Social Security Uncertainty and Policy Changes Are Driving More People to File
- In March 2025, applications for retirement benefits increased by 16% compared to the previous year, marking an unusual rise during a period that normally experiences fewer claims.
- This increase followed the January 2025 Social Security Fairness Act, which raised benefits for nearly 3 million people, prompting unexpected higher filings.
- April Reed, co-CEO of Reed Financial Group, said frequent questions involve Social Security's longevity and potential benefit cuts amid growing public uncertainty.
- Reed explained that determining the optimal timing to apply for Social Security benefits varies by individual and cannot be generalized with a single rule.
- This surge and uncertainty suggest many individuals are accelerating claims, while projected funding shortfalls by 2035 raise concerns about future benefits.
12 Articles
12 Articles
Still Working at 70—Should I Start My Social Security Benefits Now?
At age 70, still clocking in at work — whether full-time or part-time — raises a critical question: should you claim Social Security? The decision is deeply personal, tied to your financial situation, health, and retirement vision. Fortunately, you’re not obligated to file for Social Security, even at this age, and continuing to work won’t jeopardize your benefits. However, understanding the rules and strategic timing of claiming can profoundl…
Social Security uncertainty and policy changes are driving more people to file
When you think of seasons, you likely think about leaves changing color or summer vacations. You probably don't think about applying for Social Security retirement benefits, but new applications for benefits have seasons, too, and this past season saw a significant increase in Americans filing for them. In March, the Social Security Administration saw a surge in claims, 16% higher than in 2024, and the uptick came during a time of year when appl…
May Social Security Surprise: Why Some People Get TWO Payments This Month!
If you’re counting on Social Security or SSI to help pay the bills, you’re probably wondering, “When will my check show up this month?” May can be a little confusing because the payment schedule isn’t the same for everyone — but don’t worry, I’ll break it down for you. When Should You Expect Your Social Security Payment? Usually, Social Security payments come on different days depending on your birthday: Born between the 1st and 10th? Your paym…
Millions of Americans to see changes to their Social Security benefits
(CBS, KYMA/KECY) - Millions of Americans are set to see major changes to their Social Security benefits. The changes impact about 2.8 million retired teachers, firefighters, police officers and some federal workers who receive a public pension that didn't withhold social security tax. CBS News Business Analyst Jill Schlesinger appeared on CBS Mornings to break it down. "It's not every single one of them but these folks could see increases of wh…
New head of Social Security, hired from Wall Street, tells staff he had to Google the job when he was offered it - Everett Post
(WASHINGTON) — The newly sworn-in head of the Social Security Administration told agency staff this week that when he was first offered the job in the Trump administration, he wasn’t familiar with the position and had to look it up online. Frank Bisignano, a former Wall Street executive, said during a town hall with Social Security managers from around the country on Wednesday that he wasn’t seeking a position in the Trump administration when he…
Column: Social Security Will Require In-person Identity Proofing in Certain Situations
By: Annie Walters Social Security Public Affairs Specialist in NV You don’t need to contact Social Security if you don’t receive benefits. If you are not applying for benefits or changing direct deposit information for current benefits, there is no need to contact Social Security to prove identity. People will continue to receive their benefits on […]
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