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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
There's also another program known as Supplemental Security Income (SSI). This is a monthly benefit the government administers to qualifying blind and disabled people, and seniors aged 65 or older ...
These polls have found that 80% to 90% of retirees lean on their monthly check, in some capacity, to cover their expenses. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox ...
And an even better bet may be to work until age 70 so you’re able to postpone your filing for the largest possible monthly Social Security checks you can get based on your personal income history.
Each year, there's a wage cap put in place that determines how much income is taxed to fund the program. In 2025, that cap is $176,100, up from $168,600 in 2024.
Coupled with the average annual Social Security benefit of $22,095.24, you’d be pulling in $53,715.49 per year in income without having to lift a finger — and that doesn’t even include any ...
Seniors received raises of 5.9%, 8.7%, and 3.2% in 2022, 2023, and 2024, respectively. Even so, 2.5% is still above the average COLA of 2% received over the previous 20 years. What you can do to ...
Usually, SSI benefits, which are payments for low-income seniors and disabled people, come on the first business day of each month but since Dec. 1 falls on a Sunday this year, SSI payments for ...