by on October 13, 2023
Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3.2 percent in 2024. The 3.2 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 66 million Social Security beneficiaries in January 2024. Increased payments to approximately 7.5 million SSI recipients will begin on December 29, 2023. (Note: some people receive both Social Security and SSI benefits) Read more about the Social Security Cost-of-L...
35 Views 0 likes
by on March 31, 2023
The Old-Age and Survivors Insurance (OASI) Trust Fund is expected to be depleted in 2034. One year earlier than projected last year. Trust Funds will be sufficient to pay 77% of scheduled benefits. The Trust Fund reserve on 12/31/2022: $2.830 Trillion ...
75 Views 0 likes
by on August 29, 2022
Ah, retirement. Fun in the sun, golf and lemonade by the pool are the dream of every working person. While you’re welcome to retire anywhere you want, where you choose to retire can have a significant effect on your finances and retirement lifestyle.   The right state for your retirement will depend on your level and sources of income. Different states have different tax laws that can really make a difference in the amount of money you'll have left over in your pocket at the end of each mo...
122 Views 0 likes
by on January 20, 2022
We want to help you get the services you need as quickly and safely as possible. Your personal my Social Security account is your gateway to doing business with us online. Whether you receive benefits now or in the future, you will want to create your personal my Social Security account or use the one you may already have. More than 64 million people already have an account! Did you know you can use your personal my Social Security account to request a replacement Social Security card (in ...
101 Views 0 likes