A major Social Security funding deadline is approaching, raising fresh concerns for retirees, workers and families who expect the program to support them in the future. Social Security is not expected to disappear or stop receiving money. Workers and employers will continue contributing through payroll taxes. However, the program’s retirement trust fund is projected to … Read more
Millions of Americans receiving federal benefits should review the July 2026 payment calendar carefully, as some Supplemental Security Income recipients will receive two deposits during July but no separate payment in August. The unusual arrangement does not provide extra money. Instead, the second July deposit represents the regular August SSI benefit arriving early because August … Read more
Millions of retirees depend on Social Security to cover essential expenses. That is why October 14, 2026, could become one of the most important financial dates of the year for beneficiaries waiting to learn how much their monthly payments may increase in 2027. The Bureau of Labor Statistics is scheduled to release September’s inflation report … Read more
Millions of Americans receiving Social Security and other federal benefits could qualify for as much as $1,200 in additional assistance under a proposal introduced in Congress. The Social Security Emergency Inflation Relief Act would provide an extra $200 per month for six months to eligible beneficiaries. However, the legislation has not been approved, meaning no … Read more
Working during retirement can provide extra income, professional fulfilment and greater financial security. However, people who claim Social Security before reaching full retirement age must understand how employment income could temporarily reduce their monthly checks. The Social Security retirement earnings test applies when certain beneficiaries continue working and earn more than an annual limit. Planning … Read more
Millions of Social Security beneficiaries are preparing for the next payment date on Wednesday, June 17, 2026. The Social Security Administration uses a staggered schedule for most retirement, disability and survivor benefits, with payment dates generally determined by the beneficiary’s birthday. The June 17 payment applies to one group of recipients, while others were paid … Read more
Seniors waiting for the 2027 Social Security cost-of-living adjustment may have reason to expect a larger increase than earlier forecasts suggested. The latest estimate from The Senior Citizens League places the 2027 COLA at 3.8%. That projection is slightly lower than the group’s previous 3.9% estimate, but it remains well above the 2.8% forecast given … Read more
A key Social Security trust fund used to pay retirement benefits may be depleted in late 2032, according to the latest annual trustees report from the Social Security Administration. The new projection moves the deadline about three months earlier than last year’s estimate. If the Old-Age and Survivors Insurance trust fund runs out as projected, … Read more
Many financial experts advise Americans to delay claiming Social Security benefits until full retirement age or even age 70. The reason is simple: the longer you wait, the higher your monthly benefit can be. For people born in 1960 or later, full retirement age is 67. Claiming at 62, the earliest age allowed, can permanently … Read more
Social Security is facing a growing financial warning as the program’s trust fund is now projected to run short by 2032. According to the latest outlook released on June 9, 2026, incoming revenue may cover only about 78% of scheduled benefits once the trust fund is depleted. That means retirees and other beneficiaries could face … Read more