Millions of American retirees eagerly anticipate the Social Security cost-of-living adjustment (COLA) for 2025, but will the increase be significant or modest? If your current Social Security check is below the average, the boost you receive after the COLA might be underwhelming. Here’s what you need to know about the latest COLA projections and what … Read more
If you’re a Social Security retirement recipient or a Supplemental Security Income (SSI) beneficiary, it’s essential to stay informed about your payment dates, especially as we move through August 2024. Here’s what you need to know about the upcoming payments, eligibility criteria, and more. Payment Dates Social Security retirement payments are distributed based on your … Read more
Millions of Supplemental Security Income (SSI) recipients will see a significant change as of September 30, 2024. The Social Security Administration (SSA) has announced updates to the SSI program that could alter eligibility requirements, impacting over 8 million low-income Americans who rely on these checks to cover essential expenses. Without these monthly payments, many would … Read more
Starting in October 2024, some Social Security beneficiaries will see an earlier-than-usual increase in their benefits due to changes in the way the Social Security Administration (SSA) calculates income. This change is primarily for participants in the Supplemental Security Income (SSI) program, which aids seniors with insufficient income and individuals with disabilities like blindness. The … Read more
On October 1, millions of Supplemental Security Income (SSI) recipients will benefit from a new law that took effect on September 30. The Social Security Administration (SSA) has made significant adjustments to the SSI program, expanding benefits and removing barriers for applicants. These changes will impact individuals and children who are blind, disabled, or over … Read more