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Social Security's hidden Special Minimum Benefit boosts retirement pay for low-wage workers with long careers.

Market News
31 May 2026
247 Wallst
View Source
Neutral
pluang ai news

The Special Minimum Benefit, created in 1972, helps low-wage workers with long careers get higher Social Security payments based on years of coverage rather than lifetime earnings. For 2026, it pays up to about $1,124 monthly for 30 qualifying years, which can add roughly $144 more per month compared to the standard formula for some retirees. However, this benefit is becoming rare because it is not wage-indexed and is less favorable for workers turning 62 after 2023. Those eligible before 2024 should check their records and ensure they receive the higher benefit, as it can significantly impact retirement income for workers without other savings or pensions.

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Veea launches VeeaONE platform for AI-powered, cybersecure edge computing across diverse hardware.

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Virtuals Protocol launches customizable tokenized indexes on Robinhood Chain for asset bundling and fee earning

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US spot Bitcoin ETFs gain $108M; Ether ETFs add $54M amid strong institutional interest

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Market News
Bullish
4 hours ago
Kaia partners with Xilo Labs to enable stablecoin investing in tokenized real-world assets.

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Protocol Fundamentals
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Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...

Technical Signals
Neutral
4 hours ago
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