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The average retiree collects around $1,925 per month, according to the most recent data from the Social Security Administration, so that amounts to a raise of around $48 per month. Where to invest ...
Luckily, recipients can expect a 2.5% increase in their monthly benefits beginning in January 2025. A 2.5% increase is below the average COLA since it became annual in 1975, but it could also be ...
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.
Image source: Getty Images. 1. Benefits are getting a 2.5% cost-of-living adjustment. Each year, Social Security benefits are eligible for an automatic cost-of-living adjustment (COLA).
The National Active and Retired Federal Employees Association (NARFE) is a US-based nonprofit, 501(c)5 membership association dedicated to preserving, protecting, and improving the pay and benefits of active and retired federal employees, their families, and survivors.
While the promise of tax-free benefits sounds like a win for all retirees, the reality is more nuanced. Currently, only about 40% of Social Security recipients pay federal taxes on their benefits.
Some AFL-CIO unions pay the dues out of their budgets, rather than assess their retirees or members a special fee to pay the dues. Non-union retirees pay dues of $10.00 a year. Alliance members are the governing body of the organization. The membership meets in a national convention every non-presidential election year.
During the ensuing debate regarding the proper balance of civil liberties and security, the membership of the ACLU increased by 20%, bringing the group's total enrollment to 330,000. [344] The growth continued, and by August 2008 ACLU membership was greater than 500,000. It remained at that level through 2011. [345]