Retirees who depend on Social Security or Supplemental Security Income (SSI) often wonder when they’ll receive their next payment. In November, some beneficiaries will be lucky enough to receive three payments instead of the usual one or two. While this may seem like a bonus, it’s essential to know why this happens and manage expectations. … Read more
As we welcome October and the Halloween season, Social Security payments are about to roll out once again for millions of Americans. These payments cover a range of benefits, including retirement pensions, disability benefits, and Supplemental Security Income (SSI). For many, Social Security payments are a crucial source of monthly income, and some beneficiaries could … Read more
The Social Security Administration (SSA) has confirmed the Cost of Living Adjustment (COLA) increase for 2025. This adjustment is designed to help retirees, Supplemental Security Income (SSI) recipients, and Social Security Disability Insurance (SSDI) beneficiaries keep up with inflation. However, not everyone will receive this increase at the same time. While SSI recipients will receive … Read more
Good news is on the way for those who receive Social Security benefits in November. Although there is no extra payment or bonus, many eligible recipients will see their regular payment schedule changed for the better. This year, both Supplemental Security Income (SSI) and Social Security payments are being issued on the same day, giving … Read more
Retirees and Social Security beneficiaries are eagerly awaiting the cost-of-living adjustment (COLA) announcement on October 10th, which will determine payment increases for 2025. While the COLA adjustment is often seen as a financial lifeline, the Federal Reserve (Fed) recently delivered less positive news. The Fed warns that retirees should begin preparing for possible reductions in … Read more