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In October, the Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for retired workers and other beneficiaries in 2025. That change, coupled with annual modifications ...
The Commodity Supplemental Food Program targets seniors in need of food assistance. To qualify in Florida, you must be 60 or older with a household income at or below 130% of the federal poverty ...
The states who do let the Social Security Administration manage their SSP (see section Apply for the State Supplement Program). Except from the states of Arizona, Mississippi, North Dakota, Northern Mariana Islands, and West Virginia; every state currently offers a state supplement to the federal SSI through the State Supplement Program.
Social Security limits the amount of wages that it taxes each year based on inflation and wage growth. In 2024, Social Security's wage cap was $168,600. In 2025, it's $176,100.
Social Security recipients could get an additional $2,400 a year in benefits if a new bill recently introduced to Congress wins approval -- something seniors would no doubt welcome as surging...
SSI was created by the Social Security Amendments of 1972 and is incorporated in Title 16 of the Social Security Act. The program is administered by the Social Security Administration (SSA) and began operations in 1974. Individuals or their helpers may start the application for SSI benefits by completing a short form on SSA's website.
Its stated purpose is to promote solutions to seniors' issues that are grounded in free markets, less government, and less taxes. [1] The organization is pro-Republican Party. [2] The organization is known for its advocacy for the privatization of Social Security and senior citizen health programs, as well as its opposition to the estate tax. [3]
For several years, Congress has debated cuts to Social Security programs that could reduce or close certain services and benefits many boomers rely on. Check Out: I Retired at 65: Here’s My ...