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How much will retirees whose Social Security payment arrives on Wednesday, June 11, receive?

The Social Security Administration (SSA) will begin on June 11, 2025, the distribution of monthly payments for millions of beneficiaries in the United States.This first round of payments is for people born between the 1st and 10th of each month, including retirees, Social Security Disability Insurance (SSDI) beneficiaries and survivor pensioners.Travis Hunter's wife faces backlash after wedding video shows her dodging his kissPayments on this date, according to the SSA, will average $1,999.97 for retirees, reflecting a slight increase from the average in January this year, which was $1,976. This adjustment is in response to the need to maintain purchasing power in the face of current economic challenges.June payment scheduleThe June payment schedule follows the usual pattern based on the beneficiaries' date of birth:Born between the 1st and the 10th: Wednesday, June 11Born between the 11th and 20th: Wednesday, June […]

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This group could see a significant cut to their Social Security benefits starting in June 2025

From June 2025, a significant group of Social Security recipients could face monthly reductions in their checks due to unpaid student debtThe Trump administration has confirmed that Social Security recipients who are in default on federal student loans will begin to see a 15% reduction in their monthly payments. This measure marks the resumption of collections that had been suspended since March 2020 due to the COVID-19 pandemic, under the Treasury offset program known as the Treasury Offset Program (TOP).Elon Musk quietly leads controversial DOGE cutsThe decision will primarily impact seniors and people with disabilities who rely on Social Security as their primary source of income. According to the Department of Education, about 195,000 borrowers have already received collection notices, and all 5.3 million delinquent borrowers are expected to receive similar notifications over the summer.The law allows the government to […]

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Social Security Payment: How much will beneficiaries receive on Wednesday, May 28, 2025?

This week, the Social Security Administration (SSA) will distribute one of the last benefits for May, and it is important to remember that those who began receiving these benefits before May 1997, usually receive their Social Security payment on the third day of each month.If you also receive Supplemental Security Income (SSI), that benefit arrives on the 1st.Elon Musk quietly leads controversial DOGE cutsHowever, in May there is a peculiarity, since Wednesdays did not align as usual, so the SSA scheduled payments a little later than usual, and that is why it is especially important to know the exact dates of dispersion of these resources, for those who are still waiting.Most beneficiaries receive their payments on Wednesdays, depending on their date of birth, and under this rule and circumstances in this month, the payment schedule is as follows for those […]

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Social Security Payments: This group of retirees is seeing extra money in their accounts

A significant number of retired public workers across the United States are now receiving long-overdue Social Security payments, thanks to a transformative piece of legislation known as the Equity Act. Here's what it means.The bipartisan law has already returned nearly $1.5 billion to more than 200,000 former public employees in Ohio alone, and these unexpected payments represent a major shift in federal Social Security policy.It's one that corrects decades of exclusion for certain groups of workers. For example, under the previous rules, individuals like Dan Mitchell, a retired Cincinnati police officer, were ineligible to receive Social Security benefits.That was because they had a government pension and it didn't matter even if they had paid into the system through other employment, creating an unfair loss of money for them.Friday Favorites: Animal Protein vs. Plant-Based Protein"My wife and I had planned to […]

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Social Security Payments: This group of retirees is seeing extra money in their accounts

A significant number of retired public workers across the United States are now receiving long-overdue Social Security payments, thanks to a transformative piece of legislation known as the Equity Act. Here's what it means.The bipartisan law has already returned nearly $1.5 billion to more than 200,000 former public employees in Ohio alone, and these unexpected payments represent a major shift in federal Social Security policy.It's one that corrects decades of exclusion for certain groups of workers. For example, under the previous rules, individuals like Dan Mitchell, a retired Cincinnati police officer, were ineligible to receive Social Security benefits.That was because they had a government pension and it didn't matter even if they had paid into the system through other employment, creating an unfair loss of money for them.Friday Favorites: Animal Protein vs. Plant-Based Protein"My wife and I had planned to […]

