Here's Exactly How the 2025 Social Security COLA Affected Retirement Benefits
This is intended to help seniors and other Social Security recipients keep up with inflation and is based on Consumer Price Index (CPI) data from the third quarter of 2024. While the 2.5% COLA isn't exactly news at this point,
Social Security benefits increased by 2.5% in 2025. Why retirees may feel it's not enough
The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still face high prices.
True or false: will there be a Social Security payment increase in February 2025?
Social Security payments are an essential source of income for millions of Americans, and 2025 brings a slight boost in payments thanks to a 2.5% cost-of-living adjustment (COLA).
Some Workers Claiming Social Security May See a Benefit Bump in 2025 Thanks to This Adjustment
Most U.S. seniors will have to look to their savings or other government benefits if their Social Security benefits don't go far enough. Americans become eligible to start collecting Social Security retirement benefits as soon as they turn 62,
2025 Social Security COLA Increase: Will You Have to Pay Taxes This Year?
Social Security beneficiaries may face taxes if they have additional income sources or due to the COLA increase. Here's how to determine if you're affected.
Social Security Payment This Week: Up to $967 To Be Sent Out
This Friday, January 31, SSI payments will be made to claimants across the U.S. from the Social Security Administration (SSA). Usually, SSI payments are made on the
Should You Claim Social Security at the Same Time as Your Spouse? Here's How to Know.
For one thing, you get the company of someone else at a time when you're not busy working every day and you may have a greater need for company. Also, if both you and your spouse have savings, you can pool that money and stretch it by sharing expenses like housing and transportation.
Are You Eligible for the 2025 Maximum Social Security Benefits? Find Out Now
Fact checked by Giselle Cancio Social Security is many people's primary source of income after retirement, but not everyone will receive the maximum amount. In 2025, lifelong high earners who wait until age 70 to claim their benefits can qualify for up to $5,
Social Security: Don’t Claim Benefits Until You Reach This Milestone
There's a magic number to know that can help you maximize your Social Security income when you are ready to retire. Trending Now: Need to Cut Expenses While on Social Security? Here's the First
3 Types of People Who Should Claim Social Security at 62
Claiming Social Security at 62 is popular strategy because it gives recipients the most checks. At the same time, it reduces the size of their checks by up to 30%. That's because the government penalizes beneficiaries for every month they claim benefits before their full retirement age (FRA),
First Social Security payments of 2025 coming soon; what to know in NJ
Over 162,000 New Jerseyans who are low-income, blind or disabled and rely on payments from the Social Security Administration will see their first paychecks for 2025 this week — and they will include a slight increase in funds.
4 most worrisome things for retirees on Social Security as COLA disappoints — and how to prepare
For retirees, healthcare expenses are unavoidable and increasingly unaffordable. Fidelity Research says a 65-year-old ...
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Social Security Disability Insurance February 2025: Here's When You'll Get Paid
We're headed into February and next set of Social Security Disability Insurance payments will be heading out to recipients ...
Social Security is sending out $1,000 checks on Friday, Jan. 31: find out if you’re getting one
Before the end of January 2025, the Social Security Administration is due to pay out one last round of benefit checks.
2 Social Security changes that could hurt you financially, if you're still working
One positive aspect of Social Security is that the program is set up to adapt to economic changes. Each year, for example, ...
The Trump Economy Begins: How a Republican Congress Could Impact Those Relying on Social Security
Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen ...
Social Security’s COLA is expected to drop in 2026 — but how low could it go?
Social Security’s cost-of-living adjustment is expected to shrink in 2026 and could be the lowest increase seen in a decade.
Social Security Cost-of-Living Adjustment (COLA) Projected To Shrink Further in 2026
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...