Personal finance

Major changes are on the horizon for Social Security recipients across the United States, especially those struggling with student loan debt. This shift is tied to newly reinstated cost-saving measures that aim to reduce federal spending but could leave many beneficiaries worried about their monthly checks. Over the past few months, the Social Security Administration … Read more

Discover why updating your address is vital to keep your monthly retirement payments coming without disruptions. Whether you’re planning a major cross-country relocation or a short trip across the border of a neighboring state, staying connected with the Social Security Administration (SSA) can prevent lost checks and missed opportunities. Retirement benefits are federal, so moving … Read more

The Social Security Administration (SSA) periodically reviews certain disability cases to ensure recipients still qualify for payments. These evaluations, known as Continuing Disability Reviews (CDRs), aim to confirm that a person’s medical condition and work status remain aligned with SSDI requirements. The main goal of a CDR is to verify ongoing eligibility for SSDI. If … Read more

If you collect Social Security, a fresh announcement might affect your monthly checks more than you think. Overpayments are at the center of this change, prompting the Social Security Administration (SSA) to take faster and more aggressive measures. Millions of Social Security recipients—particularly those who received incorrect benefit amounts—could find themselves repaying money faster than … Read more

A controversial anti-fraud policy that imposed a three-day waiting period on phone-based retirement claims has been scrapped, potentially speeding up benefits for hundreds of thousands of retirees. The Social Security Administration (SSA) announced the change this week, citing concerns from advocacy groups and internal data showing minimal success in detecting fraud. In its initial rollout, … Read more

Trump campaigned on a promise to reduce Social Security taxes, but the latest Republican-backed tax bill moving through the House seems to have left that pledge on the sidelines. Instead, lawmakers have introduced another form of tax relief that could benefit millions of seniors. In this article, we explore what happened to the proposed cuts … Read more

Changes will take effect from May 2025, signaling a major shift for American workers planning their retirement. This update affects those who expected to claim full Social Security benefits upon turning 65 and now face a longer wait. Starting next spring, the Social Security Administration (SSA) will continue implementing reforms enacted decades ago, gradually increasing … Read more

The Social Security Administration (SSA) will release its final May payment on Wednesday, May 28, offering critical support for retirees, people with disabilities, and survivors. Many beneficiaries are eager to see this deposit, especially since it includes a cost-of-living adjustment (COLA) intended to help with rising expenses. This round primarily goes to individuals born between … Read more

The Social Security Administration (SSA) has just rescinded a key part of its anti-fraud policy, which had caused confusion among retirees and sparked nationwide concern. The announcement follows a wave of criticism from senior advocacy groups who claimed the measure delayed much-needed retirement benefits. Under pressure from a growing backlog of nearly 575,000 retirement claims, … Read more

The Social Security Fairness Act has finally taken effect, and millions of recipients nationwide are now seeing larger monthly checks. Signed by President Joe Biden in January 2025, this legislation eliminates the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), granting a boost to public servants who were long penalized under these rules. However, … Read more

Starting in May, beneficiaries of Supplemental Security Income (SSI) will receive an early payment intended for June. This change has been made by the Social Security Administration (SSA) to ensure recipients have access to their funds at the start of the new month. Here’s everything you need to know. The SSA has set up a … Read more