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The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
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 ...
Another adjustment that takes effect in 2025 involves Social Security payroll taxes. Beginning on Jan. 1, the maximum amount of earnings subject to the Social Security tax is scheduled to increase ...
Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...
In 2025, Social Security recipients will receive a 2.5% COLA. That is the smallest benefit increase since 2021 because inflation has trended downward. ... The maximum Social Security benefit for ...
Your 2025 Social Security COLA will be 2.5%. In 2025, Social Security benefits will rise by 2.5%. And while that raise may read like a disappointment compared to recent COLAs, it's important to ...
Several Social Security changes set to take effect in January 2025 may surprise retirees. ... estimates benefits will increase 2.5% in 2025. Social Security recipients can use that figure to ...
Oct. 15—Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase by 2.5% in 2025, according to a press release from the Social ...