Q: I am 61 at this time and will turn 62 next January. I am planning on applying for Social Security retirement benefits in October, 3 months before by birthday. My question is when will I receive my first Social Security check after I have applied for benefits? Will I receive it in February since […]
House Democrats to introduce a stimulus bill that will give Social Security beneficiaries an additional $200 per month.
Note: Social Security benefits will continue to be paid even though local offices are closed. Beware of scammers who may try to trick you into thinking that your benefits will not be paid, that is not true. To help slow down the spread of the Coronavirus (COVID-19), as of Tuesday March 17, all local Social […]
Update: The Social Security Administration announced a 2% cost of living adjustment (COLA) for Social Security recipients for 2018. The bad news is that inflation is rising. The good news is that retirees might finally get a decent Social Security increase in 2018. Although the official announcement about the Social Security COLA won’t be until […]
Social Security is a major benefit for most older Americans. For many retirees it’s their largest source of retirement income. Over half of retirees say half of their income comes from Social Security and a third of retirees say 90 percent of their income is from Social Security benefits. One of the benefits of Social […]