Avoid a Social Security shortfall: Plan now! Planning for retirement is an important financial move that can help you gain financial security in the future. Millions of people in the US rely on Social Security for their income, but experts believe that the Social Security fund may fall short in the future. According to estimates, … Read more
However, by January 2025, two SSI payments will amount to $484 and $1,450. Recipients mostly observe receiving two payments in a single month once or twice, which is referred to as a double payment. The federal government combined monthly payment disbursement dates with weekends and federal holidays. One must understand why these double payments occur, … Read more
Billion In Retroactive Social Security Payments Issued In an unprecedented step, the Social Security Administration (SSA) has issued over $7.5 billion in retroactive payments to more than 1.13 million beneficiaries, in the wake of the repeal of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) contained in the recently passed Social Security … Read more
