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Note: They do not have a two-year waiting period. If you are not already receiving Social Security benefits, you should apply for Medicare up to 3 months before turning age 65 at www.ssa.gov ...
Key Points. Although Social Security helps many seniors get by financially, the program has its share of problems. Benefit cuts may be coming to Social Security, leaving retirees with less money.
The most notable change to Social Security benefits in 2025 should be good news. All current recipients will receive a boost to their monthly benefit thanks to the Social Security cost-of-living ...
For example, a "normal" spousal or widow(er)'s benefit of $1,000/month was reduced to $0.00, if the spouse or widow(er) was already drawing a non-FICA taxed government pension of $1,500 or more per month. Pensions from work where Social Security taxes were paid, did not reduce Social Security spousal or widow(er)'s benefits.
Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...
The good news is that maintaining access to your online Social Security account isn’t hard. However, you do need to move quickly. If you already have a Login.gov or an ID.me account, you can ...
Check the box to indicate that you are an adult age 18 or older, then select one of the following boxes: Retirement (You worked and paid Social Security taxes) if you’ll collect on your own ...
Image source: Getty Images. 1. The cost-of-living adjustment. Seniors get a bump in their Social Security benefit every year called the cost-of-living adjustment ().The 2025 COLA of 2.5% was ...