Retirement Lifestyle TV
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SOCIAL SECURITY DIRECT DEPOSITS, CHECKS, AND COLA INCREASES: JANUARY 2025 PAYMENT SCHEDULE IS HERE!
The first 2025 Social Security payments will begin arriving shortly. Your date of birth will determine when you receive your payment, with a few exceptions. However, if you received Social Security before May 1997 or are receiving both Social Security & SSI, Social Security is paid on the 3rd and SSI on the 1st. If your payment date falls on a federal holiday or weekend, you can expect to receive that month’s payment on the weekday immediately prior. #ssa #socialsecurity #babyboomer #genx #ssi #ssdi
Schedule of Social Security benefit payments in 2025
Included in this video are the confirmed payment dates for retirees based on the Social Security payment schedule for January 2025.
มุมมอง: 6 633

วีดีโอ

PRESIDENT SIGNS: 2025 SOCIAL SECURITY FAIRNESS ACT BECOMES LAW AND MONTHLY INCREASES FOR MILLIONS
มุมมอง 4.4Kวันที่ผ่านมา
President Biden signs into law legislation the Social Security Fairness Act extending full Social Security benefits to nearly 3 million U.S. retirees, according to advocates for the measure. Decades in the making, the Social Security Fairness Act would eliminate two federal policies that prevent former police officers, firefighters, postal workers, teachers and others with a public pension from...
New Social Security Bill: Pocket Veto for Millions? Expected Outcome! #teacher #police #retirement
มุมมอง 2.8K14 วันที่ผ่านมา
Social Security benefits boosted for millions in bill headed to Biden’s desk. The U.S. Senate approved a broadly bipartisan bill early Saturday that would increase Social Security benefits for millions of Americans with pensions by ending two of the program’s policies in place for decades - the windfall elimination provision and government pension offset. The legislation, which would cost more ...
Why Your Monthly Social Security Check of $1,226 May Increase Up To 50% in 2025.
มุมมอง 7K21 วันที่ผ่านมา
Social Security benefits boosted for millions in bill headed to Biden’s desk. The U.S. Senate approved a broadly bipartisan bill early Saturday that would increase Social Security benefits for millions of Americans with pensions by ending two of the program’s policies in place for decades - the windfall elimination provision and government pension offset. The legislation, which would cost more ...
1 Bitcoin Compared to 401(k) Targeted Savings Goal by Age
มุมมอง 1868 หลายเดือนก่อน
1 Bitcoin Compared to 401(k) Targeted Savings Goal by Age
How Much Money Would A 60 Year Old With $70,000 Annual Income Need For Retirement?
มุมมอง 12610 หลายเดือนก่อน
How Much Money Would A 60 Year Old With $70,000 Annual Income Need For Retirement?
Coinbase Crashes and Wall Street Rushing to Buy Bitcoin
มุมมอง 2410 หลายเดือนก่อน
Coinbase Crashes and Wall Street Rushing to Buy Bitcoin
Million Dollar Bitcoin Price: Game Over BlackRock Finally Respond
มุมมอง 24ปีที่แล้ว
Million Dollar Bitcoin Price: Game Over BlackRock Finally Respond
The 3 BlackRock Bitcoin ETF Moves Hidden In Plain Sight
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The 3 BlackRock Bitcoin ETF Moves Hidden In Plain Sight
What They're NOT Telling You About BlackRock Bitcoin ETF and Michael Saylor
มุมมอง 603ปีที่แล้ว
What They're NOT Telling You About BlackRock Bitcoin ETF and Michael Saylor
How to Become a Millionaire in America: Investing 101
มุมมอง 103ปีที่แล้ว
How to Become a Millionaire in America: Investing 101
How to Keep Creditors Away: Debt Management 101
มุมมอง 27ปีที่แล้ว
How to Keep Creditors Away: Debt Management 101
How To Avoid Being Poor : Budgeting 101
มุมมอง 200ปีที่แล้ว
How To Avoid Being Poor : Budgeting 101
FLASHY FREDDY's MILLION DOLLER REGRET!
มุมมอง 100ปีที่แล้ว
FLASHY FREDDY's MILLION DOLLER REGRET!
How to Live Rich: Goal Setting 101
มุมมอง 147ปีที่แล้ว
How to Live Rich: Goal Setting 101
How to Build Wealth : Savings 101
มุมมอง 126ปีที่แล้ว
How to Build Wealth : Savings 101
5 MIDDLE CLASS HABITS KEEPING YOU FINANCIALLY STUCK!
มุมมอง 46ปีที่แล้ว
5 MIDDLE CLASS HABITS KEEPING YOU FINANCIALLY STUCK!
HOW TO UNLOCK THE SECRETS OF INFLATION
มุมมอง 44ปีที่แล้ว
HOW TO UNLOCK THE SECRETS OF INFLATION
4 HABITS RICH PEOPLE DO!
มุมมอง 97ปีที่แล้ว
4 HABITS RICH PEOPLE DO!
Top 4 Retirement Decisions for a 60 Year Old with a $500,000 401(k) Nest Egg!
มุมมอง 374ปีที่แล้ว
Top 4 Retirement Decisions for a 60 Year Old with a $500,000 401(k) Nest Egg!
THE 5 THINGS THEY DON'T TELL YOU ABOUT YOUR EMPLOYER'S 401K PLANS
มุมมอง 92ปีที่แล้ว
THE 5 THINGS THEY DON'T TELL YOU ABOUT YOUR EMPLOYER'S 401K PLANS

