Tag: Social Security Administration

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Important dates in 2022 for Social Security payment schedule

The schedule of payments for Social Security benefits in 2022 has been released by the Social Security Administration. Payments in 2022 will be 5.9% larger than payments in 2021 thanks to the increase is COLA to offset inflation. This is the highest ... MORE
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The highest amount in Social Security income you can earn for 2022 is over $50,000, but how do you get it?

The most money a person could earn off Social Security income for 2022 is a whopping $50,328. The possibility of most Americans collecting that much in Social Security benefits is unlikely, but there are some things you can do to get the ... MORE
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People with SSI benefits will see two checks this December worth up to $1,635

Millions of Americans are on Supplemental Security Income, or SSI benefits. These people will see two checks for their SSI benefits this month. The Social Security Administration expects around 8 million people to collect SSI benefits in the year 2022. Related: How ... MORE
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Everything you need to know about penalties for retiring and collecting Social Security benefits early

When a person chooses to retire earlier than their full retirement age, they’re hit with a penalty. The amount you’ve accumulated during your working career is expected to last longer than it will if you choose to retire early. Many people would ... MORE
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Social Security benefits may see a bigger boost in 2022

Inflation has not slowed, and it doesn’t appear to be stopping anytime soon. As inflation continues, Social Security recipients could see an even bigger increase next year. With the current increase set to go into effect in 2022, the average person will ... MORE
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How to protect yourself when you lose SSI benefits

Millions of Americans collect Social Security Income as a way to make ends meet due to a medical disability, being blind, or having little income to survive. Some people end up going off of SSI, because despite being disabled or qualifying in ... MORE
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What do I need to apply for Social Security and how long does it take to receive benefits?

Millions of seniors and disabled Americans receive Social Security payments every year. The three types of Social Security are retirement, survivor, and disability benefits. Applying may feel overwhelming to some, but if you’re prepared it can go smoothly. Related: Social Security and ... MORE
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When is my local Social Security office open and how do I get services?

Local offices for Social Security closed to the public in March of 2020 at the start of the pandemic. There are ways to get in contact with the Social Security Administration. The SSA manages programs like Social Security, Special Veterans Benefits, and ... MORE
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Social Security Scam: Social Security Administration warns of phone scams

Scams have increased since the pandemic began, and scammers have begun utilizing technology to target people. One demographic being targeted in older people, but many have received similar calls. The Social Security Administration wants you to know they would never call to ... MORE
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Is Thanksgiving going to impact benefit payments like Social Security or unemployment?

Some people will notice that they’ll receive their payments on different days than normal next week. This is because payments aren’t typically done on federal holidays. Thanksgiving always falls on the fourth Thursday of Nov., so this year it falls on the ... MORE
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Here’s how to access and view your own social security information online

An online system has been provided by the Social Security Administration for social security claimants to view their information on record. They may also access services related to their benefits. The account can be set up online through My Social Security, where ... MORE
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Social Security: this new statement change may help recipients claim bigger payments

The Social Security Administration is revamping its website to make the process of planning for retirement easier for Americans. Statements found online will now show a person’s estimated social security benefit amount. This is helpful because people can now see what they ... MORE
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Social Security: 5 things that need to be done before claiming benefits

Social Security was created and signed into law in 1935 with t he goal of giving senior citizens checks beginning at the age of 62. While these checks are to help seniors pay for their lives in retirement, the checks sometimes aren’t ... MORE
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Social Security: Lost income? Recipients can lower Medicare payments

Some social security beneficiaries that have lost income during the pandemic may be able to pay lower Medicare payments. This is also helpful as the cost of inflation continues to increase greatly. Many who may more money are seeing surcharges as high ... MORE
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Social Security: Will you get max amount of $3895?

A lot of people don’t retire and live on social security benefits alone because they can’t cover their bills. If they can manage to get the maximum amount of benefits though, they may be able to live on that. For 2021, the ... MORE
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Social Security: Spouses getting the most in benefits

Spousal social security works a little bit differently, where the spouse can claim their own benefits based on their own working history, or they can claim half of their spouse’s benefit. How does spousal Social Security support work? Married individuals as well ... MORE
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Social Security update: Do veterans get an extra COLA boost? When do bigger payments begin for seniors?

How soon will seniors and veterans see cost of living adjusted social security payments? A few weeks ago the Social Security Administration announced that the cost of living adjustment for 2022 would be 5.9%. That means retirees will receive 5.9% more in ... MORE
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If you’re looking to start or return to work but collect SSI or SSDI, Social Security can help with their Ticket to Work program

Some people rely on Social Security Income or Social Security Disability Insurance as a main source of income, but would like to start working again, or for the first time. A program called Ticket to Work will support those on SSI or ... MORE