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Social Security, COLA
Next year's 2.5% Social Security COLA isn't so bad when you consider this
But when we look back at the data, it becomes clear that a 2.5% Social Security COLA isn't so terrible. In fact, it's a lot more generous than some of the COLAs beneficiaries have seen in the past. In 2024, Social Security benefits rose by 3.2%. The year prior, they increased by 8.7%. And in 2022, a 5.9% COLA came through.
Unhappy With Your 2.5% Social Security COLA for 2025? Here's the Smallest COLA on Record to Put It Into Perspective
In light of these numbers, it's easy to see why a 2.5% COLA for 2025 seems like a slap in the face. But you should also know that these recent COLAs were fueled by a period of ram
Here's what changes are coming to Social Security in 2025
Social Security beneficiaries will soon experience a welcome change when benefits climb due to a cost-of-living adjustment.
How a second Trump term could affect Social Security benefits
Though President-elect Donald Trump has often promised to protect Social Security, he has not explained exactly how he would save the beloved – but financially troubled – entitlement program. Nor did he take any meaningful steps to shore up Social Security during his first term in the White House.
Here's the Maximum Possible 2025 Social Security Benefit at 62, 67, and 70
Even if you're in line for the maximum possible benefit, you might be surprised at how much more you can get by waiting.
What to know about the congressional push to expand Social Security benefits
Both provisions would be repealed by the bill, thereby increasing Social Security payments for many. The budgetary effect of the legislation is considerable, adding an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office.
Social Security November 2024: Your Money Is Headed Your Way Soon
The next round of November's Social Security payments are headed out to recipients in a few short days. If you're expecting a check this coming week, we'll tell you when you'll get it.
Liz Weston: How does Social Security calculate estimates of future benefit amount?
A while back, you responded to a letter writer that Social Security’s estimates of the amount a person will receive assumes the person will continue working until they apply for benefits. I thought the amount a person receives was based on the average of the highest 30 years’ of earnings over a person’s entire career.
7 Social Security Changes Retirees Need to Know About in 2025
David Bowie might not want to be a richer man, but most of us would like to be richer, and annual Social Security-related changes can help, to a modest degree. Here are some important things to know about Social Security changes for 2025.
Social Security & You: How other benefits interact with Social Security
I have been saving up some emails from readers who want to know how other government benefits might affect their eligibility for Social Security, or vice versa. In other words,
21h
on MSN
Social Security's Silver Lining Has Been Ripped Away for a Second Consecutive Year
How is Social Security's COLA calculated? Social Security's COLA is the tool the Social Security Administration (SSA) relies ...
2d
on MSN
The Social Security Fairness Act is now in the hands of the Senate. Here's what could happen next.
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time ...
3d
What Will Happen to Social Security After Trump Takes Office?
Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their ...
1d
on MSN
The Grim Reality of President-Elect Donald Trump's Social Security Plan
During President-elect Trump's campaign, he made two proposals regarding Social Security. The grim reality is that neither ...
4d
Will the 2024 Election of Donald Trump Impact Social Security?
President Donald Trump's promises and economic policies could significantly impact Social Security's long-term sustainability ...
3d
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other ...
6h
on MSN
Dave Ramsey warns Americans on Social Security and 401(k)s
Dave Ramsey discusses the future of Social Security solvency. Ramsey also reminds current U.S. workers that there are ...
20h
on MSN
Social Security update: December direct payment worth $943 goes out in 12 days
The Supplemental Security Income payment for the month of December, worth up to $943, will go out to millions of ...
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