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Benefits - English

Who will receive two Social Security payments in the first week of May 2025?

The Social Security Administration (SSA) made another round of payments to millions of beneficiaries on Wednesday, April 23, as part of the monthly schedule that provides ongoing financial assistance to retired and disabled individuals in the United States.The distribution is part of the regular payment schedule, which organises the dates according to the day of birth of each beneficiary. On this occasion, the deposits were made to those born between the 21st and 31st of any month who receive their pension early.A terrifying moment! Woman falls into shark-filled waters amid search for missing swimmerThe SSA payment system operates in three monthly phases: those born between the 1st and 10th receive their money on the second Wednesday; those born between the 11th and 20th receive their money on the third Wednesday; and those born between the 21st and 31st receive their […]

SPORTIVO April 23, 2025

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How does working part-time affect SSI? Maximize your monthly Social Security benefits

Working part-time in retirement can provide not only extra income but also a sense of purpose and routine. However, for individuals who rely on Social Security it's important to understand how earnings from part-time work may affect the monthly benefits you receive. The impact varies depending on your age, how much you earn, and which type of Social Security support you're getting.If you've already reached full retirement age (FRA)-which, for anyone born in 1960 or later, is age 67-your Social Security retirement benefits won't be reduced no matter how much you earn. You can take on a part-time job, work full-time, or even start a business without it cutting into your monthly Social Security checks.However, if you begin collecting benefits before you reach your FRA, your earnings from work could temporarily lower the amount of money you receive each month. […]

SPORTIVO April 17, 2025

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What to do if you receive a letter about Social Security overpayments? Will you have to repay?

If you've received a letter from the Social Security Administration (SSA) saying you were overpaid, you're likely wondering whether you'll need to return that money - and how it will affect your benefits. Under a new rule that went into effect on March 27, 2025, the SSA has changed how it recovers overpayments, and it could leave some beneficiaries without payments until their debt is repaid.Previously, the SSA would typically recover overpayments gradually, withholding 10% of a recipient's monthly benefit. That policy, intended to ease the financial burden on those affected, has now been reversed. Beneficiaries who are overpaid after March 27 will now see 100% of their monthly benefit withheld until the overpayment is fully recovered. That means no monthly checks until the debt is cleared - a major change that has sparked concern among many Social Security recipients.The […]

SPORTIVO April 6, 2025

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Benefits - English

These are the only retirees who will receive a Social Security payment on April 3, 2025: Are you eligible?

April is here and with the arrival of a new month, millions of Americans are awaiting their Social Security payment.Not all households in the United States can receive these payments on the same days and this April 3, some beneficiaries will be able to collect their payment.Autonomous flying taxis become a reality transforming the future of urban air mobilityWhat specific group will be able to receive their Social Security benefits on April 3?This Thursday's check will go to Americans who applied for retirement benefits before May 1997.The payment amount can reach up to $5,180 for elderly retirees and up to $4,018 for disabled retirees.Although, according to the Social Security Administration (SSA), most retirees receive an average of $1,907 per month.People who are not part of this group will be able to enjoy their payment another day of the month.It should […]

SPORTIVO April 2, 2025

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Benefits - English

SSI Wage Report: What income do you need to confirm to the SSA?

For anyone receiving Supplemental Security Income (SSI), reporting income and life changes to the Social Security Administration (SSA) is not just recommended-it's mandatory. Whether you're employed, self-employed, or receiving other forms of support, the SSA requires regular updates to ensure you're getting the correct benefit amount each month.Failing to report changes on time could result in reduced payments, overpayments you'll have to return, or even a temporary suspension of your benefits. Here's how to stay compliant.What Income and Changes Must Be Reported to the SSA?Depending on the nature of your income, you may be required to report it monthly, yearly, or as soon as it changes.Every month, you must report: Wages from employment Child support received Unemployment benefitsAnnually (by January 10): Total self-employment income from the previous yearImmediately after changes: Cash received from friends or relatives Pensions or retirement benefits […]

SPORTIVO April 2, 2025

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