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The Social Security Administration was established by the Social Security Act of 1935 and is codified in 42 U.S.C. § 901 (49 Stat. 635). It was created in 1935 as the "Social Security Board", then assumed its present name in 1946.
The Social Security Administration produces a publication called "When to Start Receiving Retirement Benefits" that is designed to help individuals understand the issues involved in deciding when to begin benefits. [41] The Center for Retirement Research at Boston College produced a guide designed to help individuals make informed claiming ...
The Social Security Administration takes workers’ 35 highest-paid years of income into account when calculating their monthly retirement benefits. A zero is used for each year without earnings ...
The Social Security Administration recently announced the cost-of-living adjustment (COLA) for 2025, and beneficiaries can expect a 2.5% raise (amounting to around $50 per month for the average ...
The Social Security Administration introduced cost-of-living adjustments (COLAs) in 1975 to help benefits maintain their buying power amid rising inflation. In fact, since 2010, Social Security ...
The Office of the Inspector General for the Social Security Administration (SSA) said that the agency disclosed it “made more than $457 million in improper payments related to WEP and GPO” in ...
U.S. President Joe Biden signed the Social Security Fairness Act into law on Jan. 5., increasing the ability of retired public service workers who receive pensions to access Social Security ...
The bill could also jeopardize the Social Security fund overall, critics say. Sen. Thom Tillis, R-N.C., said the Social Security trust fund is less than 10 years away from being insolvent, and ...
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