Social Security

How the Pending Social Security Insolvency Could Shatter Retirees’ Finances—The Cost You Need to Know

How the Pending Social Security Insolvency Could Shatter Retirees’ Finances—The Cost You Need to Know

Anthony Lane

The impending insolvency of Social Security could severely impact retirees, with monthly benefits potentially slashed by 23%. This article explains the causes of this issue, its potential effects on retirees, and practical steps to prepare for potential cuts. Learn how to secure your financial future despite this looming challenge.

5 Critical Social Security Changes in 2025 That Could Make or Break Your Retirement Plan

5 Critical Social Security Changes in 2025 That Could Make or Break Your Retirement Plan

Anthony Lane

The Social Security changes in 2025 include a 2.5% COLA increase, the repeal of WEP and GPO, and the transition to electronic payments. These updates can significantly impact your benefits and retirement planning. By understanding these changes, you can take steps to maximize your Social Security benefits and secure your retirement.

Average Social Security Check in July 2025 – Check Next Payment Dates & Amount

Average Social Security Check in July 2025 – Check Next Payment Dates & Amount

Anthony Lane

Learn all about Social Security checks in July 2025, including average payment amounts, payment schedules, and factors that determine how much you’ll receive. Whether you're preparing for retirement or managing benefits for someone else, this guide offers essential insights and helpful tips.

Claim Social Security by 2020 Return

Former President Eligible Since 2008, But Didn’t Claim Social Security by 2020 Return

Anthony Lane

Donald Trump’s decision to forgo Social Security benefits through 2020, despite being eligible since 2008, offers a powerful lesson in retirement strategy. His 2020 tax return revealed he chose to delay, a move that leverages Delayed Retirement Credits to secure a larger monthly payment—up to 8% more per year—and avoids taxes on benefits for high earners. This financial choice, also made by the Clintons, highlights a key, personal decision every American faces when planning for retirement.

Here’s the Age Experts Say You Should Claim Social Security—Based on Real-Life Outcomes

Here’s the Age Experts Say You Should Claim Social Security—Based on Real-Life Outcomes

Anthony Lane

Deciding when to claim Social Security involves weighing immediate needs against higher future income. While early claiming at 62 provides quick access, delaying until 70 can maximize your benefit by up to 32%. This comprehensive guide covers break-even analysis, spousal strategies, tax considerations, Medicare enrollment, and real-life examples to help you choose the optimal age based on your health, finances, and goals.

Social Security Recipients Born on These Dates Get Paid June 18—Are You One of Them?

Social Security Recipients Born on These Dates Get Paid June 18—Are You One of Them?

Anthony Lane

Social Security recipients born between the 11th and 20th of any month will receive their June 2025 payment on Wednesday, June 18. Learn how the SSA schedule works, what types of benefits are included, how to protect yourself from delays or fraud, and steps to ensure timely deposits. This expert-backed guide simplifies complex information, making it accessible for everyone from retirees to professionals managing retirement planning.

70-Year-Olds May Receive $5,108 Social Security Checks in June — Check Eligibility Rules Today

70-Year-Olds May Receive $5,108 Social Security Checks in June — Check Eligibility Rules Today

Anthony Lane

In June 2025, 70-year-olds may qualify for Social Security checks of up to $5,108. This guide explains how to meet the eligibility requirements, outlines the payment schedule, and provides practical tips to help you maximize your benefits. Learn how your earnings history, retirement age, and claiming strategy all impact your monthly income, with links to official tools and resources from the SSA and IRS.

June 2025 Social Security Payment Dates Confirmed — Check When You’ll Receive Yours!

June 2025 Social Security Payment Dates Confirmed — Check When You’ll Receive Yours!

Anthony Lane

June 2025 Social Security payment dates are set: RSDI recipients receive payments on June 3, 11, 18, or 25 based on cycles; SSI beneficiaries were paid early on May 30, 2025. This guide explains how payments work, benefit calculations, and strategies to maximize your payout. From spousal and survivor benefits to working while claiming, you’ll find easy-to-follow steps, helpful anecdotes, and authoritative advice to manage Social Security smartly.

Social Security Payments Will Continue in June — Check Your Payout Status and Schedule

Social Security Payments Will Continue in June — Check Your Payout Status and Schedule

Anthony Lane

Social Security payments will continue in June 2025, with disbursements set for June 3, 11, 18, and 25 depending on your birthday. SSI payments arrived early on May 30. This friendly, expert guide helps you check your status, understand delays, and get the most out of your benefits.

Social Security to Issue Record-Breaking Retiree Payments: Check What’s Coming Next Week

Social Security to Issue Record-Breaking Retiree Payments: Check What’s Coming Next Week

Anthony Lane

Social Security payments are set to break records in June 2025. Thanks to a 3.2% COLA increase and the removal of the Windfall Elimination Provision and Government Pension Offset, retirees can expect larger payments. This article explains how these changes will affect you and what to expect from the upcoming Social Security payment schedule.