Will the Social Security Fairness Act Bankrupt SSA Trust Funds?

Will the Social Security Fairness Act Bankrupt SSA Trust Funds?

President Joe Biden signed the Social Security Fairness Act on 5th January and it is a step that removes the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). This landmark decision brings higher Social Security payments to millions of retirees but also raises concerns about the program’s future. check out our related article on … Read more

The Future of Social Security: Will You Be Prepared?

The Future of Social Security: Will You Be Prepared?

Social Security is the lifeline for millions of Americans facing an uncertain future. By 2035 the program will struggle to meet its financial obligations leaving retirees and individuals with disabilities facing reduced payments unless Congress acts fast. This article explores the challenges ahead and potential solutions shedding light on how these changes could impact your … Read more

Donald Trump Wants to Make Change Social Security: What Affects Retirees

Donald Trump Wants to Make Change Social Security: What Affects Retirees

Donald Trump is set to retake office on January 20 and major changes may be on the horizon. During his 2024 campaign, he emphasized several big ideas, especially about taxes. One of his most notable proposals includes eliminating taxes on Social Security benefits for retirees. While this might sound like a financial relief for seniors … Read more

Top 10 States to Retire Comfortably on $1,976 Social Security

Top 10 States to Retire Comfortably on $1,976 Social Security

Retirement is an exciting phase of life, but planning where to live can make all the difference in how far your savings and Social Security go. While the average Social Security payment is $1,976 per month ($23,712 annually), some states make it easier to live comfortably on that income. Let’s explore the top ten states … Read more

SSI, SSDI Payment Dates Confirmed for January – Don’t Miss Out!

SSI, SSDI Payment Dates Confirmed for January

Millions of Americans rely on monthly payments from SSI, SSDI, or Social Security retirement benefits. As we move through January 2025, some payments have already been issued, but many recipients are still awaiting theirs. Let’s break down everything you need to know, from payment schedules to amounts, in simple terms. Why Was the SSI Payment … Read more

Good News for Florida: Minimum Wage Increase Florida Residents Will See in 2025

Good News for Florida: Minimum Wage Increase Florida Residents Will See in 2025

This year the largest minimum wage increase Florida residents have ever seen Since the federal minimum wage last increased to $7.25 per hour in 2009 many states including Florida have taken steps to ensure fairer wages for their workers.  For a detailed guide on financial aid opportunities check out our article on FAFSA Application Form … Read more

Good News for Mississippi: Thousands of Social Security Beneficiaries in Mississippi in 2025

Thousands of Social Security Beneficiaries in Mississippi in 2025

Thousands of Social Security beneficiaries in Mississippi can expect positive changes in 2025. The SSA has announced an increase in benefits to help individuals manage their expenses more comfortably. If you are living in Mississippi and rely on Social Security here’s what you need to know about the upcoming changes. Increased benefits for Mississippi residents … Read more

Will the Social Security Fairness Act add an Extra $360 in benefits to you?

Will the Social Security Fairness Act add an Extra $360 in benefits to you?

If you’re a current or former public sector employee or the spouse, ex-spouse or survivor of one you could see a boost in your Social Security payments thanks to the new Social Security Fairness Act.  This law changes the game for millions of retirees by repealing old rules that reduced or even eliminated benefits for … Read more

Big Changes Ahead for Social Security: WEP and GPO Repeal

Big Changes Ahead for Social Security: WEP and GPO Repeal

Millions of Americans, especially public sector workers could soon see a big change in their Social Security benefits. A proposed bill known as the Social Security Fairness Act is gaining attention as it heads for a Senate vote. This bill aims to fix long standing issues in the system that have unfairly affected some teachers, … Read more

Retirement age adjustment starting from January 2025: Impact on Social Security benefits

Retirement age adjustment starting in January 2025

Starting 1  January 2025, there will be updates to the full retirement age (FRA) for Social Security benefits in the United States. These changes are part of a long term plan to keep the program running smoothly. Let’s find out what this means and how it could affect your retirement. What is the full retirement … Read more