ความคิดเห็น

  • @JohnMorgan-i5y
    @JohnMorgan-i5y 3 ชั่วโมงที่ผ่านมา

    They still steal social security checks in the mailbox to this day!

  • @stephenfitzgerald9804
    @stephenfitzgerald9804 วันที่ผ่านมา

    Do you know how many times I hear about these days about the stimulus check the temperature of the seniors won't get I don't believe that for nothing this time it's supposed to be in November December January and still no checks lying to us again

  • @MaryVail-d4f
    @MaryVail-d4f วันที่ผ่านมา

    $28.00 was my cola a pack of hamburger lol that's was an insult

  • @gloriabailey6170
    @gloriabailey6170 วันที่ผ่านมา

    lol must get the money first before I can plan ahead for emergencies or play time

  • @gloriabailey6170
    @gloriabailey6170 วันที่ผ่านมา

    Banks will be closed. And many delays even I money transfers

  • @gloriabailey6170
    @gloriabailey6170 วันที่ผ่านมา

    Oh my you forgot Martin kings day so banks will be closed. For thst holiday. In January It’s a bank holiday no action will be done on our checks or deposits will be delayed. Please check this

  • @gloriabailey6170
    @gloriabailey6170 วันที่ผ่านมา

    Oh my you forgot Martin kings day so banks will be closed. For thst holiday. In January It’s a bank holiday no action will be done on our checks or deposits will be delayed. Please check this

    • @RetirementAdvisor
      @RetirementAdvisor 7 ชั่วโมงที่ผ่านมา

      Hi Gloria. I didn’t forget it. Is it Monday and not on any of the payments dates. You should be just fine.😊

  • @lovelove-er9lq
    @lovelove-er9lq 3 วันที่ผ่านมา

    Colas an Inflation is 2 different things.Colas is very very very low Inflation is very very very High.We need help in getting more money to live off of.

  • @lovelove-er9lq
    @lovelove-er9lq 3 วันที่ผ่านมา

    Colas is not keeping up with the Price of inflation.

  • @lovelove-er9lq
    @lovelove-er9lq 3 วันที่ผ่านมา

    How do people still getting paper checks .Paper checks was phase out years ago.What we need to know is when Social Security is going to implement the Social Security Fairness Act.

    • @RetirementAdvisor
      @RetirementAdvisor 7 ชั่วโมงที่ผ่านมา

      The Social Security Fairness Act implementation details can’t come fast enough.

