Social Security Benefits: Who Will Stop Receiving Payments in 2025?

However, not everyone who is eligible will receive Social Security benefits. According to the Social Security Administration (SSA), a small portion of older Americans, about 3.3%, will never receive Social Security benefits, despite qualifying. This group is often referred to as “never beneficiaries.” Many people in the United States work for years, paying into Social … Read more

December 2024 SSI Payment Schedule: What’s New for Social Security Beneficiaries

In December, over 7 million beneficiaries in the United States will see a surprise in their SSI payments. A change in the SSA payment calendar will result in double payments for many Social Security recipients. This change could confuse those who are used to receiving their payments once a month. However, for those paying close … Read more

Proposed Shift in U.S. Retirement Age Raises Questions About Social Security’s Future

The retirement landscape in the United States is about to change. Due to ongoing financial issues, the Social Security Administration (SSA) is proposing a shift in the minimum retirement age from 62 to 70. This change aims to address concerns over the system’s potential financial instability, with predictions that the SSA will face a fiscal … Read more

Thousands of Americans at Risk of Losing Social Security Benefits Due to New Law – Here’s Why

Thousands of people in the United States are at risk of not receiving their full Social Security benefits due to a federal law from 1983, called the Windfall Elimination Provision (WEP). This law affects people who worked in public service jobs, such as teaching or government positions, and who also had pensions from jobs that … Read more

December SSI Payment of $943 Coming Early—What You Need to Know About 2024’s Final Check

Millions of Americans rely on Social Security programs for their income. For those who qualify for Supplemental Security Income (SSI), the program helps provide financial support, especially for people with disabilities or limited income. However, there is some important news regarding the final Social Security payment of 2024. SSI Payments and the $943 Distribution Supplemental … Read more

COLA 2025: Who’s Receiving Their Early January Payment in December?

The Social Security Cost of Living Adjustment (COLA) 2025 will bring some exciting changes for beneficiaries. As part of this update, certain recipients will receive their January 2025 payment early, in December 2024. This adjustment ensures timely delivery, especially with January 1 being a federal holiday. Let’s break down who qualifies, what to expect, and … Read more

SSDI payment of up to $3,822 right after Cyber Monday, Social Security confirms the first payday in December

The Social Security Disability Insurance (SSDI) program is a lifeline for American workers who are unable to work due to disability. With December 2024 SSDI payments just around the corner, many recipients are wondering when to expect their deposits and how much they’ll receive. This article breaks down the payment schedule and highlights key details, … Read more

IRS’ Largest Refundable Tax Credit in 2024 (over $7,000), check eligibility and claim it

The Earned Income Tax Credit (EITC) is one of the largest refundable tax credits available to eligible U.S. taxpayers. For the 2024 tax year, families and individuals can qualify for up to $7,830, depending on the number of children or dependents they have. This credit is designed to support low- and moderate-income earners. Let’s break … Read more

Alaska and Other States Announce SNAP Benefit Payments for December 2024

The Supplemental Nutrition Assistance Program (SNAP) is an important resource for individuals and families who need help purchasing food. For many, it is essential for managing grocery bills, especially during times of financial strain. In December 2024, SNAP recipients in certain states will receive their benefits in one lump sum payment, making it easier to … Read more

Social Security payments after Cyber Monday 2024: Check when your monthly benefit will be due

Cyber Monday marks the end of a busy shopping season for many, but it also signals the next Social Security payment for some recipients. If you’re wondering when your next Social Security check or direct deposit will arrive after all the Black Friday and Thanksgiving expenses, keep reading! The Social Security Administration has set up … Read more