Social Security
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…
Tax Deduction : $4,000 or $6,000?
The Big Beautiful Bill passed the house with a provision for an additional $4,000 tax deduction for seniors age 65 and over. This is a roundabout way to help cut taxes on Social Security Benefits. The Senate is now perusing…
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 taxes
Social Security is one of the biggest political issues which must be addressed soon. President Donald Trump wanted to eliminate taxes on Social Security but he was unable to do that with his “Big Beautiful Bill”. Adam Levy for 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……
Social Security Garnishment for Overpayments and Student Loans
During Donald Trump’s presidency, the federal government continued and, in some cases, intensified efforts to claw back funds from Americans through Social Security overpayment collections and federal student loan enforcement. Social Security Overpayments Under Trump, the Social Security Administration (SSA)…
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…