August’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries on Aug. 1.

With Social Security’s reserve depletion date less than a decade away, policymakers should not dig the hole in the system’s financing any deeper. The Trump Administration’s actions are weakening the ...

The Social Security Administration faces a funding crisis. Trustees say the projected shortfall in retirement benefits has risen to $25.1 trillion through 2099, up from $22.6 trillion a year ago.

Under the Joe Biden administration, Social Security clawbacks for overpayments were reduced to 10% per check, which is down from the 100% clawback rate that existed when President Barack Obama was ...

The COLA applies to retirement, survivor, disability, and Supplemental Security Income (SSI) benefits. The 2.5% increase is close to the historical average of 2.6% but lower than the more substantial ...

Low-income households pay very little taxes on Social Security income. The bottom 40% of households by income receiving benefits pay an average of less than 1% in taxes on their benefits.

Here are the perks you can take advantage of now. People tend to grumble about paying into Social Security, a federal program that provides retirement income for almost every U.S. worker.

Checks could not be reduced lower than $750, according to the guidelines, and Supplemental Security Income, or SSI, is protected entirely.

July’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 23 days. The next SSI payments are scheduled to be distributed on July 1.

・ Supplemental Security Income (SSI): This benefit is available for people aged 65 and over, individuals with disabilities, and the blind, all of whom must have limited income and resources.

If you fall under this category, you will receive your payment on June 25. The next payment for Supplemental Security Income (SSI) recipients is July 1.