The Latest Breaking News from SSA

You Have 30 Days After a Social Security Overpayment Notice — Here’s Why That Deadline Matters

A Social Security overpayment notice can put your monthly budget at risk, even if you believe the agency made a mistake. The 30-day deadline matters because requesting a review promptly can help protect your benefits from withholding while the agency considers your case.

The Free Financial Advisor · Oct 15

'If we wait, will it even be there?' What I'm hearing from retirees about Social Security

My clients are afraid Social Security won't be there. My advice: Don't let that fear talk you into a smaller check.

Fortune · Oct 11

The 2027 Social Security COLA Is Coming in October — Check Your my Social Security Account Before the New Benefit Amount Arrives

Millions of retirees are waiting to find out how much their Social Security checks will increase in 2027, but there’s something worth doing before the...

Saving Advice · Oct 8

Social Security claiming age names could change: Will your benefits change? What new labels for ages 62, 67 and 70 really mean

Congress has cleared a bill that would give Social Security’s key claiming ages new names. The proposal would call 62 the “minimum monthly benefit age,” 67 the “standard monthly benefit age,” and 70 the “maximum monthly benefit age.” The ages themselves would not change. The goal is to make the…

The Economic Times · Oct 1

Social Security’s 2027 COLA Will Be Announced Oct. 14 — Here’s What Determines the Final Number

Millions of Social Security recipients are less than two weeks away from learning how much their benefits will increase next year. The 2027 Social Security...

Saving Advice · Oct 1

Would You Rather Work 5 More Years and Retire Richer or Leave the Job at 62?

Imagine reaching your 62nd birthday with enough money to retire, but knowing another five years at work could leave you considerably better off financially. Do...

Saving Advice · Oct 1

Two Ex-Spouses, One Social Security Record: Who Gets Paid, and the Remarriage Mistake That Cancels Your Check

Imagine someone was married for 15 years, divorced, remarried, stayed married another 15 years, and divorced again. Both former spouses may look at the same...

Saving Advice · Sep 30

Social Security payment schedule for 2027: When will your check arrive and why could some payments reach you earlier than expected?

The Social Security payment schedule for 2027 gives beneficiaries a useful head start on planning their finances. Most retirement, survivor and disability payments are tied to your birthday and arrive on one of three Wednesdays each month. SSI follows a different calendar, and some payments move into the previous month…

The Economic Times · Sep 30

The “Your Social Security Number Was Suspended” Call: What Happens to Your Money If You Answer

The caller sounds official, knows your name, and may even make the number on your caller ID look like it belongs to a government agency....

Saving Advice · Sep 27

$500,000 in a 401(k) and $100,000 in Cash: Spending the Wrong One First Can Raise Your Medicare Premium Two Years Later

A retiree with $500,000 in a 401(k) and another $100,000 sitting in cash has more than a simple spending choice. Taking money from the 401(k) can increase taxable income, and that income can affect Medicare premiums two years later.

The Free Financial Advisor · Sep 27