment will be made on the fourth Wednesday of May for people born after the 21st of the month. Payments are always sent on the second, third … Read more
Social Security bBeneficiaries are struggling to keep up with inflation this year despite a higher than normal cost of living adjustment for 2023, according to a new study. Beneficiaries received about $140 more in salary this year to help offset high inflation. But as costs continue to rise, Social Security recipients have seen their purchasing … Read more
JThe Social Security Administration makes changes to retiree benefits each October, which go into effect the following year. The changes often include a cost of living adjustment (COLA) to their checks, an increase in the maximum income subject to Social Security tax, and an increase in disability benefits, among others. Here are seven changes Social … Read more