  • @JoseDiaz-q4h4f
    @JoseDiaz-q4h4f 3 วันที่ผ่านมา

    Thank you for the update and info on calendar 🗓️ dates real helpful 👍

    • @RetirementAdvisor
      @RetirementAdvisor 3 วันที่ผ่านมา

      Thanks for dropping a note Jose! I plan to provide the Payment Schedule for February 2025 soon as well.

  • @123itsMrJD
    @123itsMrJD 6 วันที่ผ่านมา

    Great stuff and thank you! My question is this...I receive approx $1950 monthly for my SS which is about the average for the country. How much of an increase monthly can I expect to see?

  • @Franky-j6e
    @Franky-j6e 9 วันที่ผ่านมา

    I’ve been holding on to several old 401(k)s from previous jobs, and I recently realized the fees are eating away at my savings. I feel stuck because I’m unsure of what to do with them.

    • @MONROEJACQ
      @MONROEJACQ 9 วันที่ผ่านมา

      You’re not alone! I had the same issue last year. Those fees can be sneaky, especially if you’re not actively managing the accounts. Rolling them over into a self-directed IRA helped me take control of my investments and cut down on unnecessary fees. Have you considered that?

    • @Will54rol
      @Will54rol 9 วันที่ผ่านมา

      That’s a valid concern. I was in the same boat until I consulted a professional. My advisor, Joseph Nick Cahill, walked me through the process step-by-step. He has years of experience helping people avoid those pitfalls while improving their portfolios. He even offers free consultations, so you can get advice without any upfront cost.

    • @CaptReed
      @CaptReed 9 วันที่ผ่านมา

      I vowed to never again put all my eggs in one basket. I've since diversified my investments and hired a financial advisor to manage my excess funds. Now, as a semi-retired sailor, I spend only 9 hours a week maintaining my yacht, and I'm thrilled to be just 5% shy of my $3.4 million retirement goal, thanks to savvy investments made since rebuilding my finances

    • @SergioRomano-nj8eb
      @SergioRomano-nj8eb 9 วันที่ผ่านมา

      Thanks for sharing your experience! I've been managing my portfolio myself, but it's not working out. Do you have any recommendations for a good investment advisor? I could really use some help

    • @CaptReed
      @CaptReed 9 วันที่ผ่านมา

      My CFA, Joseph Nick Cahill, is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.

  • @johngarcia7813
    @johngarcia7813 10 วันที่ผ่านมา

    Sir, wonderful job explaining especially GPO offset.

  • @rodicaionescu3024
    @rodicaionescu3024 11 วันที่ผ่านมา

    😳😳😳😳🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️💩

  • @equatelong9758
    @equatelong9758 11 วันที่ผ่านมา

    Will ssi get a raise

  • @melvinvenzen1745
    @melvinvenzen1745 11 วันที่ผ่านมา

    Do you know if the US Territories and Commonwealth are included in this act

    • @RetirementAdvisor
      @RetirementAdvisor 11 วันที่ผ่านมา

      Thanks for your message! Yes, based on the SSA Operation Manual the term “State” includes US Territories and Commonwealth. Here is the link: secure.ssa.gov/poms.nsf/lnx/0202608100

    • @melvinvenzen1745
      @melvinvenzen1745 11 วันที่ผ่านมา

      @ thank you for your quick response. Worked as a police officer for 28 years so I was curious. Thanks again

    • @RetirementAdvisor
      @RetirementAdvisor 11 วันที่ผ่านมา

      ⁠@@melvinvenzen1745Congrats on your well earned retirement and service to your community!

  • @carolynarzino9995
    @carolynarzino9995 12 วันที่ผ่านมา

    What about USDA csrs offset employees

  • @LadyMaryAArt
    @LadyMaryAArt 13 วันที่ผ่านมา

    Why can’t I get my deceased husbands full railroad retirement? They cut it.

  • @WellingtonAaliyah
    @WellingtonAaliyah 15 วันที่ผ่านมา

    Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

  • @CptTyred
    @CptTyred 16 วันที่ผ่านมา

    While WEP and GPO aren’t perfect, if you take the time to fully understand their purpose, then a pocket veto would be justified to anyone who does the research.

