The most overt way Social Security beneficiaries preserve their purchasing power against inflation is the annual COLA. However, at only 2.5% for 2025, this is the smallest COLA in several years and might not be enough to offset rising prices. This could prove as a challenge for millions of retirees whose social security benefit stands … Read more
This bill, signed into law by President Joe Biden on January 5, 2025, marked a significant shift in the landscape for Social Security benefits, particularly for public sector retirees. This act essentially does away with two long time provisions: WEP and GPO, long-time provisions which have hitherto reduced the benefits for those who receive pensions … Read more
As every year, millions of Americans feel like doing something special around St. Valentine’s Day. If you rely on Social Security payments, it may be important for you to know whether your monthly payment will arrive before or after St. Valentine’s Day. Overall, only two groups of U.S. pensioners can receive Social Security payments before … Read more
In 2025, Social Security recipients across the United States are eagerly awaiting their first $1,976 checks, as recent adjustments and new policies continue to shape the benefits landscape. But what’s behind this significant boost? Was it due to new policies enacted by the Trump administration, or are other factors at play? Let’s break down the … Read more
Social Security benefits are an essential financial lifeline for millions of retired workers in the United States. As many approach retirement age, one of the most common questions is how much they can expect to receive in monthly payments. The amount a retiree receives depends on several factors, including their work history, earnings, and when … Read more
Social Security spousal benefits provide financial support to individuals who are married to someone who has earned Social Security benefits. If you are married, divorced, or widowed, you may be eligible for spousal benefits based on your spouse’s or ex-spouse’s earnings record. These benefits are particularly important for those who may have limited work history … Read more