2.8 Million Americans Could Receive Expanded Social Security Benefits in 2025. Here's How
Social Security's 2025 cost-of-living adjustment (COLA) bumped the average benefit from $1,927 per month to $1,976 per month. It's a $49 increase, but many hoped for more. Despite slowing inflation, some retirees still find it difficult to make ends meet,
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.
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.
Are You One of 2.8 Million Americans Who Could Benefit From the Social Security Fairness Act?
The U.S. Senate recently voted to proceed with the Social Security Fairness Act, a bipartisan bill that could expand Social Security benefits for nearly 3 million Americans. The bill passed in the House of Representatives in November and is now on its way to President Biden's desk.
Millions of people in MS to see more Social Security benefits in 2025. Here's how much
Nearly half a million retirees and thousands of others in Mississippi are set to see increases to their Social Security benefits in the new year.
9 States That Will Tax Your Social Security Benefits in 2025 – What You Need to Know
Despite a growing trend of states reducing or eliminating taxes on Social Security benefits, there are still several states where you can expect to pay taxes on your Social Security in 2025. While this might seem like an outdated policy,
This Is the Average Social Security Benefit for Age 72
Thankfully, Social Security benefits have grown since the first check was cut to one Ida May Fuller in 1940. The $24.54 she received from check number 00-000-001 wouldn't go very far today. Thanks to several Acts of Congress and dozens of cost of living adjustments (COLAs),
8 Words From President-Elect Donald Trump That Can Change Social Security Forever
One simple statement implies Trump's desire to alter a foundational aspect of Social Security -- but doing so would have ...
Major changes coming to Social Security regardless of Trump’s presence
Here’s a rundown of four shifts to Social Security benefits you can prepare for ahead of the holidays, largely due to ...
Surviving on $1,800 a month in Social Security, she died looking for a place to live
The life and death of Joanne Erickson highlight the struggles of many seniors with little to no savings amid an unforgiving ...
Why US Congress restored Social Security benefits for public-sector retirees
Social Security is an earned benefit. You become eligible by paying the payroll tax during your working years, and the amount ...
Social Security update: First round of January payments worth up to $4,873 goes out in 12 days
Millions of Social Security beneficiaries will receive their first round of January retirement checks, worth up to $4,873 per ...
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Social Security checks increasing for COLA adjustment
The Cost of Living Adjustment is rising in 2025, which will change the amount of money people will receive in their Social ...
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Are you eligible for spousal Social Security benefits? 4 things to know.
Many people view Social Security as a plan that forces individuals to save for their retirement. That view is mostly ...
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 ...
This Extremely Common Social Security Mistake Could Cost You $4,560 Per Year
If you're going to be relying on Social Security to any extent in retirement, it pays to understand as much as possible about ...