COLAs are intended to maintain the purchasing power of Social Security benefits amidst inflation. The COLA is calculated ...
Nearly 3 million Americans are poised to see bigger Social Security benefit checks. For some, that could trigger bigger tax bills and Medicare premium payments.
Beginning in January 2025, retirees will see a 2.5% increase in their benefits. For the average retired worker, this means an ...
Many retirees look forward to Social Security's annual cost-of-living adjustment (COLA), which for 2025 is 2.5%. The COLA ...
It has been my custom for most of the past 27 years to write a year-end column that summarizes the Social Security updates ...
The updates include a higher cost-of-living adjustment, revisions to the earnings test thresholds, and increases in maximum benefits.
As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social ...
The new year brings with it an increase on the amount of earnings that are subject to Social Security taxes. Here’s the new ...
The full retirement age (FRA), the age at which retirees can claim their Social Security benefits, has been gradually ...
Important Social Security dates for 2025 include the increase in cost of living, scheduling in-person visits, and age ...
Although the final Social Security payments of the year have already been disbursed by the Social Security Administration, ...
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