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Time of India
3 days ago
- Business
- Time of India
SSA june payments: When are social security payments sent out for June? See full 2025 payment schedule
Will you get Social Security payments in June? ADVERTISEMENT ADVERTISEMENT ADVERTISEMENT The Social Security Administration (SSA) announced an early disbursement of Supplemental Security Income (SSI) payments due to a scheduling adjustment in May. Since June 1 falls on a Sunday, SSI beneficiaries received their June payments on Friday, May 30. This early payment ensures that recipients have access to funds without delay, as the SSA does not issue payments on weekends or is a federal program designed to assist individuals with limited income and resources, including those who are aged 65 or older, blind, or disabled. In 2025, the maximum monthly SSI benefit is $967 for individuals and $1,450 for eligible couples. Some states may provide additional supplemental payments, which can vary based on individual important to note that while SSI recipients received two payments in May—on May 1 and May 30—there will be no SSI payment issued in June. Beneficiaries should plan accordingly to manage their finances throughout the month. For those receiving other types of Social Security benefits, such as retirement or disability, payments are scheduled based on the beneficiary's birth date:June 3: Beneficiaries who began receiving payments before May 11: Birth dates between the 1st and 18: Birth dates between the 11th and 25: Birth dates between the 21st and the SSA has reactivated the Treasury Offset Program (TOP), which allows the government to withhold a portion of Social Security benefits to repay delinquent debts, such as unpaid student loans. Affected individuals may see up to a 15% reduction in their monthly benefits, with a protected minimum payment of $750. Beneficiaries facing such reductions are encouraged to explore options like hardship exemptions, loan rehabilitation, or income-driven repayment plans to mitigate the ahead, similar early SSI payments are scheduled for:August 29 (for September)October 31 (for November)December 31 (for January 2026)Beneficiaries are advised to stay informed about payment schedules and any changes that may affect their benefits. For the most accurate and up-to-date information, visit the official SSA website at
Time of India
3 days ago
- Business
- Time of India
When are social security payments sent out for June? See full 2025 payment schedule
The Social Security Administration (SSA) announced an early disbursement of Supplemental Security Income (SSI) payments due to a scheduling adjustment in May. Since June 1 falls on a Sunday, SSI beneficiaries received their June payments on Friday, May 30. This early payment ensures that recipients have access to funds without delay, as the SSA does not issue payments on weekends or holidays. SSI is a federal program designed to assist individuals with limited income and resources, including those who are aged 65 or older, blind, or disabled. In 2025, the maximum monthly SSI benefit is $967 for individuals and $1,450 for eligible couples. Some states may provide additional supplemental payments, which can vary based on individual circumstances. ALSO READ: Monica Crowley mocked as 'Trump's clone' with orange tan and glowing white hair. Who is she? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dukung Orang Terkasih Menghadapi Limfoma: Mulai Di Sini Limfoma Klik Di Sini Will you get Social Security payments in June? It's important to note that while SSI recipients received two payments in May—on May 1 and May 30—there will be no SSI payment issued in June. Beneficiaries should plan accordingly to manage their finances throughout the month. For those receiving other types of Social Security benefits, such as retirement or disability, payments are scheduled based on the beneficiary's birth date: June 3: Beneficiaries who began receiving payments before May 1997. Live Events June 11: Birth dates between the 1st and 10th. June 18: Birth dates between the 11th and 20th. June 25: Birth dates between the 21st and 31st. Additionally, the SSA has reactivated the Treasury Offset Program (TOP), which allows the government to withhold a portion of Social Security benefits to repay delinquent debts, such as unpaid student loans. Affected individuals may see up to a 15% reduction in their monthly benefits, with a protected minimum payment of $750. Beneficiaries facing such reductions are encouraged to explore options like hardship exemptions, loan rehabilitation, or income-driven repayment plans to mitigate the impact. ALSO READ: Will you get a refund for Trump tariffs after federal court's ruling? Check details Looking ahead, similar early SSI payments are scheduled for: August 29 (for September) October 31 (for November) December 31 (for January 2026) Beneficiaries are advised to stay informed about payment schedules and any changes that may affect their benefits. For the most accurate and up-to-date information, visit the official SSA website at
India.com
4 days ago
- Business
- India.com
How Jaipur City Became a Hub For Digital Nomads And Remote Workers?
