Social Security payments are a key part of most retirement plans, but many people reduce their benefits by claiming too early, misunderstanding spousal benefits, or misjudging how work income affects payments.

In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.

Keep in mind that the Social Security Administration also pays benefits in the month after they're due. For example, if you turn 62 on March 21, 2025, you won't be eligible for benefits until April 2025, and you'll get your first check in May 2025.

Social Security is a cornerstone of financial stability for millions of retirees across the United States. Each year, the Social Security Administration (SSA) adjusts benefit amoun

Social Security is more confusing than ever. Myths abound. Here, you’ll find a complete set of 25 facts to help you understand Social Security and its benefits.

If you wait to claim spousal benefits until your full retirement age, you can receive up to half the amount of your spouse's benefit.

The Social Security Fairness Act hopes to bring more benefits to retirees and government employees in 2025. Roy Wood Jr. Turns Down Andy Cohen’s Tequila Shot During CNN’s New Year’s Eve Special: “The

Social Security is tweaked each year to account for changes in areas such as life expectancy and cost of living.

There are several Social Security changes taking effect in 2025 that can impact your wallet.  Some changes will impact retirees, while others will affect those still working. Reviewing these changes now and making a plan can help you dodge any surprises and keep your budget on track.