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For instance, beneficiaries will get a 2.5% COLA in 2025, but there are other important changes coming to Social Security next year. Read on to learn more. Two Social Security cards intermixed ...
Here are three changes coming to Social Security in 2205 that may surprise retirees. ... In 2025, Social Security recipients will receive a 2.5% COLA. ... The chart shows the maximum monthly ...
The Social Security program undergoes several important changes every year to keep benefit payments aligned with inflation and wages. Given that benefits are often the largest source of income for ...
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 ...
Higher Earnings Cap for Social Security Taxes. Social Security taxes will remain at the same rate in 2025–12.4% (this number doesn't include the Medicare tax). Employers and employees split this ...
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 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.
Several Social Security changes set to take effect in January 2025 may surprise retirees. ... The chart below shows how a 2.5% COLA would impact the average monthly payout for different ...