On Memorial Day, our nation honors military service members who have given their lives for our country. Families, friends, and communities pause to remember the many great sacrifices of our military and ensure their legacy lives on in the freedoms we all enjoy. We recognize these heroes who, in President Lincoln’s words, “gave the last full measure of devotion.” Continue reading
Beginning today, the Internal Revenue Service (IRS) will issue Economic Impact Payments (EIP) to approximately 1.4 million SSI recipients with representative payees and 10.4 million Social Security beneficiaries with representative payees. Continue reading
Millions of Americans have already received their Economic Impact Payments. Many more will get theirs as the IRS continues to send payments. People who receive Supplemental Security Income (SSI) and Veterans Affairs (VA) disability compensation and pension benefits will receive up to $1,200 automatically. However, some people in this group, those who did not file a tax return and who have a child under 17, must act by May 5th to receive a $500 payment for each qualifying child now. If you miss the deadline, you will receive your $1,200 payment, but you will need to wait until next year to file a tax return to get money for your qualifying child. Continue reading
April is Financial Literacy Month, a month focused on educating people about the importance of planning for a secure financial future. Social Security is a vital part of any financial plan, and we have online tools to help you understand your potential Social Security benefits and how they fit into your financial plans.
In the 21st century, more women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. Yet, on average, women face greater economic challenges than men in retirement. Continue reading
This year, America Saves Week (ASW) runs from February 24 through 29. The week is an opportunity for organizations to promote good financial habits. It’s also a great time for people to assess their own saving status, as planning and saving are key to a successful retirement. Continue reading
Chances are good that you use the internet or a cell phone app every day. Social Security has you covered. We’ve created online tools to make the lives of millions of people easier. We’ve put together a top ten list of easy-to-use resources for you. Continue reading
Social Security has tools, information, and services to help secure today and tomorrow for you and your family.
When you start receiving Social Security benefits, certain members of your family may also qualify for benefits on your record. Benefits may be paid to: Continue reading
Some of the millions of people who get monthly Social Security or Supplemental Security Income benefits need help managing this money. A person assigned to help you manage your monthly benefits is called a representative payee. We may decide you need a representative payee if we receive information that indicates you need help to manage your money. We try to select someone who knows you and wants to help you. Your representative payee should be someone who you trust, who sees you often, and who clearly understands your needs.
A representative payee receives your monthly benefits on your behalf and must use the money to pay for your current needs. Eligible costs include: Continue reading
Are you looking for new ways to save time this new year? Social Security offers many of its services online by signing up for a secure my Social Security account.
Once you create an account, you can review your work history and see an estimate of your future Social Security benefits. We recently made several enhancements and introduced new features to my Social Security. With your personal my Social Security account, you can also: Continue reading