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The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. This is under the 3.2% increase retirees saw last year. This is under the 3.2% increase ...
The most notable change to Social Security benefits in 2025 should be good news. All current recipients will receive a boost to their monthly benefit thanks to the Social Security cost-of-living ...
This can be alarming news for many older adults, especially if Social Security is a major part of your retirement plan. If you end up claiming sooner than expected for reasons outside your control ...
The Social Security Administration gives you a one-time do-over if you change your mind about claiming Social Security benefits within 12 months of signing up. You must contact the Social Security ...
Image source: The Motley Fool. These adjustments are generally permanent, and they can be significant, too. Claim at age 62, and your benefits will be reduced by up to 30% per month.
Monthly Social Security payments used to be something retirees looked forward to -- especially if they relied heavily on the checks to pay their bills. But ever since the Social Security ...
Allowing Social Security to slash benefits would likely plunge an untold number of seniors into poverty. And Medicare cuts could be devastating in their own right, whether they come in conjunction ...
For Social Security retirement beneficiaries, the 3.2% increase will boost the average monthly payment by $59, The Motley Fool reported. Those with long-term disabilities will see an average ...