The restoration of Social Security benefits for public-sector retirees by the US Congress marks a significant shift in policy. For years, these retirees faced restrictions under the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which reduced or eliminated their Social Security benefits. Here’s a closer look at why Congress took action, the … Read more
Social Security remains a vital safety net for millions of Americans. Every year, adjustments are made to ensure the program keeps pace with economic shifts and demographic changes. As 2025 approaches, several potential updates could impact beneficiaries, including adjustments to benefits, taxes, and eligibility. Here’s a breakdown of the key Social Security changes you can … Read more
Social Security benefits are a crucial income source for many retirees. While the federal government taxes Social Security under certain income thresholds, some states also impose taxes on these benefits. As we approach 2025, retirees should be aware of states where these taxes are most likely to apply. Here’s a breakdown of nine states that … Read more
Warren Buffett, known as the “Oracle of Omaha,” has built a reputation as one of the most successful investors in history. His insights extend beyond investing into areas such as economic policy, including Social Security. Buffett has suggested ways to improve Social Security, ensuring it remains sustainable and beneficial for future generations. Here are four … Read more
In recent years, many Social Security offices faced long lines, with some customers waiting for hours to access services. However, 2024 has brought a renewed commitment to improving the customer experience through innovative solutions. By introducing appointment-based services, the Social Security Administration (SSA) is transforming the way it serves the public, significantly reducing wait times … Read more
As we continue to enhance support for families and individuals navigating challenging circumstances, we’re excited to announce the release of new resources designed to educate school employees and survivors about available benefits. These toolkits provide essential guidance, tools, and information to help professionals and organizations access Social Security benefits efficiently. School Professionals Toolkit The School … Read more
ABLE Act: On December 19, 2024, we celebrate a significant milestone—the tenth anniversary of the Stephen Beck, Jr. Achieving a Better Life Experience (ABLE) Act. The ABLE Act has transformed the lives of millions of people with disabilities by providing them with the opportunity to save and invest in a tax-advantaged way without losing essential … Read more
Supplemental Security Income (SSI) provides crucial financial support to adults and children with disabilities, as well as individuals aged 65 and older, who have limited income and resources. Recognizing the need for a more accessible and efficient application process, the Social Security Administration (SSA) has launched a simplified online SSI application. This initiative is part … Read more
Social Security Account: The holiday season is a time for family, friends, and togetherness. As we gather around festive tables and share stories, it’s a great opportunity to talk about important topics such as Social Security. Whether you’re discussing retirement benefits, disability benefits, or future planning, understanding how Social Security works is crucial. This article … Read more
Supplemental Security Income (SSI) is a government program designed to provide financial assistance to seniors and individuals with disabilities who have limited income and resources. This program helps meet basic needs such as food, shelter, and clothing. Understanding how SSI works can help those who qualify make the most of the assistance available. What is … Read more