The Social Security Fairness Act is now law, and a year of backdated payments await nearly 3 million Americans.

It has been my custom for most of the past 27 years to write a year-end column that summarizes the Social Security updates scheduled to take place the following year.

Nearly 3 million Americans are poised to see bigger Social Security benefit checks. For some, that could trigger larger tax ...

Almost all Social Security beneficiaries are familiar with the most popular and publicized upcoming change: the increase in ...

It has been my custom for most of the past 27 years to write a year-end column that summarizes the Social Security updates ...

The updates include a higher cost-of-living adjustment, revisions to the earnings test thresholds, and increases in maximum benefits.

Beginning in January 2025, retirees will see a 2.5% increase in their benefits. For the average retired worker, this means an ...

President Joe Biden is set to sign a bill that will raise Social Security benefits for some pensioners, while the annual COLA will apply to all beneficiaries. These changes aim to help retirees keep ...

The maximum amount available to retirees who stop working at the Full Retirement Age - currently 67 years old - is $4,018. If you take your benefits at the earliest possible age of 62, your maximum ...

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