Joe Biden
Posted inEconomy

Social Security Announces Another Major SSI Payment Date Change – New Schedule for November

Every month, the Social Security Administration (SSA) delivers five rounds of payments to over 71 million beneficiaries, including those receiving retirement, survivor, and disability insurance (RSDI), as well as Supplemental Security Income (SSI) recipients. However, the SSA has announced a slight change in the payment schedule for November 2024, particularly affecting SSI recipients. On Friday, ... Read more
Joe Biden
Posted inEconomy

Historic 2025 COLA Increase – New Benefits for Retirees Announced

In about two months, retirees will be eagerly awaiting the announcement of the 2025 Social Security cost-of-living adjustment (COLA). This important financial update is expected to be released in mid-October, and current projections suggest an increase in Social Security benefits of between 2.6% and 2.7%. However, some experts believe the actual COLA could exceed these ... Read more
Joe Biden
Posted inEconomy

Upcoming Social Security Increase for Retirees – Announcement Date for 2024

As the end of the year approaches, many retired workers are curious about how much their Social Security checks will increase in 2025. Typically, the Social Security Administration (SSA) announces the cost-of-living adjustment (COLA) in October, which determines how much payments will increase to help beneficiaries keep pace with inflation. Last year’s COLA was set ... Read more
Joe Biden
Posted inEconomy

Attention Retirees – If You Were Born on These Dates, Expect a New Social Security Payment This Week

The Social Security Administration (SSA) plays a vital role in ensuring retired workers across the U.S. can maintain a decent quality of life by providing monthly payments. These payments help retirees cover their living expenses and protect them against inflation. But how do you know if you're eligible for these payments, and when can you ... Read more
Justin Trudeau
Posted inEconomy

Seniors Aged 64 and Over to Receive $1,360 per Month – Canada CPP Payment Fact Check

The Canada Pension Plan (CPP) is a fundamental aspect of the country's social safety net, providing financial support to retirees and their families. Managed by the Canada Revenue Agency (CRA), the CPP delivers monthly payments to eligible seniors based on their contributions during their working years. For seniors aged 64 and above, the monthly payment ... Read more
Joe Biden
Posted inEconomy

Social Security – Check out the payment scheduled by the Administration for Black Friday

Black Friday is an exciting day for shopping, but for those relying on Social Security payments, timing is everything. With November 29, 2024, approaching, it's crucial to know when the Social Security Administration (SSA) has scheduled your monthly payments, especially if you’re planning to make some purchases on this big shopping day. Payments Interestingly, there’s ... Read more
Joe Biden
Posted inEconomy

Major Change in Social Security Checks for Retirees – Confirmed by SSA

In less than two months, millions of Social Security beneficiaries will find out how much their checks will increase in 2025. The Social Security Administration (SSA) adjusts these payments annually based on the cost-of-living adjustment (COLA). This adjustment ensures that Social Security benefits maintain their purchasing power, allowing retirees, survivors, and disabled individuals to keep ... Read more
Joe Biden
Posted inEconomy

Potential Social Security Changes for 2025 – New Updates for All Beneficiaries

Social Security is a cornerstone of retirement income for millions of Americans, providing crucial financial assistance through retirement and disability benefits. As we look ahead to 2025, several important changes are expected to take place that could impact beneficiaries. These updates aim to ensure that Social Security continues to meet the needs of low- and ... Read more
Not SSDI or SSI - Check the Largest Social Security Benefit Payment in 2024
Posted inEconomy

Not SSDI or SSI – Check the Largest Social Security Benefit Payment in 2024

When it comes to Social Security benefits, there are various types designed to assist different segments of the population, including workers with disabilities and those with low incomes. However, the largest benefit available in the United States is not linked to disability or Supplemental Security Income (SSI). Instead, it is the benefit reserved for retirees ... Read more