January's Social Security payments are worth up to $4,873 for the highest-income earners who retire at age 70.

The Social Security Fairness Act is now law, and a year of backdated payments await nearly 3 million Americans.

SSDI recipients will soon see an increase to their benefits checks when the 2025 COLA goes into effect this January.

The Social Security Administration distributes nearly 73 million payments every month to people enrolled in its programs.

President Joe Biden stated the measure will raise Social Security benefits by an average of $360 monthly for 2.8 million recipients.

Without any changes to the program, the fund is set to run out of money for full payments by as early as 2035.

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