Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3.2 percent in 2024. On average, Social Security retirement benefits will increase by more than $50 per month starting in January. More than 66 million Social Security beneficiaries will see the 3.2 percent cost-of-living adjustment (COLA) beginning in January … Read more
FINANCIAL LITERACY MONTH, A PERFECT TIME TO PLAN FOR YOUR FUTURE By Tom Winschel Social Security District Manager in Pittsburgh, PA 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 … Read more
By Tom WinschelSocial Security District Manager in Pittsburgh, PA Now that the weather is beginning to warm, you might be planning a vacation or trip. Social Security is here for you when you’re traveling, whether it’s just a state away or when you’re overseas.Our online services page directs you to a wide variety of useful … Read more
By John Garris, Social Security Manager in Butler, PA In February, our nation honors African Americans by celebrating Black History Month. Recognizing our shared history is one way we can affirm our belief in freedom and democracy for all. For more than 80 years, Social Security has helped secure today and tomorrow with financial benefits, … Read more
If you are not self-employed, Social Security taxes are typically taken out of your paycheck automatically. You and your employer each pay a 6.2 percent Social Security tax on up to $132,900 of your earnings and a 1.45 percent Medicare tax on all earnings in 2019. You don’t have to do anything extra for the coverage … Read more
Unfortunately, tragedy can strike without any warning. The loss of the family wage earner can be devastating both emotionally and financially. Social Security helps by providing income for the families of workers who die.Some of the Social Security taxes you pay go toward survivors benefits for workers and their families. The value of the survivors … Read more
By John Garris, Social Security Manager in Butler, PA Tax season is approaching, and Social Security has made replacing your annual Benefit Statement even easier. The Benefit Statement is also known as the SSA-1099 or the SSA-1042S. Now you can get a copy of your 1099 anytime and anywhere you want using our online services. A … Read more
Planning and saving are core elements to a successful retirement. For over 80 years, Social Security has helped Americans achieve that goal. And each year, the American Savings Education Council and America Saves coordinate America Saves Week. The week is an opportunity for organizations to promote good savings behavior; it is also a great time … Read more