Indiana State

The Motley Fool

Social Security will undergo several changes next year, and a recent survey suggests many Americans will be surprised by those changes.

3 Big Social Security Changes Coming in 2025 May Surprise Many Americans

SmartAsset

Planning for retirement can be both exciting and challenging. Figuring out how much you can realistically spend each year is a key piece of that puzzle. For example, a 62-year-old with $800,000 in savings and a monthly Social Security benefit of $2,600 can reasonably expect an annual income of $63,200 in retirement. Figuring out how […] The post I’m 62, Have $800,000 and Will Receive $2,600 Monthly from Social Security. What's My Retirement Budget? appeared first on SmartReads by SmartAsset.

I'm 62, Have $800,000 and Will Receive $2,600 Monthly from Social Security. What's My Retirement Budget?

WashingtonExaminer

The monthly Supplemental Security Income check, worth up to $943 for individual filers, will be delivered to eligible recipients in three days. The SSI payment from the Social Security Administration will be issued to eligible citizens on July 1, in accordance with the SSA mandate that benefits must be delivered to recipients by the first day of the month. This […]

Social Security update: July direct payment worth $943 goes out in three days

It's an important decision -- but not just a financial one.

The No. 1 Reason to Claim Social Security at Age 62

The first round of Social Security checks for July are headed your way, and unlike June, the payment schedule is back on track without any delays or early payments this month. If you're expecting your check this week, it should arrive this Wednesday. Also, if you're still waiting on your June check, there are a couple of reasons why it may not have arrived.

Social Security July Check 2024: When Will You Get Paid?

If you're widowed, it could affect your benefit amount.

Here's What Happens to Your Social Security When Your Spouse Passes Away

Colorado State

California State

Apple Valley News Now

The price drivers pay at the gas pump — averaging $3.45 in June — includes a federal tax of 18.4 cents per gallon, plus state taxes that vary widely.

Heads Up, Drivers: 7 States Will Pump Up Gas Taxes on July 1

McPhersonBuzz News

SNAP Offers Vital Support Through Food Vouchers Application Deadline Approaches for 2024 Benefits (According to The U.S. Sun), thousands of American households now have the chance to apply for food vouchers worth at least $291 through the Supplemental Nutrition Assistance Program (SNAP) managed by the USDA’s Food and Nutrition Service. This program helps low-income families by […]

$291 Food Vouchers Available: How to Apply for SNAP Benefits and Start Fresh in 2024-Check it out!

Arkansas State

FinanceBuzz

While you may pay federal taxes on your Social Security benefits, many states don’t tax them. Here are the 41 states you may want to consider for retirement.

41 States That Don't Tax Social Security

You should know what could come out of your Social Security benefits payment every month before you're caught off guard.

9 Things That Get Deducted From Your Social Security Payment

For an average single person planning to stop working at 64, a $1.2 million 401(k) account and $2,800 Social Security benefit could provide enough income to make ends meet during retirement. Widely used guidelines suggest your annual income may be around $81,600, which may or may not be more than your annual expenses. Much depends […] The post I’m 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What’s My Retirement Budget? appeared first on SmartReads by SmartAsset.

I'm 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What's My Retirement Budget?

Social Security's annual cost-of-living adjustment (COLA) revelation is the most-anticipated event for the program's beneficiaries. A fourth consecutive year of an above-average increase to Social Security checks is currently forecast. However, the expenses that matter most to seniors (i.e., the bulk of Social Security recipients) are rising at an even...

Here's Exactly How Much Social Security Checks Are Forecast to Rise in 2025

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contributor

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

According to a recent analysis, Medicare and Social Security analyst Mary Johnson projects that in 2025, the Cost of Living Adjustment (COLA) for Social Security benefits will be lower. Relative to her May projection of 3.2 percent, she now projects a 3 percent increase in payments for seniors, survivors, as...

2025 Social Security COLA: Expected Impact on Disability Benefits

Retirement Daily

Choosing the right financial advisor is crucial. Understanding the ERISA fiduciary rule empowers you to ask the right questions and prioritize your retirement security.

Fiduciary vs. Non-Fiduciary Adviser: Understanding the Difference for Your Retirement

Arizona State

Significant Social Security Benefits Increase for Seniors. Seniors over 62 will soon see a welcome change in their monthly Social Security benefits. A bill introduced by Representative Ruben Gallego proposes a substantial modification to the current cost of living adjustment (COLA) computation, potentially ensuring that effective January 1st, seniors receive financial benefits that better reflect the actual costs associated with living expenses.

Social Security Benefits for Seniors Set to Increase Under the Proposed Boosting Benefits and COLA Act

Missouri State

The insurer has agreed to pay tens of millions to settle the suit involving overcharges. State Farm Life and Accident Assurance Company are issuing life insurance settlement checks as pay out for a class action lawsuit against the companies. The lawsuit was filed in a federal court and involved overcharging...

State Farm settles life insurance suit with $65 million payment

Applying for Medicaid long-term care? Our elder experts explain the complicated process, including the look-back rule.

Medicaid Long-Term Care: Future And Current Retirees Need To Prepare

Michael Jackson's $2 billion estate is currently entangled in a controversial legal battle with the IRS over tax matters. The situation allegedly puts pressure on the late icon's three children and his elderly 94-year-old mother, leaving them struggling for funds as their anticipated inheritance remains out of reach. The unexpected...

Michael Jackson's 3 Children and Mom Katherine in Financial Limbo Due to $2 Billion IRS Freeze

Alaska State

Alaska Department of Health Commissioner Heidi Hedberg gave an update on the backlog of food aid applications in the Division of Public Assistance at a news conference for Gov. Mike Dunleavy's proposed FY 2025 budget in Juneau on Dec. 14, 2023. (Photo by Claire Stremple/Alaska Beacon) Alaska’s Department of Health...

USDA penalizes Alaska $12 million for overpaying food stamp benefits

NewsBreak

A big month for FSSA has real life consequences

The Family and Social Services Administration has some crucial changes they can't afford to mishandle. (Logo, flag from FSSA, state of Indiana) The Family and Social...

A big month for FSSA has real life consequences

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