Social Security in 2025: Payment Schedules and COLA Increases

As the year draws to a close, the Social Security Administration (SSA) is getting ready to distribute a particularly generous payout for the month of December to retired workers who are eligible for it. It is anticipated that beneficiaries will receive an average payment of $1,914, with delivery timed around the holidays to ensure that … Read more

Social Security Benefits at Age 70: How to Qualify for $4,873 Across Two Payments

The Social Security Administration has recently announced two more pay days this November for retirees, and cleared many misconceptions about whom this will affect, including when. The money it disburses comes to retirees and other qualified recipients, one of whom may include individuals who qualify for Social Security Disability Insurance, and can go up as … Read more

SSDI Direct Deposits: $421 & $495 Scheduled for November 2024 – Are You Eligible?

Financial help for disabled workers and their families comes from Social Security Disability Insurance. This month, Social Security will credit SSDI payments on November 20, 2024 accounts of some eligible recipients. Read further to learn who qualifies for this payment, the amount, and special payment schedule. Who Qualifies for the November 20 Payment? Not every … Read more

Social Security Benefits May Drop by $300 – Expect the Change Sooner Than Expected

These projections have indicated that, by 2033, the Social Security Trust Fund will be depleted and further and current beneficiaries are in limbo. There are primarily two main pillars among which are the Old-Age and Survivors Insurance (OASI) Trust Fund, and the payroll taxes. However, the current payroll taxes can never cover all benefits provided. … Read more

$4,873 Social Security Payment for November: Issued 8 Days After Election Day

$4,873 Social Security Payment for November: Issued 8 Days After Election Day

It will be the Social Security Administration that sends this next payment, $4,873, on November 13, 2024. And few workers will qualify because the administration has chosen to set so many criteria. And so you can tell it’s a demanding challenge. You will get it on November 13 or later, as well, and more. So … Read more