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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 ...
Nearly 68 million Social Security beneficiaries will see a 2.5% COLA beginning in January 2025. Income Taxes on Benefits About 40% of Social Security beneficiaries must pay federal income taxes on ...
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 ...
Whether you're retired or still working, this is important information to know.
Regarding Social Security, there's a little-known rule that can greatly impact your monthly benefits: your payments are calculated based on your 35 highest-earning years. If you haven't worked a ...
Qualifying for Social Security benefits in retirement generally goes something like this: Work and pay taxes on your income. Accumulate at least 40 work credits in your lifetime.
The measure, dubbed the Social Security Fairness Act, would do away with tax rules that proponents say have led to unfair reductions in benefits for those who have worked in public service for ...
According to the Social Security Administration (SSA), more than one in four 20-year-olds will develop a disability before they reach retirement age -- and if it meets the SSA's strict definition ...