The 2025 COLA on average will add about $50 to each monthly benefit check, with the average payment in 2025 rising to $1,976 per month. For most Social Security recipients, the new COLA goes into ...

December 29. January payments for SSI and Social Security for those who have been claiming since before July 1997 will be made on December 29 as January 1 is a holiday.

Key Points Claiming Social Security at age 62 reduces your benefit by up to 30%.The average 62-year-old claimer got $1,341.61 ...

In December, 2024's last month of Social Security payments will still reflect the current COLA of 3.2 percent. For the average beneficiary, that brought the monthly payment to $1,907.

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

When to claim Social Security is a hard decision for many retired workers. Eligibility starts at age 62, but there is a trade-off between claiming right away and delaying. Specifically, the earlier ...

Regular Social Security retirement benefits for the month of July will be sent out on the SSA’s usual schedule: Wednesday, ...

Most Social Security recipients receive one check each month, but a quirk of the calendar means some older Americans didn't get a check at the start of December.