  • @edwardbowers5509
    @edwardbowers5509 16 วันที่ผ่านมา

    There are way to many videos on TH-cam talking about Social security which has become quite confusing talking about who is eligible or who qualifies for stimulus checks. The American public has paid into this and has worked hard to get back what we put into it. Don't stir up a bunch of crap and wish the hell you hadn't. All you need is one spokes person who really understands what is going with Social security not 30 or 40.

    • @RetirementAdvisor
      @RetirementAdvisor 16 วันที่ผ่านมา

      @@edwardbowers5509 Thanks for your comment. All American workers should have a voice. We earned that right….young and old.

  • @mrmikecebu
    @mrmikecebu 16 วันที่ผ่านมา

    You need to research bud. The president got it on 27th. Jan 8 it becomes law as congress will be in session. There is no pocket veto. He can veto but he has stated in public he will sign it and also agreed with Schumer to sign or Schumer would not have brought it to the floor vote. Finally the national federation of police officers or national FOP says Biden will sign in a ceremony on January six. Source? Bidens staff. If he has unforeseen circumstances he can cancel the signing ceremony and simply sign it between Jan. 3 and Jan 6. There is another source but I forgot that one.

    • @RetirementAdvisor
      @RetirementAdvisor 16 วันที่ผ่านมา

      Thanks for the comment. Looks like we are on the same page. Watch the video this time around:). Happy holidays to you 🎉

  • @pauls6677
    @pauls6677 17 วันที่ผ่านมา

    Good video. Schumer would have never presented if Biden was going to veto. I could see this happening on January 6 like others have mentioned. As Trump election is confirmed Biden can say he did something.

    • @RetirementAdvisor
      @RetirementAdvisor 16 วันที่ผ่านมา

      Thanks for the comment and happy holidays 🎉.

  • @pagalkhana..
    @pagalkhana.. 17 วันที่ผ่านมา

    Bro, I’ve been watching your videos and feel they can go more viral. I can help improve your thumbnails to boost CTR.

  • @sydneyrobinson5107
    @sydneyrobinson5107 17 วันที่ผ่านมา

    THIS IS ONE OF THE MANY REASONS WHY I HATE GENOCIDE AND APARTHEID LOVING JOE.IF IT HAD BEEN MONEY FOR BIBI THE BUTCHER AND DEVIL'S COUNTRY ISREAL. IT WOULD HAVE BEEN SIGNED ALREADY.WHEN BIBI SAYS JUMP THIS FLUNKY LEVITATES AND DOESN'T COME DOWN UNTIL HE'S TOLD.

  • @Jon-df2bt
    @Jon-df2bt 18 วันที่ผ่านมา

    They also said that if Biden doesn't sign it and return it but doesn't veto it. That it will become law. If he does nothing it will become law.

    • @RetirementAdvisor
      @RetirementAdvisor 16 วันที่ผ่านมา

      Thanks for the comment and happy holidays 🎉.

  • @kc8tby
    @kc8tby 18 วันที่ผ่านมา

    The President has ten days, excluding Sundays, to sign a bill once it has been "presented" to him. Given this information the President has up until midnight on January 8 to sign the bill into law. There is some indication that there is a "ceremonial Signing" for this particular bill at The White House on January 6.

    • @RetirementAdvisor
      @RetirementAdvisor 18 วันที่ผ่านมา

      Thanks for this update. It is significant enough to have a ceremonial signing. Happy holidays!

  • @JuanSanchez-pq7xn
    @JuanSanchez-pq7xn 18 วันที่ผ่านมา

    Thank you for your positivity, have a great day also.

    • @RetirementAdvisor
      @RetirementAdvisor 18 วันที่ผ่านมา

      Happy holidays and thank you very much!

