Latest News
2025 Medicare Trustees report
The Medicare and Social Security Trustees released their latest report on June 18, 2025. The Medicare Trustees project that the Medicare Hospital Insurance (HI) trust fund will become insolvent in 2033; upon insolvency, spending will be cut by 11 percent,…
Fraud Warning from Social Security
Beware of fraud emails that resemble a legitimate government email giving you a link to download your Social Security statement. This email is an attempt to gain your personal information. WGCU Staff explains here… Notice: The link provided above connects readers…
2026 Social Security Changes
Social Security has been around for 90 years. While the basic premise remains, some figures change each year. For example, there is almost always a Cost of Living Adjustment (COLA). Other changes include the maximum monthly benefit, wage cap and…
Medicare Part E (H.R. 3911)
Reps. Jimmy Gomez, D-CA, and Don Beyer, D-VA, introduced the Choose Medicare Act (H.R. 3911). This bill would establish a Medicare Part E, which would allow people to opt into the program. According to the companion bill introduced in the…
Apply Online for Disability Benefits
You can apply online for both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) through the Social Security Administration (SSA). Here’s how: SSDI Application (All Applicants) You can apply for SSDI benefits online if: To apply, visit the…
Social Security’s part in your Retirement
Per the Social Security board of trustees, the Social Security Administration trust fund will be out of money by 2034. Benefits will still be paid but with a potential 22% cut. T Woods for Yahoo Finance gives a perspective on…
When to expect your Social Security payment
Social Security payments are direct deposited on the second, third and fourth Wednesday of the month, depending on your day of birth. If you were born on the 11th through the 20th you will receive your payment on the 18th…
More Seniors are Claiming Social Security Benefits Early
This is due to several factors like concern about the long term stability of Social Security, market volatility, health issues and job challenges. Also, a new wave of baby boomers are coming into the Social Security retirement age. Read here……
What age should you be to collect Social Security Benefits?
Some think the average retirement age is 65, but it is actually 63. You can take benefits as early as 62 but there is an earnings limit of $23,400.00 for 2025. If you make over that amount Social Security will…
Estimated COLA information
The Cost of Living Adjustment is an automatic annual boost to Social Security and other federal benefits. It’s calculated based on the inflation rate this year as compared to last year for July to September. Since the amount of the…