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As previously reported by GOBankingRates, the SSA’s latest “Agency Financial Report” revealed that it made about $11.1 billion worth of new overpayments to Social Security beneficiaries ...
December marks the final month that Social Security recipients will get checks based on this year's historically high cost-of-living adjustment (COLA). The 2023 COLA of 8.7% was the biggest in more...
Image source: Getty Images. 1. Understand how your claiming age affects your benefits. The government bases your Social Security benefits on your income during your working years and your age at ...
The Social Security Administration (SSA) provides benefit estimates to workers through the Social Security Statement. The Statement can be accessed online by opening an online account with SSA called my Social Security. With that account, workers can also construct "what if" scenarios, helping them to understand the effect on monthly benefits ...
This document describes minor changes: Social Security Tax rates on Virgin Islands income, Social Security Disability Changes (Benefits during Appeal, Periodic Reviews, Reconsiderations), and Offsets related to public pensions.
Image source: Getty Images. 1. Social Security benefits will get a cost-of-living adjustment to account for inflation in 2025. Nationwide Retirement Institute reports that 66% of surveyed adults ...