Jaipur established itself as a flourishing digital nomad center against all predictions due to its status as India's Pink City. The city has a reputation for both preserving cultural tradition and its remarkable architectural sights which combine perfectly with its colorful markets. The modern city now welcomes professionals who want a life-work blend after its transformation from a traditional settlement. The growth of a global workforce chose Jaipur as its top destination. 1. Affordable Cost of Living The cost-effective living standards of Jaipur serve as one of the main factors that draw digital nomads to the city. The living expenses in Jaipur remain much lower than those in Mumbai or Delhi city. The expenses for living in shared housing along with workspaces and dining out and commuting remain reasonably inexpensive. A one-bedroom apartment in a central area of Jaipur costs between ₹15,000 to ₹25,000 ($180 to $300) per month regardless of budget restrictions a freelancer may have. Remote workers can make their incomes last longer and maintain a pleasant life due to the affordable living costs. 2. Thriving Coworking Spaces Jaipur now offers various coworking facilities to meet the work requirements of remote workers and digital nomads. Each workspace provides fast internet connectivity together with comfortable furniture and both conference rooms and networking resources. 93 Springboard along with The Office Pass (TOP) and WeWork-inspired local startups offer popular office solutions in Jaipur. Upon arrival in the city Indian workers alongside international visitors use these facilities which provide support for their productivity needs during their exploration of the city. 3. Improved Internet Connectivity Remote work demands reliable internet connections therefore Jaipur has successfully expanded its connection capabilities. All citizens in Jaipur now receive fiber-optic broadband and 4G/5G network access which enables hassle-free video calling together with secure file transfers and cloud-processing functions. Digital nomads can work anywhere in Jaipur because various cafes and hotels along with coworking spaces provide they operate their own free Wi-Fi networks with quick connection speeds. 4. Cultural Richness and Tourist Appeal Jaipur stands out as a choice that appeals to remote workers because it provides the best elements from the past combined with today's innovative features. Tourists visiting Jaipur can find numerous UNESCO World Heritage Sites that provide multiple attractions when workers need breaks from their professional responsibilities. Those working remotely can efficiently blend their job responsibilities with sightseeing excursions by accessing other nearby popular destinations such as Udaipur and Pushkar and Ranthambore National Park. Living in Jaipur becomes a more enriching experience because of its abundant cultural heritage. 5. Supportive Government Initiatives The Rajasthan government supports both tourism promotion and entrepreneurship development which provides secondary advantages to digital nomad residents in the region. The 'Rajasthan Startup Festival' together with other similar initiatives drives innovation while drawing modern tech professionals to the geographical area. The relaxed visa regulations specifically for long-term stays as e-visas and business visas simplify temporary settlement of international remote workers in Jaipur without facing bureaucratic challenges. 6. Growing Expat Community Jaipur created an inviting international community for digital nomads through which they gladly interact socially with each other. Online forums and social media groups and networking events unite digital nomads who openly exchange ideas as well as resources and first-hand stories of living in the area. The creation of belonging fosters fast adaptation to the new environment by newcomers who simultaneously develop important relationships in both their personal and professional spheres. 7. Healthcare Facilities and Safety Any person who decides to move to a new city should prioritize both safety and healthcare provisions. Jaipur has top-notch medical service centers that contain multiple specialization centers like Fortis and Apex which maintain their medical care quality and patient cost-efficiency simultaneously. The city presents a secure environment for tourists because its criminal activities remain at a lower level than larger cities. Remote workers along with their families may find reassurance because Jaipur combines accessible healthcare facilities and high security standards. Conclusion Digital nomads and remote workers now find a suitable home in Jaipur because of intentional urban development initiatives. Jaipur provides an attractive set of conditions through its reasonably priced living expenses and effective coworking spaces combined with dependable internet access and vibrant cultural activities that benefit flexible workers and inspire them in their professional pursuits. The combination of government backing and a prosperous migrant worker population with advanced medical services positions Jaipur as an ideal destination for revolutionized working from home practitioners. Remote work trends worldwide are expected to increase Jaipur's attractiveness to prospective international workers. The Pink City now attracts business professionals through its combination of classic heritage elements and contemporary services because this approach creates the ideal workplace environment for modern success. The combination of career resources and ancient splendor in Jaipur makes this city suitable for all professionals from free agents to corporate workers to small business owners.
Yahoo
6 days ago
- Business
- Yahoo
Are You Among the Estimated 452,000 Americans Losing Part of Your Social Security Check?
