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The program's income cap — the threshold above which earnings aren't taxed for Social Security — will rise to $176,100 next year, up from $168,600 in the current calendar year.
The average Social Security payment changes from month to month, but in January, it’s $1,976, compared to $1,788.12 at the end of 2024. The Maximum Social Security Benefit Increases
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.
SSI payments for December went out on Friday, Nov. 29, because Dec. 1 was a Sunday, according to the SSA calendar. January's SSI payments always come out early because Jan. 1 is a holiday. This ...
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
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 ...
But as upset as seniors may be about a 2.5% COLA, there's a chance 2026's Social Security raise will be even lower. And that's something beneficiaries should gear up for now. Why the news may not ...
November Social Security payment schedule. The SSA releases its yearly distribution schedules well in advance; you can begin planning for next year now with the already-released 2025 calendar. As ...