Here's Why Social Security's 2.5% Cost-of-Living Adjustment (COLA) for 2025 Just Became Even More of a Problem
Last month, annual inflation rose by 2.6%, which means that it's already outpacing the 2.5% COLA seniors are in line for in 2025. If that trend continues, Social Security recipients could end up losing out on tons of buying power.
All Social Security retirees should do this by Nov. 20
Now, with the year winding down, all Social Security retirees should mark Nov. 20 as another date to remember. Here's why.
Social Security 2025: Here's Are the Good (and Bad) Changes Retirees Can Expect
If you're retired or will be retiring soon, Social Security will likely play a role in your financial future. More than 40% of baby boomers say their benefits will be their primary source of income in retirement,
Gear Up for These 3 Surprising Social Security Changes in 2025
Social Security's rules are shifting in 2025 -- for better and worse. Seniors might benefit from a boost to their monthly benefits and a higher earnings-test limit. Some workers may be unhappy to learn that their Social Security tax burden is about to soar.
Next year's 2.5% Social Security COLA isn't so bad when you consider this
If you're among the millions of older Americans who rely heavily on Social Security to make ends meet in retirement, then you may be reeling over the fact that your benefits are only going to rise by 2.
Social Security Approaches Its Day of Reckoning
Social Security is very popular with Americans. Large majorities of Democrats and Republican like the program and want it to continue with no cuts in benefits, no increase in costs to taxpayers, and no real reforms of any kind.
Here's what changes are coming to Social Security in 2025
Social Security beneficiaries will soon experience a welcome change, with benefits slated to climb due to a cost-of-living adjustment. Recipients will see a 2.5% cost-of-living adjustment in 2025, which is notably less than the 3.
Have you received a Social Security overpayment notice? This expert explains how you can settle your balance
In an interview with The U.S. Sun, Social Security Advisors CEO Matthew Allen said it’s possible for retirees to get the ...
Social Security's Silver Lining Has Been Ripped Away for a Second Consecutive Year
While Social Security's 2025 COLA announcement offers superficial promise, the lack of a treasured silver lining will quickly ...
Trump's plan for Social Security would help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-income retirees and younger ...
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Social Security tackles overpayment ‘injustices,’ but problems remain
With his term soon to expire, Social Security chief Martin O’Malley’s efforts to address the agency’s overpayments to ...
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Social Security November 2024: Here's When to Expect Your Check
If you're still waiting on your check from October, check out what you should do if your Social Security payment is ...
Social Security Checks of up to $4,873 To Be Paid Out This Week
The Social Security Administration (SSA) administers retirement, survivor and disability benefits to tens of millions of Americans every month. These benefits include retirement, disability, and ...
Medicare Part B Premium Hike Outpaces 2025 Social Security COLA, Tightening Seniors' Monthly Budgets
Medicare Part B Premiums will increase by 5.9% to $185 monthly, which will be deducted from Social Security checks starting ...
Social security recipients will see an increase in 2025 — and an extra check in November
While millions of retired Americans will soon see a 2.5% cost of living increase in their Social Security payments, additional Social Security checks might be in the mail for November, thanks ...
Ozark business owner sentenced to prison for stealing father's Social Security benefits
Michael Sylvara, co-owner of Volleyball Beach Ozark, was found guilty of using his father's Social Security check to pay his ...
Not to alarm you, but your Social Security number is already leaked
The basic information of most adults in the United States, and in many other parts of the world, is already widely available,’ one identifty theft expert told Justin Rohrlich ...
Social Security Update: Republicans Reverse Course on Expansion Bill
If passed, it would mean those impacted by the windfall elimination provision (WEP) and government pension offset (GPO) could ...