Dec 4, 2024 · The COLA is applied to all Social Security payments — survivor benefits, family benefits and disability benefits, as well as retirement benefits — and to Supplemental …

Nov 16, 2018 · But suppose you started Social Security at 62, for reasons unrelated to health, taking a reduction in benefits for filing before full retirement age (which is 66 and 8 months for …

Dec 16, 2022 · The Social Security Administration (SSA) includes your 35 highest-earning years, adjusted for historical wage growth, in its benefit calculation. You can review your earnings …

Dec 5, 2023 · The cost-of-living adjustment (COLA) gets the headlines, but multiple aspects of Social Security change annually to reflect national trends in prices and wages, affecting the …

Jan 24, 2025 · In 2023, income taxes on benefits added $50.7 billion to the Social Security trust funds, accounting for about 3.8 percent of Social Security’s revenue — the vast majority of …

Oct 10, 2018 · You can file for any type of Social Security benefit by phone at 800-772-1213 or in person at your local Social Security office (call ahead to book an appointment). For retirement …

Jul 16, 2021 · Every year, by law, Social Security recipients are eligible for a cost-of-living adjustment (COLA). The increase in benefits is designed to help beneficiaries keep up with …

Oct 10, 2018 · The Social Security Fairness Act also repealed the Government Pension Offset (GPO), a similar rule that affected about 750,000 people who collected Social Security spousal …

Sep 14, 2020 · If you claim Social Security upon turning 62, you'll get 70 percent of the benefit amount calculated from your lifetime earnings. If you wait until full retirement age — in this …

Jan 10, 2025 · Social Security is enormous and complex, paying out more than $120 billion each month to 68.4 million retirees, people with disabilities and their family members. It's wildly …