But you should know that if you're planning to retire on Social Security alone this year, you may be setting yourself up for some pretty tough times ahead. Here's what your monthly income might look like -- and why it may not be anywhere close to enough.

The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.

As we step into 2025, Social Security and Supplemental Security Income (SSI) payments see adjustments based on the 2.5% cost-of-living increase (COLA). This increase raises the ma

Social Security payments have been helping seniors supplement their retirement income since the Social Security Administration was created in 1935. With the decline of employer pension plans, workers have become increasingly responsible for building their own retirement savings nest eggs.

February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in nine days. The next SSI payments are scheduled to be distributed on Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income, according to the Social Security Administration.

You bring up a point we frequently hear – that if, instead of paying into Social Security, I had invested the same money in the stock market I would have gotten more. That, of course, might be the case if you had the unwavering discipline to religiously invest the equivalent amount in the market,

Making Social Security last longer every month isn't just about maximizing the amount received -- it's about planning, strategizing and being smart with available resources. With the right

In 2025, nine states will impose taxes on Social Security benefits, understanding the specific rules and income thresholds in these states is crucial for reduce.