Tag: Social Security
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SSA Removes SSI Payment Barriers
The Social Security Administration (SSA) announced two of several updates to its Supplemental Security Income (SSI) regulations that will help people receiving and applying for benefits offered through this federal program. SSI provides monthly payments to adults and children with a disability or blindness, and to adults aged 65 and older who have limited income…
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SSA Talks Audio Series
Will Social Security be there when I retire? That’s the question we’re answering in the latest episode of our audio series, SSA Talks. Our Chief Actuary Steve Goss sheds light on our trust funds and how they relate to your future benefits. The 12-minute episode includes a fact sheet and transcript. The fact sheet provides…
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Social Security Benefits Increase in 2024
Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans increased 3.2% this year. On average, Social Security retirement benefits increased by more than $50 per month starting in January 2024. More than 66 million Social Security beneficiaries will see the 3.2% cost-of-living adjustment (COLA) beginning in January. Increased payments to…
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Now That I Am Ready to Retire…
To qualify for Social Security benefits, you must earn a certain number of credits. The number of credits you need depends on your age when you apply and the type of benefit. No one needs more than 40 credits for any Social Security benefit.
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Plan for the Future
Social Security is a vital part of any financial plan. The administration’s online tools can help you understand your potential Social Security benefits and how they fit into your financial future. You should periodically review your Social Security statement using your personal my Social Security account at ssa.gov/myaccount.
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Keep up With Social Security Online
We strive to provide the public with accurate and helpful information. In addition to the resources available on our website at ssa.gov, we also regularly post useful information on our blog and on social media. We invite you to read our posts and share items of interest with your family and friends.
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Learn More From New SSA Statement
If you have a personal my Social Security account, you can view your Social Security Statement online to learn about your future benefits and recent earnings history. Included with the statement are fact sheets that provide useful information based on your age group and earnings situation.
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Social Security Benefits Increase in 2023
The 8.7 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 65 million Social Security (SS) beneficiaries in January 2023. Increased payments to more than 7 million Supplemental Social Security (SSI) beneficiaries will begin on Dec. 30, 2022.
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Jobs Then, Work Now
It’s a new day and a new time in today’s world of work. A shifting economic landscape continues to drive significant changes in the American workplace. Nearly every aspect of the country’s workforce has changed in the last 50 years.
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Retirement Made Easy
Preparing for retirement is one of the most significant decisions you can make. A great place to start is the Social Security Administration‘s retirement portal. The portal is easy to use, whether you are ready to learn about, apply for or manage your retirement benefits.