If your monthly benefit hovers around $2,005, you may be wondering: is that really enough to retire in comfort? For many Americans, the answer at home is no—but overseas, the math changes. A typical retired U.S. household spends roughly $5,000 every month, Consumer Expenditure Surveys show. By relocating to an affordable expat hub, retirees, recipients … Read more
Millions of U.S. workers may soon need to adjust their retirement game‑plan. Lawmakers are weighing a proposal to raise the full retirement age (FRA) from 67 to 69 beginning in 2026, arguing it will shore up Social Security’s finances. The change would roll out gradually through 2033, extending trust‑fund solvency past the projected depletion date … Read more
The repeal of WEP/GPO and a higher clawback cap roll out this year, reshaping payments for millions of retirees and disabled workers. If you rely on Social Security, two fresh policy shifts could bump your deposit up—or slice it in half—before the summer ends. One expands payments for 3.1 million public servants; the other lets the … Read more
Over 1 million recipients face automatic offsets for unpaid federal debts; here’s the playbook to keep as much of your benefit as possible. Starting July 24, 2025, Uncle Sam will begin skimming benefits from Americans who owe federal debts. Retirees, disabled workers, and survivors who rely on Social Security could see smaller deposits unless they act fast. The stakes … Read more
If you’re 65, living in your late mother’s house, and planning to retire at 70 with little savings, there are still ways forward. Planning for retirement may feel daunting, especially when your savings are low, but don’t lose hope. If you’re 65 years old, making $40,000 per year, and expecting $1,890 monthly from Social Security … Read more
Social Security’s next Supplemental Security Income (SSI) payday is set for Friday, August 1, 2025—just three weeks away for millions of low‑income seniors and people with disabilities. Social Security will deposit the month’s only SSI check on August 1. Eligible single recipients can receive as much as $967, while married couples who both qualify may collect up to $1,450. … Read more
Millions of current and former Prudential Financial customers can soon claim cash after hackers exposed their personal data early last year. The newly published settlement spells out who qualifies, how much is on the table, and the paperwork required. Prudential will fund a $4.75‑million pool that returns up to $5,000 per person for documented expenses, … Read more
The Social Security Administration (SSA) has confirmed that beginning in July 2025, beneficiaries who were paid more than they were owed between 2015 and 2022 will see half of each monthly check withheld until the debt is cleared. The move targets roughly $72 billion in improper payments. Roughly two million retirees, disability recipients, and survivors may be affected, according to the … Read more
Millions who owe the Social Security Administration (SSA) can now clear their balance for a fraction of the original amount, thanks to the IRS “offer in compromise” program. The SSA has confirmed that struggling beneficiaries may settle old debts for as little as 80 percent of what they owe—and sometimes even less—if they prove full repayment … Read more
Bigger checks, strict dates, and what every retiree should know before Wednesday arrives. If your birthday falls between July 1 and July 10, the Social Security Administration (SSA) is lining up your July payment for Wednesday, July 9, 2025. Thanks to this year’s 2.5 percent cost‑of‑living adjustment (COLA), the deposit will look a little healthier—yet there are caps and deadlines … Read more
The full retirement age edges higher again, reshaping timelines, benefit amounts, and the way millions of Americans map out their golden years. For workers born in 1959, the finish line just moved—full retirement age (FRA) climbs to 66 years and 10 months on Jan. 1, 2025. Anyone born in 1960 or later still faces the 67‑year mark, yet even that number … Read more
In brief, a worker earning the 2022 median household income of $74,580 would see about $1,869 a month by filing at age 62, yet that figure can climb above $3,000 by waiting until 70. Social Security remains the financial anchor for millions of middle‑income households. But relying on it alone could strain a budget, especially when one in five … Read more
When Jamie discovered his 72‑year‑old mom owed six figures, he feared the worst — but experts say there’s still a roadmap to relief. Jamie’s mother, a retired receptionist, recently admitted she carries $150,000 on a handful of high‑interest cards. With no savings and a monthly Social Security check of roughly $1,950, she’s falling further behind … Read more
Many retirees and disability recipients will wake up to their benefits either just before or shortly after July 4, 2025—here’s exactly when the money lands, and who should check their account. Independence Day is around the corner, and having your benefit in hand before the cookout sure helps. Between SSI, retirement, and SSDI, different groups will … Read more
If you’re juggling a job and a Social Security check, 2025 brings fresh income limits that could nibble away at your benefits. Here’s the fine print—plus a few ways to stay ahead. For millions of beneficiaries who haven’t yet hit full retirement age (FRA), the Social Security earnings test decides how much of each monthly … Read more
Congress weighs wider relief for retirees even as a handful of states keep levies in place. Millions of Social Security recipients may soon pay less to the IRS, yet state tax bills could still bite. Lawmakers are debating the One Big Beautiful Bill Act, which cleared the House by a single vote and now faces the Senate’s gavel. Its … Read more
Millions of future retirees will find that hitting the magic birthday for 100 percent benefits is shifting again, and the clock is already ticking. The Social Security Administration (SSA) has confirmed a new full‑retirement benchmark that starts on January 1, 2026. Anyone born in 1960 or later must now wait a little longer to claim their benefit in full—bad news … Read more
Will your next COLA really cover climbing costs? Advocates say a modest 2.5 percent boost is on the horizon, but cracks in the data‑collection system could trim that raise before it ever reaches your wallet. Millions of retirees count on the annual cost‑of‑living adjustment (COLA) to keep pace with rising prices. The Senior Citizens League (TSCL) … Read more
Millions of low‑income Americans can look forward to a timely boost next month: the Social Security Administration (SSA) has locked in Tuesday, July 1 as pay‑day for the July Supplemental Security Income (SSI) installment, worth up to $967 for single filers. The extra cash matters because SSI is the safety net reserved for people with very limited … Read more
The Social Security Administration confirms that January 1, 2026 will mark the final stop on the retirement‑age roller coaster, freezing the full retirement age at 67 and closing an era of incremental hikes. Starting in 2026, American workers born in 1960 or later will need to reach age 67 to receive 100 percent of their Social Security benefit. The … Read more