Ex-CNBC analyst McDonald sentenced to 5 years for defrauding investors of millions via Hercules Investments. Misused funds on personal expenses and Ponzi-like schemes. SEC accuses him of significant losses.
The Social Security benefit, which will reach a maximum of $5,180 in February 2025 thanks to the COLA increase, will also be sent out after Valentine’s Day this year.
This calendar adjustment does not alter the total annual amount SSI recipients receive, but represents an opportunity to better manage income during the holidays and beginning-of-year expenses.
