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2024 is coming to an end quickly, and several changes and adjustments are set to take effect in the world of Social Security in the new year. Most of these are inflation-related, and while some ...
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 ...
Arguably, the biggest change coming to Social Security in 2025 is the annual cost-of-living adjustment, or COLA. To be sure, inflation has cooled off considerably, and as a result, the COLA that ...
Although Social Security has been around for nearly a century, the program's rules aren't necessarily set in stone. In fact, in the coming year, Social Security will undergo a number of big changes.
The Social Security Administration recently announced the cost-of-living adjustment (COLA) for 2025, and beneficiaries can expect a 2.5% raise (amounting to around $50 per month for the average ...
Here are two changes coming to Social Security in 2025 that all retirees should prepare for, according to The Motley Fool: 1. The 2025 COLA Will Likely be Smaller.
More than 51 million retired workers received a Social Security check in August 2024, and most depend on those monthly benefits to make ends meet. Indeed, nearly 90% of retired workers view Social ...
Most of the changes coming to Social Security next year are positive. Aside from the COLA and the increased earnings test limits, the maximum benefit will also be increasing from $4,873 per month ...