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As someone who values face-to-face banking, I appreciate U.S. Bank’s extensive network. Plus, it offers a range of accounts tailored to seniors, including the U.S. Bank Smartly Checking account ...
Our senior tech expert provides a comprehensive guide for seniors to understand the nuances of debit cards versus digital payment apps, so you can make informed decisions about managing your ...
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 ...
“But make sure you run the numbers because it may benefit you to file for the survivor benefit at age 60, and wait on your own [Social Security benefits] until age 70 or you may be better off ...
If you start collecting Social Security before full retirement age, you can earn up to $1,950 per month ($23,400 per year) in 2025 before the SSA will start withholding benefits, at the rate of $1 ...
Image source: Getty Images. 1. Social Security benefits are rising by 2.5%. Each year, Social Security benefits are eligible for an automatic cost-of-living adjustment, or COLA.
This year’s 3.2% cost-of-living adjustment pushed the average Social Security retirement check to $1,864.52 a month as of March 2024, according to the Social Security Administration.
Most people have their premiums deducted from their Social Security checks, and starting next year, you can expect to have more of your benefits withheld. Part B premiums will cost $185 per month ...