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The first Social Security office opened in Austin, Texas, on October 14, 1936. [11] Social Security taxes were first collected in January 1937, along with the first one-time, lump-sum payments. [9] The first person to receive monthly retirement benefits was Ida May Fuller of Brattleboro, Vermont. Her first check, dated January 31, 1940, was in ...
Those visiting the Social Security site (SSA.gov) for the first time in a while may notice that things look a bit different than before. The homepage touts a fresh look and new interactive features...
The financial news website Business Insider recently reported that the SSA estimates the president's plans for mass deportations could reduce Social Security funding by around $20 billion per year.
Substantial gainful activity is a term used in the United States by the Social Security Administration (SSA). Being incapable of substantial gainful employment is one of the criteria for eligibility for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) benefits.
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). [1] The Social Security Act was passed in 1935, [2] and the existing version of the Act, as amended, [3] encompasses several social welfare ...
Social Security serves as a lifeline for tens of millions of seniors. Today, that number is growing. As of December 2024, the Social Security Administration (SSA) reported that about 65.5 million...
Social security benefits were reduced by two-thirds of the non-covered government pension amount. [1] Note this is not two-thirds of the Social Security benefit; for example, a $600 non-covered pension benefit would reduce Social Security spousal benefits by $400, regardless of whether the spouse was entitled to $500 or $1000 on the Social Security record of the number holder.
Social Security is best known for paying retirement benefits you earned during your working life, but it pays much more than that to eligible Americans. Depending on your income and family status ...