In April 2024, over 50 million retired employees were paid by Social Security. Those monthly payouts are frequently their main source of revenue. In fact, according to a current poll, 88% of retirees rely on Social Security to a certain extent, with 60% stating that payments are their “key supply” of revenue. Every year, the … Read more
Several individuals are asking what is going to occur with Social Security in light of the present election cycle and the ongoing attention being paid to topics like unemployment and the national debt. While it’s difficult to forecast long-term developments because so much may change based on events like election results and economic conditions, it’s … Read more
Millions of Americans are eagerly awaiting their Social Security benefits this March, with significant increases in payments hitting bank accounts this week. The latest Cost of Living Adjustment (COLA) brings good news for recipients, with a maximum payment of $4,873 and an average increase of $58 compared to last year’s benefits. Beneficiaries with birthdays falling … Read more