March’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 23 days. The next SSI payments are scheduled to be distributed on Feb. 28 because March 1 falls on a weekend.

If you’re like most seniors, you’ll rely on  Social Security to provide a good portion of your income once you retire. But, it can be hard to figure out exactly what role Social Security will play in supporting you if you don’t know how much money you’ll get from the benefits program.

The cost-of-living adjustment (COLA) for 2025 is indeed a most notable change in Social Security for 2025, but it's not an Earth-shattering one. The COLA, effective in December 2024, is just 2.5%. So if you were collecting, say, $2,000 per month, you'd now be getting $2,050.

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

For his last term in office former President Joe Biden sign a new social security measure to ehance benefits for millions of Americans.

Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only is Social Security a valuable source of retirement income, with the average retired worker receiving about $1,975 per month, but it is also the only inflation-protected source of income many retirees have.