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
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
Starting in January 2025, Americans aged 67 and older who receive benefits from the Social Security Administration (SSA) will notice a change in their monthly payments. This increase is a part of the Cost-of-Living Adjustment (COLA), which helps people keep up with inflation. What is the COLA and How Will it Affect Social Security Payments? … Read more