Retirees in the United States could lose their Social Security benefits if they don’t follow the latest requirements from the Social Security Administration (SSA). The SSA has announced a major change for retirees’ online accounts: those who registered before September 18, 2021, must now use the new Login.gov access system. Here’s what you need to … Read more
Thousands of retirees could lose their Social Security accounts if they fail to comply with new guidelines from the Social Security Administration (SSA). The SSA has confirmed that retirees who do not transition to the new Login.gov account by August 31st will face account termination. This change affects all beneficiaries who registered for an online … Read more
A recent decision by the Colorado Court of Appeals has raised concerns among Social Security beneficiaries. The court ruled that Social Security benefits can be considered as income in alimony cases during divorce proceedings. This revolutionary decision challenges traditional interpretations of federal law and could impact millions of retirees and divorcees across the United States. … Read more
As rumors about a $49 monthly Cost of Living Adjustment (COLA) increase for 2025 circulate, many recipients express dissatisfaction with the update. Here’s what you need to know about the projected COLA increase and its implications for retirees. Millions of retirees rely heavily on Social Security benefits to cover their daily expenses. For approximately 60% … Read more
Social Security is a crucial source of financial stability for many Americans, including retirees, survivors, and people with disabilities. While benefits under these programs are generally guaranteed, there are circumstances under which they may be reduced or terminated. Programs Social Security consists of three main programs: Despite its importance, current eligibility for benefits does not … Read more
The recent ruling by the Colorado Court of Appeals has stirred significant changes for retirees, especially regarding Social Security benefits and alimony. The court decided that Social Security benefits could be used to determine spousal support income, impacting the financial landscape for many retirees. This decision aligns with federal law, which states that Social Security … Read more
Cost-of-Living Adjustments (COLA) are crucial for retirees and Social Security beneficiaries, as they determine the annual increase in benefits to keep pace with inflation. Despite their importance, inadequate COLA increases have significantly eroded the purchasing power of Social Security income over the years. According to the Senior Citizens League (TSCL), a nonpartisan advocacy group, Social … Read more