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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.
If you're between full retirement age and 70 years old, you have the option to suspend your Social Security benefits. When you suspend benefits, you stop receiving a monthly check from the government.
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.
With the increase, the average Social Security monthly benefit check will rise by about $50. The COLA for 2025 is the second straight year of more normal annual adjustments, following large ...
The Social Security Administration announced benefit checks will rise 2.5% in 2025. ... Specifically, the average check for retired workers will increase from $1,927 to $1,976. For a couple with ...
If a similar increase happens this year, it will, unfortunately, leave Medicare enrollees with a less substantial increase in their monthly Social Security checks. Make the best of 2025's COLA
Social Security recipients saw their monthly check grow by 2.5% in 2025 thanks to a cost-of-living adjustment (COLA) designed to offset the dollar-diminishing power of inflation. Beneficiaries get ...
Data source: Social Security Administration, The Senior Citizens League. Payments have been rounded to the nearest dollar. 2. Social Security's full retirement age will increase in 2025