Latest News
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…
Retirement Savings Improving for many Americans
;After many years of caution from financial experts that most Americans do not save enough for their future retirement, there appears some good news from one of the nation’s top financial firms: that many are taking full advantage of their…
Will Income Tax on Social Security be eliminated?
This, of course, is a burning question on the mind of many who collect Social Security, because it would mean financial relief for nearly all those collecting. Under current law, a portion of one’s Social Security benefits are taxed, if…
Applying for Social Security Disability
There are two separate disability programs administered by the Social Security Administration – one called “SSDI” which offers benefits to working Americans and another called “SSI” which provides assistance to those with very limited income and few assets. Both of…