Oct 10, 2018 · To report a payment as late, missing or stolen, call Social Security at 800-772-1213 or contact your local SSA field office. %{postComment}% Andy Markowitz is an AARP senior writer and editor covering Social Security and retirement.

Dec 4, 2024 · In 2025, beneficiaries who will not reach FRA until a later year have $1 withheld from their Social Security payment for every $2 in work income above $23,400 (up from $22,320 in 2024). For example, if you earn $40,000 from work in 2025, your benefits for the year would be reduced by $8,300 — half the difference between $23,400 and $40,000.

Oct 10, 2018 · That’s because Social Security pays benefits a month behind, so your benefit for, say, June 2025 will arrive in July. Your birthday generally determines your monthly payment schedule : If the birthday is between the first and the 10th day of the month, the benefit payment arrives on the second Wednesday of each month.

Dec 24, 2024 · People who receive VA benefits, Social Security retirement, SSDI or SSI benefits, and railroad retirement benefits who also have dependent children under the age of 17 who qualify for stimulus money should complete the IRS online form for non-filers in order to get the additional $500 per child payments for these dependents. Beneficiaries in ...

Oct 5, 2022 · The repeal law, the Social Security Fairness Act, is retroactive to the start of 2024, so those beneficiaries will receive refunds for that year’s withholding as well as higher monthly payments going forward. If you were subject to either provision, check the SSA’s Social Security Fairness Act page for updates on implementation.

Aug 14, 2024 · Editor’s note: The Social Security Administration announced a 2.5 percent cost-of-living adjustment Oct. 10, in line with analysts' projections, and Medicare confirmed Nov. 8 that the standard Medicare Part B premium will increase by 6 percent to $185 a month. Both changes take effect in January 2025.

Dec 5, 2023 · In 2024, beneficiaries who will not reach FRA until a later year have $1 withheld from their Social Security payment for every $2 in work income above $22,320 (up from $21,240 in 2023). For example, if you have a $40,000 job, your benefits for the year would be reduced by $8,840 — half the difference between $22,320 and $40,000.

Oct 10, 2018 · But Social Security adds to your payment for each month between full retirement age and 70 that you delay claiming benefits. Someone filing at age 70 in 2025 qualifies for 130.7 percent of their full benefit.

Oct 10, 2018 · Social Security will take any work income from that tax year and figure it into your benefit calculation. That calculation is based on the average monthly income from the 35 best-paid years of your working life (as indexed for historical U.S. wage trends, a process akin to adjusting for inflation).

Dec 26, 2024 · Under normal operations, Social Security offices are open weekdays from 9 a.m. to 4 p.m. local time. Appointments are required in most circumstances to get in-person service. Call Social Security’s toll-free national help line (800-772-1213) or contact your local office directly to schedule a visit.