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Social Security Payments: This group of retirees is seeing extra money in their accounts

A significant number of retired public workers across the United States are now receiving long-overdue Social Security payments, thanks to a transformative piece of legislation known as the Equity Act. Here's what it means.The bipartisan law has already returned nearly $1.5 billion to more than 200,000 former public employees in Ohio alone, and these unexpected payments represent a major shift in federal Social Security policy.It's one that corrects decades of exclusion for certain groups of workers. For example, under the previous rules, individuals like Dan Mitchell, a retired Cincinnati police officer, were ineligible to receive Social Security benefits.That was because they had a government pension and it didn't matter even if they had paid into the system through other employment, creating an unfair loss of money for them.Friday Favorites: Animal Protein vs. Plant-Based Protein"My wife and I had planned to […]

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Does the ‘big, beautiful bill’ cut taxes on Social Security? Here’s what you need to know

Benefits are front and center of the political debate once again after Republican-backed tax bill attracted attention for a series of cuts. So is a cut to Social Security taxes on the agenda from President Trump's politicians?The bill is making its way through the House and will have an impact on different groups, particularly seniors, but one notable aspect is the absence of a proposed tax cut on Social Security benefits, despite promises from Trump in campaigning.3 most common Medicare scams in 2025The current tax bill does not follow through with that promise, but instead, a different form of tax relief for seniors has emerged from the latest bill. So what exactly is it and how does it work?Why Social Security is left out of the Tax BillSuitcases, stories, and a spiralling staircase: A look inside Rotterdam's new migration museumVarious […]

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How much of your Social Security can be garnished for student loan debt?

Millions of Americans with federal student loan debt are once again subject to involuntary collection efforts, and that includes the garnishment of Social Security benefits for those in default. The Department of Education recently resumed these collection actions, raising serious concerns for older borrowers who rely heavily on monthly Social Security payments to cover essential living costs.According to the Consumer Financial Protection Bureau, out of the 5.3 million borrowers facing potential garnishment, approximately 425,000 are 62 or older. That means hundreds of thousands of seniors could see their retirement income shrink significantly to repay old student loans.When can Social Security benefits be garnished?Can Video Games Actually Teach Your Kids About Finances?Social Security payments, including both retirement and disability benefits, generally enjoy legal protections from most types of debt. Financial advisor Krisstin Petersmarck explains, "You're not going to have your Social […]

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Here’s who won’t receive their Social Security payments on Wednesday, May 21, 2025

The Social Security Administration (SSA) will make its next round of payments on Wednesday, May 21, to cover essential income for retirement, disability pensions and survivor benefits, although not all beneficiaries will receive their payment and it is important to be aware of who is not included in this week's list.The list of retirees who will receive their payment this week corresponds to those born between the 11th and 20th of any month, who began receiving their benefits after 1997. This segmentation allows the SSA to efficiently distribute the high volume of monthly payments, avoid delays and system overloads, so it does not include those who apply for Supplemental Security Income (SSI), beneficiaries who collected in the round on Wednesday, May 14.3 most common Medicare scams in 2025The SSA distributed the first payment of the month, aimed at those who […]

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Medicare Costs 2025: How much do you have to pay for home health care?

The cost of home health care can be a financial strain for patients and their families. For many, Medicare serves as a crucial support system, offering not just affordable care but also financial and emotional relief. Medicare costs vary depending on your specific coverage, the services you receive, and the providers you choose. Medicare Part B covers physician services, hospital outpatient care, durable medical equipment, and certain home health care services. In 2025, Medicare Part B has a monthly premium of $185 and a $257 deductible, which includes coverage for home health care. Here's what you'll pay for home health care services after meeting your deductible.Medicare home health care costsThere is no separate deductible or copayment specifically for home health care, as long as beneficiaries meet the eligibility criteria. However, once the deductible is met, beneficiaries typically pay 20% of […]

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