Social Security update: First round of January payments worth up to $4,873 goes out in eight days
Millions of Social Security recipients will receive their first monthly retirement checks of 2025 in eight days. Social Security beneficiaries who were born from the 1st through the 10th of their respective birth month will receive the regular monthly check for January from the Social Security Administration on Jan.
Social Security: When are benefits being sent out in 2025?
For recipients who began receiving benefits before May 1997 or who receive both Social Security and Supplemental Security Income (SSI), payments are made on the third of each month. SSI payments are made on the first of each month.
Social Security payment date will be different for some recipients to start 2025
Those who receive Social Security payments will see a bit of a change to their regularly scheduled payments for the first couple months of 2025. In particular, those receiving Supplemental Security Income (SSI) will receive their first payment of 2025 this Tuesday, the final day of 2024.
Social Security Payments Are Going Out Early for First Three Months of 2025
SSI payments usually go out on the first day of the month but are going out earlier for January, February and March.
Social Security Fairness Act Could Cause New Problems
The Social Security Fairness Act, which is awaiting President Biden's signature, would repeal the Windfall Elimination Provision. While many experts agree the WEP should go, simply repealing it makes the system more regressive and dents its funding.
Social Security payment schedule changed for some recipients to start 2025
Calendar changes mean some recipients will get January payments today. Another quirk occurs at the end of 2025.
Social Security 2025: Major payment changes, what to expect
Starting in January, millions of Social Security recipients can expect to see these changes in their payments.
What Is the Social Security January Payment Schedule?
The exact date your first Social Security January benefit arrives depends on what day of the month you were born, generally. Payments follow the month that they are due, so your January check is for your December benefit.
This Social Security Mistake Is All Too Common, and It Could Cost Retirees Thousands of Dollars
So, anyone that claims Social Security as soon as possible -- thereby incurring the largest benefit reduction (30% for those ...
Social Security Update: Republican Says Cuts Should Be 'On the Table'
New Hampshire Governor Chris Sununu suggested setting up a commission, guidelines and metrics to deal with the issue.
Pres. Biden expected to sign ‘Social Security Fairness Act’ soon
President Joe Biden has officially announced plans to sign the Social Security Act of 2023 into law next week.
Think Advisor5h
Social Security Has Faced Peril Before. What Can We Learn?
Lawmakers steered the fund away from insolvency in the 1980s by increasing revenues and raising the retirement age.
Senate approves bill to expand Social Security to millions of Americans
Legislation now headed to President Biden's desk comes with the Social Security Administration staffed at a 50-year low.
What’s going to happen with Social Security and Medicare in 2025?
Meanwhile, the first $176,100 of worker wages will be subject to Social Security taxes next year, up 4.4% from this year’s ...
SSI recipients get January check in December, kicking off quirky 2025 payment schedule
Because of the calendar, Social Security recipients who get Supplemental Security Income benefits get their first 2025 check ...