The Social Security Administration (SSA) is making major budget cuts, significantly reducing its spending on private contractors. The agency is prioritizing full-time government jobs over outsourced work to manage costs more efficiently. Acting Commissioner Leland Dudek shared the decision with SSA employees during a meeting on Wednesday. Major Contractors Affected Two of the biggest private … Read more
Many retirees rely on Social Security as their main source of income, and in 2025, the average monthly payment is around $1,800. This payment helps cover essential expenses like housing, groceries, and medical costs. Some retirees also use it for larger purchases, such as replacing household appliances. But who qualifies for this payment, and how … Read more
The Social Security Administration (SSA) is offering financial incentives to employees willing to resign voluntarily ahead of planned workforce reductions. Employees who opt in can receive payments ranging from $15,000 to $25,000. The agency is preparing for major restructuring, which includes staff cuts and reassignments. Why Is the SSA Offering Voluntary Buyouts? SSA officials have … Read more
The Social Security Administration (SSA) has issued an urgent alert to retirees across the U.S. If certain requirements aren’t met, monthly benefit payments could be delayed or even stopped permanently. To avoid this, retirees must keep their details updated and follow all necessary guidelines. Millions of Americans depend on Social Security to pay for basic … Read more
Millions of people rely on Supplemental Security Income (SSI) to help cover basic living expenses. However, not everyone receives the same payment amount. According to SSI payment update for March 2025, SSI recipients will receive either $803, $745, or $576, depending on their income, living arrangements, and in-kind support. If you’re wondering why these amounts … Read more
Millions of Americans rely on Social Security payments every month. If you receive retirement, disability, or survivor benefits, you might wonder when your March 2025 payment will arrive. The Social Security Administration (SSA) has a set schedule for sending out benefits, and your payment date depends on your birth date and when you started receiving … Read more
Supplemental Security Income (SSI) provides financial assistance to those who need it most. Starting in 2025 beneficiaries could get higher payments due to adjustments for inflation. Here’s what you need to know about who’s eligible, how much they could get, and when payments will arrive. How Much Will SSI Pay in 2025? The amount of … Read more
The Social Security Administration (SSA) sent termination notices to several employees this week. While layoffs across federal agencies have been a common theme since President Donald Trump returned to office, the cuts at SSA are on a much smaller scale compared to other departments. The Department of Government Efficiency, led by billionaire Elon Musk, has … Read more
If you’re 66 years old, you may have a Social Security payment coming your way soon. Your payment could arrive in February or March depending on when you were born and when you filed for benefits. Here’s a breakdown of when to expect your money and how much you might receive. How Much Will You … Read more
If you receive Supplemental Security Income (SSI), your next payment will arrive on February 28, 2025. Normally, SSI payments are sent out on the first day of each month, so this might seem unusual. However, since March 1 falls on a Saturday, the Social Security Administration (SSA) is moving the payment to the last business … Read more