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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 general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
The Social Security Administration recently announced the cost-of-living adjustment that retirees will be getting next year: 2.5%. This number was calculated based on the year-over-year change in ...
At the start of 2024, seniors on Social Security saw their monthly benefits rise by 3.2%. And given that annual inflation has dipped below that level in recent months, the hope is that 2024's cost ...
The Senior Citizens League (TSCL), a nonprofit advocacy group, estimates benefits will get a 2.5% COLA next year. That would be the smallest raise for Social Security beneficiaries in four years ...
Image source: Getty Images. 1. Recipients will get a raise. Social Security gets an annual cost-of-living adjustment (COLA), which increases the monthly benefits retirees receive.. The way the ...
The Social Security Administration has announced of a 2.5% cost-of-living adjustment (COLA) for 2025 -- that's lower than the 3.2% increase in 2024 and 8.7% increase in 2023. The smaller COLA ...
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.