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Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...
For the 66 million Americans receiving Social Security benefits, according to the Social Security Administration (SSA), many are eligible for additional financial assistance programs such as ...
More than 70 million Americans collect Social Security, Supplemental Security Income (SSI), or both, according to the Social Security Administration (SSA). The vast majority are people age 65 and...
‘Payments will not stop’: Suze Orman cited these Social Security facts to ease fear about the program — urged older Americans to ‘wait past your early 60s’ to collect benefits.
However, the Social Security Act does not accept that a claimant "holding out as husband or wife" should be entitled of Survivor, Retirement or Widow(er)s benefits, when the claimant's "husband or wife" dies. [175] SSA rules and regulations about marital status either prohibit (SRDI program) or reduce (SSI program) benefits to indigent claimants.
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
The Social Security Administration treats an application for SSI to also be an application for any Social Security benefit for which the individual is eligible. In general, however, SSI differs from Social Security because SSI pays benefits to individuals who have limited income and resources.
The Social Security Fairness Act (SSFA), which was recently signed into law by former president Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from...