Some Americans may still be eligible for a stimulus check worth up to $1,400, according to the Internal Revenue Service (IRS). The agency recently announced that taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns could still receive these payments. Automatic Payments for Eligible Taxpayers The IRS has already started...
The Social Security Administration (SSA) is rolling out stricter rules to combat fraud, requiring millions of Americans to verify their identities in person at agency field offices starting March 31. The change, announced by agency leadership on Tuesday, ends the option to confirm identities over the phone and could affect both new applicants and current...
This past summer, President Donald Trump proclaimed on Truth Social, “Seniors SHOULD NOT PAY TAX ON SOCIAL SECURITY!” That may appear to be a boon for pensioners on fixed incomes, who are one of the country’s largest and most reliable voting blocs, but how much will seniors truly benefit if Trump is successful in removing...
The Department of Government Efficiency (DOGE) is investigating the Social Security Administration (SSA) for instances of excessive spending, inappropriate payments, fraud, and inefficiency. While this is good news for government watchdogs looking to put a tighter control on federal spending, retirees should be aware of the potential consequences. “If DOGE introduces efficiency measures or cuts...
Deciding when to retire is a significant milestone for every worker, as it determines the Social Security benefits they will receive for the rest of their lives. It’s a decision that requires careful consideration of one’s financial standing, lifestyle preferences, and future plans. For many, reaching full retirement age prompts an important reassessment of their...
The Social Security Administration (SSA) has announced that Supplemental Security Income (SSI) recipients will not receive their payments on March 1, 2025, because the day falls on a Saturday. Instead, the deposit will be moved forward to Friday, February 28. This adjustment ensures that funds arrive on time, regardless of the weekend. SSI is a...
Social Security payments, which cover retirement, disability, and survivor benefits, are made monthly on a staggered schedule based on the beneficiary’s date of birth or certain special circumstances. Since June 1997, the Social Security Administration (SSA) has used this system to avoid congestion by assigning payments on specific dates: the third day of the month...
The United States government has announced the official payment schedule for Social Security, as well as other assistance programs such as SSI, SSDI, and VA, for the months of March and April 2025. Knowing these dates in advance is critical for millions of beneficiaries who rely on these payments to meet their basic needs. These...
The Social Security Administration (SSA) has announced significant progress toward distributing retroactive payments to beneficiaries affected by the Social Security Fairness Act. This new legislation, passed at the end of 2024, repeals two key provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that previously reduced or eliminated benefits for certain public sector workers,...
The Social Security Administration (SSA) is facing a growing backlog of appeals, leaving nearly 300,000 Americans in limbo as they await decisions on their disability benefits. This bottleneck in the appeals process is creating financial hardships for individuals who rely on Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) to meet their basic...