Is Social Security shutting down?
All offices are open at this time. All offices are open at this time. The following Social Security office(s) are closed today, Monday, May 16, 2022: DeRidder.
Will there be a change in Social Security in 2022?
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 5.9 percent in 2022. Read more about the Social Security Cost-of-Living adjustment for 2022. The maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $147,000.
What are the latest changes to Social Security?
The biggest change beneficiaries will see in Social Security in 2022 is a 5.9 percent cost-of-living adjustment (COLA) to monthly retirement checks and Supplemental Security Income (SSI) checks. The increase is the largest COLA since 1982.
What happens to my Social Security if the government shuts down?
During a government shutdown, recipients will continue to receive their Social Security and SSI checks. However, a shutdown suspends the issuance of Social Security cards.
Will the government shutdown affect Social Security payments?
Typically, Social Security checks are not affected by a shutdown. Social Security payments do not require funding from Congress.
Where can I find the Social Security statement fact sheets?
We include links in the fact sheets for easier reference and additional information. Our Social Security Statement web page at www.ssa.gov/myaccount/statement has samples of the Statement, as well as copies of the new fact sheets (in English and Spanish). Please share these resources with your clients, friends, and family.
What is Social Security and how does it work?
Signed into law in 1935, the U.S. Social Security program was designed at one time to be a key provider of income for Americans who reached retirement age.
What is the history of Social Security?
Signed into law in 1935, the U.S. Social Security program was designed at one time to be a key provider of income for…READ MORE. Signed into law in 1935, the U.S. Social Security program was designed at one time to be a key provider of income for Americans who reached retirement age.
What is a social security statement?
Who gets a Statement? A Statement is available to any adult worker who does not receive benefits. The Statement gives estimates of future Social Security benefits that your client and family may receive each month, along with a basic overview of the Social Security program.