Social Security 2025: Here's What the COLA Increase Means for Your Wallet
Social Security COLA increase goes into effect in just a few weeks. Here's what it means for your monthly check going forward.
The average Social Security benefit for people at age 65, 75 and more
Social Security has a big birthday coming up next year -- it's turning 90! It's kept many millions of people out of poverty for decades and was recently supporting more than 71 million people with around $1.5 trillion in benefits for the year.
Here’s how a 40-year law on Social Security impacts retirement in 2025
In 1983, Congress passed a law that gradually increased the age at which people may receive 100% of their Social Security benefits from 65 to 67, a change that was felt over the following decades as Americans approached their retirement age, according to Bipartisan Policy Cente r. The increase aimed to match increasing life expectancy.
Social Security's full retirement age is increasing in 2025: What to know
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
Congress passed the Social Security Fairness Act. Millions of people could see more in benefits as a result.
The Senate voted early Saturday morning to repeal two laws that prevent many public employees from receiving Social Security, a move that is expected to weigh on the overall solvency of the Social Security system.
Congress fixed a Social Security problem for government retirees. It won’t be cheap.
About 3 million retirees would get full benefits in addition to pensions. As a result, Social Security could hit insolvency earlier.
Social Security full retirement age is going up in 2025. What Georgians need to know
More Georgians will become eligible for Social Security benefits in 2025. But the Social Security full retirement age is increasing. Here's more.
Retirees: 3 Reasons You May Snag Larger Social Security Checks in 2025
Retirees can expect to receive a 2.5% cost-of-living adjustment (COLA) in 2025. The average retiree collects around $1,925 per month, according to the most recent data from the Social Security Administration, so that amounts to a raise of around $48 per month.
Social Security update: First round of January payments worth up to $4,873 goes out in 14 days
Millions of Social Security beneficiaries will receive their first round of January retirement checks, worth up to $4,873 per ...
Senate approves bill to expand Social Security to millions of Americans
Legislation now headed to President Biden's desk comes with the Social Security Administration staffed at a 50-year low.
Applying for Social Security in 2025? 3 Things You Should Do Right Now
You've decided that 2025 is the year you're finally going to claim Social Security. Perhaps it's the year you're retiring as ...
Final round of December payments worth up to $4,873 goes out today
Retirees will receive their Social Security check depending on when their birthday falls and the checks are sent out in three ...