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 larger 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 full retirement age (FRA), the age at which retirees can claim their Social Security benefits, has been gradually ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions ...
SSDI recipients will soon see an increase to their benefits checks when the 2025 COLA goes into effect this January.
The Social Security cost-of-living adjustment, or COLA, for 2025 is a 2.5% increase. That means the monthly benefits checks ...
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses ...