Social Security update

Retirees Aged 70 Could Receive $5,108 on January 15 or 22 if They Meet Social Security Requirements

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Retirees Aged 70 Could Receive $5,108 on January 15 or 22 if They Meet Social Security Requirements

The average payment that will be given to the 60-year-old retirees with effect from January 2025 amounts to $2,118. Meanwhile, the total average sum to be gotten per person may be different because some still manage to qualify in 2023 to the tune of up to $5,108 as of January. Requirements for Social Security Meeting … Read more

SSA Announces 2.5% Boost in SSI Payments: $484, $967, or $1,450 – Check Eligibility!

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SSA Announces 2.5% Boost in SSI Payments: $484, $967, or $1,450 – Check Eligibility!

The Social Security Administration (SSA) has announced significant updates to Supplemental Security Income (SSI) payments for 2025, with amounts ranging from $484, $967, to $1,450 based on eligibility and individual circumstances. With a 2.5% cost-of-living adjustment (COLA), beneficiaries can expect a modest boost to their monthly income. Here’s what you need to know about the … Read more