President Donald Trump has only been in office a few days, but he hit the ground running. He's already made good on some of his campaign trail promises via executive orders. But so far, there hasn't been any movement on his pledge to eliminate the Social Security benefit taxes that many seniors pay.
Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as quickly as possible.
If you and your spouse have a nice amount of money saved up, then you may decide that you'll each claim Social Security as soon as you're able to — meaning, at age 62. And if you're the same age, that would have you filing for benefits at the same time.
The date your February Social Security benefit arrives depends on what day of the month you were born. Payments follow the month they are due, so your February check is for January.
Social Security benefits are eligible for a cost-of-living adjustment (COLA) each year so that they have a chance to keep up with inflation. In 2025, Social Security got a 2.5% COLA. While you may be inclined to put that into the "bad news" category, here's why that would be wrong.
There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social Security can’t completely go bankrupt because it gets funded by payroll taxes.
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. That's about $49 higher than the average in December 2024.
The maximum monthly SSI benefit for 2025 is $967 for an individual and $1,450 for a couple, compared to $943 and $1,415, respectively, in 2024. The increase resulted from a 3.2% Cost of Living Adjustment that started at the first of the year.
Learn how the Social Security Fairness Act may increase your retirement benefits by eliminating the Windfall Elimination Provision and the Government Pension Offset.
Key data privacy and cybersecurity developments in 2024 and emerging trends and risks for 2025, including information on federal and state regulatory guidance and enforcement.
Although the president railed against collective bargaining agreements signed at the Social Security Administration and the Education Department shortly before his inauguration, it’s unlikely any of those deals will be upended by the measure.