Social Security benefits are crucial in providing financial support to millions of Americans, particularly retirees, disabled individuals, and families. Under the new administration, several expected changes could impact how these benefits are distributed. These changes aim to make Social Security more accessible and sustainable for the future. Below, we’ll look at three important changes to...
If you are nearing retirement or just curious about how much you can earn from Social Security benefits, 2025 could be a year where you can maximize your monthly payments. Many people don’t fully understand how Social Security works, but with the right knowledge, you could be receiving up to $5,180 per month. This article...
In a major shift that has shocked many, the retirement age of 66 years and 8 months is being scrapped. This change marks the end of an era for workers who had planned their retirement around this traditional benchmark. As the government announces a new, more flexible approach to retirement, the landscape of work and...
Public sector workers are feeling hopeful after Senate Majority Leader Chuck Schumer (D-NY) announced that he will bring a bill to a vote that could significantly increase their Social Security benefits. The bill, known as the Social Security Fairness Act, aims to eliminate two provisions that reduce Social Security benefits for certain retirees who also...
Social Security benefits are an important source of income for millions of Americans. These monthly payments provide financial support to retirees, disabled individuals, and others who rely on them. Over time, the amount received has changed due to inflation, which is why it’s interesting to look back and compare the Social Security benefits of the...
Millions of Social Security recipients are set to receive their second round of December retirement checks in just five days. These payments are for retirees who reach the age of 70 by December 11, and they could be as high as $4,873 per check. The December checks are part of the monthly Social Security payment...
With a new administration on the horizon, Republicans are seizing the opportunity to propose changes to Social Security in an attempt to address its funding shortfall. One of the more controversial ideas involves raising the retirement age. Missouri Congressman Mark Alford recently brought this issue to the forefront during a Fox News interview, citing discussions...
(CBS DETROIT) Jeff King, the departing police chief of Farmington Hills, has been replaced with an interim police chief. John Piggott, a veteran of the Farmington Hills Police Department and the current assistant police chief, will take over as interim police chief. King will retire on December 16 and Piggott will take over his new...
(CBS DETROIT)A 72-year-old man was died in an August drunk driving accident, and a 38-year-old Tecumseh woman has been charged in connection with the incident. According to Michigan State Police, at approximately 9:30 p.m. on August 14, 2024, Holly Schmidt collided with a northbound GMC Terrain while driving a southbound Jeep Wrangler on Tecumseh Clinton...
The upcoming increase in Social Security checks is great news for retirees. Starting in January, beneficiaries will see a boost in their monthly payments, thanks to the Cost-of-Living Adjustment (COLA). This change is designed to help retirees manage rising living costs. Let’s dive into the details of this adjustment, how it affects your finances, and...