Social Security nearly marked 2.7M people
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An above-average boost is likely on the way, but it may not be as much as you were expecting.
The Social Security Administration will make its first payments for the month of June this week, with Supplemental Security Income payments going out on Monday. On Wednesday, beneficiaries receiving both SSI and Social Security retirement, disability, family or survivor benefits will get their first payment, based on their May records.
The Social Security Administration has released the June 2026 payment schedule for retirement and SSI benefits.
Without action, Social Security recipients could see benefits cut by 24% in 2032, impacting millions nationwide.
An above-average boost is likely on the way.
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
The highest Social Security retirement benefit depends on earning at least the taxable maximum for decades and delaying benefits until age 70.
The Social Security Administration has eliminated more than 7,100 jobs since last year, according to reports — the largest workforce reduction in the agency’s history, which came as part of a Trump administration overhaul.
Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.
The Social Security Administration follows English common law when determining your age. Under that system, you're only 62 during your birth month if you were born on the first or the second of a month. If you were born on the third or later, you won't qualify until the month following your birth month.