With around 76 million baby boomers in the U.S., many people worry about the future of Social Security. As this generation retires, some fear the Baby Boomers Will Drain Social Security Funds. But is this the case?. Many believe Social Security will run out of money in the next 10 years. This fear comes from … Read more
Many Americans rely on Social Security to help fund their retirement. In fact, 60% of retirees say it’s a major part of their income, according to a Gallup poll. However, most don’t realize how different Factors That Could Affect Your Social Security Benefits. Let’s take a look at three things that can change your Social … Read more
You may be eligible to receive Social Security Benefits When Spouse Dies. These benefits can provide financial support based on your spouse’s earnings and your eligibility. Knowing how these benefits work can help you secure the assistance you deserve during this difficult time. Who Can Get Social Security Benefits When Spouse Dies Not everyone qualifies … Read more
Retirement is an important milestone, but it doesn’t mean the process is over. Even after retiring, Social Security has certain rules that retirees must follow to keep receiving their benefits. One key rule applies to those over 65 who continue working—earning too much money could lead to reduced Social Security payments. The Social Security Administration … Read more
Social Security Changes May Impact the US Economy and population needs. While some updates are beneficial not all adjustments favor retirees. In 2025 Social Security benefits have increased by 2.5% reflecting a lower inflation rate. However other changes could impact taxpayers and future retirees in significant ways. Key Social Security Changes May Impact the US … Read more
Millions of retired public workers were promised improved Social Security benefits under the new law, but many are still waiting for their payments. The Social Security Administration (SSA) has cited staffing shortages and budget constraints as major hurdles, warning that processing these adjustments could take over a year. However, retirees who were expecting financial relief … Read more
Retirement is a big concern for many Americans especially with Social Security playing such a huge role in their financial future. Trump’s Social Security Plan Social has sparked debates with experts warning that his proposals could drain the program funds much sooner than expected. If changes happen what does it mean for your retirement? And … Read more
Social Security Financial Crisis that could result in benefit cuts. Even more concerning is that these cuts might not be far off. Both current workers and retirees should start preparing for this possibility and have a backup plan in place. Millions of retirees across the United States rely on Social Security for a major portion … Read more
If you receive $970 Social Security SSI Payments, there’s good news! The Social Security Administration is sending an early February payment on Friday, January 31, 2025. This is because February 1 falls on a Saturday so the payment is being processed a day earlier. If you’re expecting Social Security benefits, you might also want to … Read more
Rising Costs Outpacing 2025 Retirement Pension Increase. Despite the 2025 pension increase in the United States many retirees feel it falls short due to rising inflation. Shortly after the Social Security Administration announced the adjustment prices of essential goods and services climbed reducing the real impact of the benefit boost. According to financial experts, pensions … Read more