The Social Security Administration (SSA) has confirmed that the 2025 Cost-of-Living Adjustment (COLA) will be implemented as scheduled, with no delays for beneficiaries. However, at 2.5%, the increase is the smallest in four years, raising concerns about its adequacy in keeping up with inflation. No Delay in 2025 COLA Implementation Contrary to speculation, the 2025 … Read more
A new financial assistance program is providing essential support to pregnant women in Ohio, Kentucky, and West Virginia. The Bridge Project, originally launched in New York, is now expanding into Appalachia to help expecting mothers gain financial stability during pregnancy. Starting this month, eligible women will receive $750 per month in cash assistance, with no … Read more
The Social Security Administration (SSA) has announced an increase in monthly benefits starting February 2025, thanks to the latest Cost-of-Living Adjustment (COLA). This 2.5% rise aims to help retirees, disability beneficiaries, and Supplemental Security Income (SSI) recipients keep up with rising costs of living. For millions of Americans who rely on Social Security, understanding the … Read more
As 2025 begins, millions of American workers are looking for ways to secure their financial future. While many focus on saving and investing, one of the most crucial moves every worker should make this year is verifying their Social Security earnings record. Why Checking Your Social Security Earnings Record Matters? Social Security benefits are calculated … Read more
Millions of Americans could see an increase in their Social Security benefits following a newly proposed expansion aimed at enhancing financial security for retirees and public-sector workers. The Social Security Fairness Act, recently signed into law by President Joe Biden, is set to eliminate long-standing provisions that reduced benefits for certain government employees, while a … Read more
A coalition of state attorneys general is raising concerns over Elon Musk’s Department of Government Efficiency (DOGE) gaining access to sensitive financial and personal data, following a major data breach that exposed Social Security numbers and medical records of 1.3 million residents. The controversy centers around the U.S. Department of the Treasury’s decision to grant … Read more
Donald Trump’s pledge to eliminate federal taxes on Social Security benefits has sparked significant debate among policymakers, economists, and retirees. This proposal, aimed at providing financial relief to seniors, carries far-reaching implications for Social Security’s solvency, federal revenue, and economic equity. Below is a detailed analysis of the proposal, its potential impacts, and the broader … Read more
The Social Security Fairness Act (SSFA) was officially signed into law in December 2024. This new law brings significant changes to Social Security benefits, mainly by removing the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP). These provisions previously reduced benefits for many public sector retirees and their families. Now, affected individuals will … Read more
The United States Social Security Administration (SSA) has announced an early payment schedule for Supplemental Security Income (SSI) beneficiaries in 2025. This change affects millions of Americans who rely on these benefits. Understanding the payment schedule, eligibility criteria, and recent adjustments in benefits can help recipients plan their finances effectively. Why Are SSI Payments Being … Read more
Social Security is a crucial financial support system for millions of Americans, providing benefits to retirees, disabled individuals, and survivors. In 2025, several key changes to Social Security will impact beneficiaries across the United States. From increases in benefit payments to adjustments in eligibility and the earnings limit, here’s a rundown of what you need … Read more