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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 ...
Image source: Getty Images. 1. The cost-of-living adjustment. Seniors get a bump in their Social Security benefit every year called the cost-of-living adjustment ().The 2025 COLA of 2.5% was ...
A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in some...
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% increase retirees saw last year. This is under the 3.2% increase ...
The FERS annuity is structured to provide employees an incentive to continue working for at least 20 years in Federal service and until age 62 (which is also the earliest age at which a FERS employee can collect Social Security benefits), since employees retiring at or after age 62 with 20 years of service or more have the annuity calculated at ...
Here are three changes coming to Social Security in 2205 that may surprise retirees. Two Social Security cards sitting atop U.S. currency. Image source: Getty Images.
Image source: Getty Images. 1. Social Security benefits will get a boost, thanks to COLA. I'll kick off next year's Social Security changes with one of the most anticipated updates -- the annual ...
The purpose of COLAs is to help seniors on Social Security maintain their buying power as living costs rise over time due to inflation. In 2025, Social Security benefits are getting a 2.5% raise ...