Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.

For more, here's our essential Social Security cheat sheet, and don't miss the Social Security payment schedule and how to apply for Social Security Disability Insurance. What is

Social Security payments receive annual cost-of-living adjustments (COLAs) to protect the purchasing power of benefits from inflation. Americans have ranked inflation as their most pressing financial concern for three consecutive years,

Broadly speaking, the older you are, the less exposure to the stock market you're supposed to take on. When you need safety and certainty, more reliable investments like interest-bearing bonds and even higher-yielding cash balances are prioritized. And understandably so.

A 2.5% cost-of-living adjustment increase will mean an extra $50 a month for most Social Security and SSI recipients.

The Social Security Administration has announced several changes set to go into effect next year to address inflation and the financial stability for more than 70 million recipients. The changes are set to affect those who retire, those who receive disability payments and Veterans Affairs benefits, and others who rely on Social Security benefits.

Those born between the 1st and 10th of any date will be paid on the first wednesday of the month. The SSA pays those with birthdays between the 11th and 20th second wednesday, and all the remaining beneficiaries on the third wednesday of the month.

The Social Security Administration (SSA) has officially announced a cost-of-living adjustment (COLA) that will provide extra money for retirees starting January 1, 2025. This adjustment will result in a 2.