  • @chrystalthornton1502
    @chrystalthornton1502 18 วันที่ผ่านมา

    I follow union info and they say White House says Biden will sign and a signing ceremony is scheduled for Jan 6. He's out of the country on vacation till after Jan 1, but he is in favor of the Fairness Act and we should be fine. Will be interesting to see if the Congressmen who were against it will come up with solutions to SS insolvency in 2025 or whether they just wanted to kill that bill at the time.

    • @RetirementAdvisor
      @RetirementAdvisor 18 วันที่ผ่านมา

      Great! This is good info. There will definitely be some problem solving to do on the insolvency front..in the years to come. Happy Holidays!

  • @MrJerry8159
    @MrJerry8159 19 วันที่ผ่านมา

    You got that right, he has up to Jan 8th. I am much more confident now. Of course I am affected.

  • @richarda.lehrmannsr.7971
    @richarda.lehrmannsr.7971 20 วันที่ผ่านมา

    Why is Joe not signing this legislation yet? For 22 years now the government has been screwing me of my money I earned during part-time work to make a decent living 😊

  • @CptTyred
    @CptTyred 21 วันที่ผ่านมา

    President Biden will either veto this bill or simply not sign it. It’s flawed and will hurt the social security trust fund.

  • @robannmateja5000
    @robannmateja5000 21 วันที่ผ่านมา

    It's only for government workers (federal , state, local). Doesn't help the rest of us. So many of these videos out there that get people's hopes up and it's really only for some people. Click bait for everyone else. Maybe put that it in title next time.

  • @lisaharris2518
    @lisaharris2518 21 วันที่ผ่านมา

    I am so grateful for this fairness act being passed. I worked and paid into social security for thirty three years. Then I worked fifteen years for an independent school district and did not pay into social security. Even though my pension is very small because I only worked fifteen years for them, i lost fifty percent of my social security, which would have been very small too. Now, after medicare, I received nothing from social security. And in fact, I end up owing them and I have to send them a check quarterly. So now I am working again and paying into social security again, because that is the only way I can make it. Of course, I can't teach anymore because I don't have that stamina and my health is bad. So I work in an office doing payroll. I'm not asking them to reimburse me for what I paid in all those years. But it sure would be nice if I could get one hundred percent of my benefit and not have to work anymore.

  • @menthaburns9926
    @menthaburns9926 21 วันที่ผ่านมา

    Thank You! I'm a retired teacher.

  • @ambre529
    @ambre529 21 วันที่ผ่านมา

    Thank you for this information! Great video and very timely information..

  • @greenlight6913
    @greenlight6913 21 วันที่ผ่านมา

    Biden has not signed it and most likely it will be a pocket veto.

  • @tyronelagrant1169
    @tyronelagrant1169 21 วันที่ผ่านมา

    This is bs

  •  21 วันที่ผ่านมา

    Sorry, WEP and GPO do not reduce Social Security. WEP uses a modified formula and GPO is an offset. Neither one is a penalty.

    • @RetirementAdvisor
      @RetirementAdvisor 21 วันที่ผ่านมา

      I’m certain that the impacted retiree(s) of the WEP and/or GPO policy refers to this as a reduction. Also, the SSA chart for substantial earnings per year reflects the max “reductions” per number of years contributed to SSA. Thanks for dropping a comment and happy holidays.😊

  • @truelies3690
    @truelies3690 21 วันที่ผ่านมา

    Only for 3 million SS retiree's benefits recipients. The other 70 million get nothing. I was alive when WEP GPO was enacted. A total rip off by that corrupt administration. Now these corrupt crooks criminals traitors politicians need to enhance boost SS retiree's benefits recipients that make the poverty benefits of $500 to $1500 to $2000!! And they're still in poverty, but they will eat, and nothing else. Pretend to be illegal and you will get all the free stuff. 😂

  • @proctorleo
    @proctorleo 22 วันที่ผ่านมา

    BS

  • @pamelawalker9056
    @pamelawalker9056 22 วันที่ผ่านมา

    The maximum WEP deduction for 20 years and less is $587 not $490 www-origin.ssa.gov/benefits/retirement/planner/wep.html

    • @RetirementAdvisor
      @RetirementAdvisor 22 วันที่ผ่านมา

      I visited the SSA site you provided and the max referenced there $587.00 is based on the following. “Your full retirement age is 67. If your full retirement benefit is $1,396, your ELY benefit after the WEP reduction would be $809 ($1,396 - $587)”. This is also correct based on the individual SSA benefits amount which is higher than the example of $1,226 that I used in this video. Happy Holidays and thanks for tuning into the channel 🙏🏿. I really appreciate it.

