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In 2025, nearly 73 million Social Security and SSI recipients will see their benefits increase by 2.5%. That’s just under the 2.5% by which the average COLA boosted benefits over the last decade.
Image source: Getty Images. 1. Social Security benefits will get a cost-of-living adjustment to account for inflation in 2025. Nationwide Retirement Institute reports that 66% of surveyed adults ...
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.
Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) 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 ...
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 ...
On Thursday, the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) for 2025. Beginning in January, more than 72.5 million Americans will receive a 2.5% increase ...
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.
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.