Key Points Social Security benefits are based on your earning history. Your age when you claim benefits impacts whether you receive your standard benefit or whether it is reduced or increased. If your spouse earned more than you,

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.

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 nine days.

This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including how much more money they might receive.

Social Security COLA has been in effect for a month, and that means you should have received your boosted check.

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the more you receive in benefits during your retirement. In 2024, someone with maximum credits who waits until age 70 will receive almost $60,

Although many Americans have traditionally envisioned retirement age as 65, full retirement age is actually 67 for those born in 1960 or later, according to the Social Security Administration

Retirement is one of the biggest milestones in an American’s life. The promise of Social Security benefits is a major financial relief, but the age at which you choose to retire can significantly impact your monthly check.

Understanding the timing and strategies for Social Security payments can significantly impact your financial well-being. Learn how to navigate the system to ensure you receive the maximum benefits possible.