beneficiaries

Confirmed Social Security Payments for August – New Mailing Dates for SSDI and SSI

by
Joe Biden

August has arrived, bringing essential Social Security payments for SSI recipients and beneficiaries from the retirement, survivor, and disability insurance (RSDI) program. Following the first two payments of the month, RSDI beneficiaries who claimed benefits after May 1997 will receive three additional payments based on their birth dates. Additionally, SSI recipients will receive an extra … Read more

Goodbye to SSI benefits in September – Social Security announces the change

by
Joe Biden

Millions of Social Security beneficiaries rely on their monthly payments to cover living expenses, especially those on Supplemental Security Income (SSI). However, a change in the payment schedule means that next month, SSI recipients will not receive their benefits as usual. This article explains the upcoming changes and how they affect SSI beneficiaries. Payment Schedule … Read more

Double SSI payment from Social Security in August – Expect Checks for $943

by
Joe Biden

The Social Security Administration (SSA) has recently announced a new double Supplemental Security Income (SSI) payment for millions of beneficiaries. This new payment plan targets those who qualify and meet specific income and resource requirements. Here’s a detailed breakdown of what beneficiaries can expect and how the payment schedule will work. Payment On average, SSI … Read more

Goodbye to SSI Benefits for Thousands of Americans – Know the Reason Why

by
Joe Biden

This month brings surprising news for beneficiaries of the Supplemental Security Income (SSI) program, as over 100,000 people were removed from the program. According to SSA data, the number of people receiving SSI benefits decreased by 119,395 from May 2023 to May 2024. The SSI program aims to provide financial assistance to over 7 million … Read more

Social Security Check Increase – Experts Reveal the Expected Amount

by
Joe Biden

Knowing the yearly increase in Social Security checks is crucial for millions of Americans who depend on these payments for their essential needs like housing, food, healthcare, and entertainment. One key factor influencing these payments is the cost of living adjustment (COLA). Each year, the Social Security Administration (SSA) implements a COLA to adjust Social … Read more

Confirmed Changes to Required Minimum Distributions (RMDs) – Impact on Inherited Accounts

by
Joe Biden

Retirement accounts aren’t solely for the original account holders. They can be passed on to heirs, allowing them to benefit from years of savings. However, beneficiaries have long faced challenges in knowing how and when to withdraw funds from these accounts, which remains a significant issue. Secure Act Changes The Secure Act of 2019 introduced … Read more

New $2,000+ Social Security Payment This Week for Those Born Between These Dates

by
Joe Biden

This week, a new Social Security payment exceeding $2,000 will be issued to eligible beneficiaries born between the 21st and 31st who qualify for the Social Security Disability Insurance (SSDI) program. To receive this payment, disabled individuals must meet specific criteria. Payment amounts vary based on each beneficiary’s unique circumstances, disability type, and Social Security … Read more

Two Consecutive Social Security Payments Scheduled for August

by
Joe Biden

The Social Security Administration (SSA) continues to disburse payments to retirees and beneficiaries this summer. Tomorrow marks the second round of July retirement payments, ensuring that recipients receive their funds on schedule. However, August brings a unique twist to the Social Security calendar, resulting in some beneficiaries receiving two payments in the same month. This … Read more