The federal government has vowed to force repayment of student loans in default. Many of those who will receive smaller checks are expected to suffer financially. If you're concerned that you may be impacted, there are steps you can take. The $23,760 Social Security bonus most retirees completely overlook › As of this year, Americans 60 and older carry an estimated $125 billion in student loans. Therefore, it may come as no surprise that around 452,000 of those borrowers who are 62 and older find themselves in default. Starting in June, the Trump administration will begin aggressive collection efforts paused during the COVID-19 pandemic. Whether they took out a loan for their education or a parent loan to help a child, hundreds of thousands could soon receive smaller Social Security checks. If you're among those who've been unable to repay student loans and currently receive Social Security, there's a chance some of your benefits will be seized to repay the amount owed. Thanks to the Treasury Offset Program (TOP), the government can reduce your monthly benefits by up to 15%, although it cannot reduce your check to below $750. To add insult to injury, anyone whose check falls to $750 will find themselves $400 below the poverty threshold, a figure that has not been adjusted for inflation in 29 years. Experts say taking funds from those least able to repay them will likely lead to hardship, such as food insecurity and problems paying for utilities and medication. Student loan debt among older Americans can be traced back to a dramatic rise in the cost of higher education, a trend that has been largely unchecked and has forced more people to borrow greater sums. While a borrower might believe student loan debt can be discharged through bankruptcy, that's not automatically true. Unlike most consumer debt, student loan lenders have a long-standing sweet protection deal with the U.S. government, making it far more challenging for a debtor to get out from under. Many borrowers have already repaid the principal on their loans (sometimes more than once) but still owe money in interest and fees. Within his first 100 days in office, President Donald Trump signed an executive order calling for the dismantling of the Department of Education, a move that led to mass layoffs. However, a federal judge in Massachusetts has issued an injunction blocking the Trump administration's actions and ordering that fired employees be reinstated. According to NBC News, the administration has already vowed to fight the order. The fact that the Trump administration is fighting the order makes it difficult to gauge how long it may take to get employees back into Department of Education offices if the administration loses its appeal. In the meantime, the lack of employees makes it far more difficult for borrowers seeking answers about their loans. Some borrowers have already received notices informing them that the government plans to take money from their Social Security checks. Others will have notices sent to their last known address. However, a spokesperson from the Department of Education informed CNBC that borrowers might not get new notifications if they had previously been warned before the COVID-19 pandemic. If you currently receive Social Security benefits and have defaulted on a student loan, your first step is to contact your loan servicer. If you don't know who your loan servicer is, you can find out by logging in to view your My Aid page on the Federal Student Aid website or by calling the Federal Student Aid Information Center (FSAIC) at 1-800-433-3243. Once you reach your loan servicer, they can guide you through your potential options, such as deferment, forbearance, or creating a flexible repayment plan. According to the Department of Education, it is possible to rehabilitate a student loan. Once done, the default status is removed from your loan, and the Treasury offset of your checks will be stopped. If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Join Stock Advisor to learn more about these Motley Fool has a disclosure policy. Are You Among the Estimated 452,000 Americans Losing Part of Your Social Security Check? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Trump admin announces certain Social Security beneficiaries will face 15% cuts in June
Starting next month, Social Security beneficiaries who have fallen behind on their student loan payments face up to 15% garnishment of their payments. Earlier this month, the Trump administration announced student loan borrowers in default will be once again subject to the long-halted Treasury Offset Program (TOP). TOP is a collections process which allows the federal government to withhold money from payments such as tax refunds, federal salaries, social security and other benefits to pay off debts owed. Read More: Debt collection will soon start for defaulted student loans. Here's when. TOP was suspended at the start of the COVID-19 pandemic for delinquent student loan borrowers, and was not reactivated throughout the Biden administration for this group. According to Newsweek, TOP can offset up to 15% of Social Security benefits to pay back defaulted federal student loans, though, the benefits check cannot go lower than $750. In its May 5 announcement, the Department of Education (DOE) said about 195,000 student loan borrowers in default have started receiving official 30-day notices from the Treasury Department about the use of TOP. Read More: Billboards from Berkshires to Cape Cod highlight 'crisis' at Mass. community colleges DOE indicated the first monthly benefit checks subject to the offset are scheduled for early June, once the 30 day notice window elapses. By the end of the summer, DOE added that 'all 5.3 million defaulted borrowers will receive a notice from the Treasury that their earnings will be subject to administrative wage garnishment.' There are about 2.9 million people nationwide who are 62 or older owing federal student loans as of early 2025, CNBC reported, citing DOE data. A Consumer Financial Protection Bureau report from early January noted an estimated 452,000 borrowers in this category are likely to experience forced collections on their Social Security benefits. That report also warned that forced collections 'can push older borrowers into poverty, undermining the purpose of the Social Security program.' Read More: Trump's budget calls for $163B in cuts, hitting health care, education CNBC reported that the 15% offset is calculated from the total benefit before any deductions and that it encompasses both retirement and disability Social Security benefits. Borrowers in default who receive a TOP notice from the DOE should also receive information about how to challenge the collections if they can prove they are experiencing financial hardship or have a pending loan discharge, CNBC added in its report. Red Sox' Alex Cora preaches patience with struggling reliever Sexual assaulters in ski masks reported near Harvard Square; Cambridge police up patrols Key takeaways from week 4 of the Karen Read retrial Can Karen Read's defense call key witnesses prosecutors may not? Yes, but there's a catch Billionaire speaker gives Mass. graduates unexpected gift at ceremony Read the original article on MassLive.