  • @jamescolllins5354
    @jamescolllins5354 2 หลายเดือนก่อน

    If the tax rate is the same rate when you set up the IRA as it is when you withdraw the IRA funds, then there is absolutely no difference between a Roth IRA and a traditional IRA. A Roth IRA only yields more money when your tax rate is higher when you are retired and not working. And that's not usually the case for most people. Most people have a higher tax rate when they are actively working and bringing in a big salary. So what you should do is when you're a young man or woman who is just starting their job and in a low tax bracket, you should contribute to Roth IRAs. But once your salary climbs You higher into higher tax brackets. Then you should contribute to traditional IRAs.

    • @RetirementAdvisor
      @RetirementAdvisor 2 หลายเดือนก่อน

      @@jamescolllins5354 I agree, that is certainly a great strategy for younger workers considering Traditional Vs Roth IRA. Also, near retirees should consider contributing to Roth IRA as well to diversify their withdrawal options in retirement.

    • @HaiRune
      @HaiRune หลายเดือนก่อน

      @@RetirementAdvisorWait so I’m really confused about my situation then. I’m only 24 but my new job has me at 93k a year. I expect to make more in the future cause I’m in the engineering field so should I just go ahead with a traditional ira over a Roth?

    • @RetirementAdvisor
      @RetirementAdvisor หลายเดือนก่อน

      @ As an early career employee starting off with a 401k Roth has many advantages. Your contributions will be made with “after tax dollars” and growth will NOT be taxed at the time of withdrawal - 59 1/2. During one’s mid - career when raising a family and buying a home, diversifying to traditional 401k will help with tax deductions for higher salary earners.

    • @RetirementAdvisor
      @RetirementAdvisor หลายเดือนก่อน

      @@HaiRune @ As an early career employee starting off with a 401k Roth has many advantages. Your contributions will be made with “after tax dollars” and growth will NOT be taxed at the time of withdrawal - 59 1/2. During one’s mid - career when raising a family and buying a home, diversifying to traditional 401k will help with tax deductions for higher salary earners.

  • @dlmcc1987
    @dlmcc1987 3 หลายเดือนก่อน

    Garbage

  • @bekind4887
    @bekind4887 3 หลายเดือนก่อน

    Why so low? We need at least a 25 percent increase

  • @BigPoppa-t3z
    @BigPoppa-t3z 3 หลายเดือนก่อน

    You can get more than your showing

  • @RetirementAdvisor
    @RetirementAdvisor 4 หลายเดือนก่อน

    The video is about life annuities, which are sought out products for retirees who desire permanent income in retirement until they die. Stop and Start payments or lump sum payments doesn’t help with essential expenses in retirement. Thanks for the listen and comment though!

  • @deem1739
    @deem1739 4 หลายเดือนก่อน

    Your info is not correct. Not all annuities are like that. You’re speaking anybody the old fixed annuities while the new index annuities give all kinds of options to start and stop payments or take a lump sum. Do your research bro!

  • @NeverFollowTheCrowd
    @NeverFollowTheCrowd 4 หลายเดือนก่อน

    I had a friend that worked in the warehouse for 5 years and never got promoted to be a driver.

    • @melvinbritton5822
      @melvinbritton5822 2 หลายเดือนก่อน

      …did they have a CDL?

    • @NeverFollowTheCrowd
      @NeverFollowTheCrowd 2 หลายเดือนก่อน

      @@melvinbritton5822 probably not but how he explained it to me was hafter a certain amount of years you automatically get promoted.