The Social Security Administration (SSA) is a cornerstone for over 64 million retirees in the United States, ensuring their financial security. A new Senate proposal to raise the eligibility age has sparked widespread debate.

In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.

The best way to see how much your Social Security benefit would be at age 69 is to log in to your account at www.ssa.gov (or create one if you haven't yet) and view your latest Social Security statement. Here you'll find an estimate for various ages based on your actual work record.

Wall St. You can claim Social Security starting at age 62, but an early filing will reduce your monthly benefits. If you collect Social Security and work before reaching full retirement age, you’ll be subject to an earnings-test limit.

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for their marital status.

You can continue to work as long as you want, and you can still collect Social Security benefits. However, you should be aware that continuing to work after claiming Social Security benefits

The first round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out to the first group of retirees today. Here is all you need to know about this month’s Social Security payments,