Social Security Benefits Get a COLA in 2025

Social Security Benefits Expanded Result: Who's Impacted
A bipartisan bill called the Social Security Fairness Act has the approval necessary to reverse two provisions lowering benefits.
This Is the Average Social Security Benefit for Age 69
The average person collecting a retired worker benefit from Social Security receives $1,905.31 a month, according to the 2024 Social Security Statistical Supplement. However, the
House pushes bill to expand Social Security benefits. Here's what to know.
The House is expected to try to pass a Social Security-related bill this week to ensure benefits for workers who are also eligible for other pensions, despite a surprise move by hard-right Freedom Caucus leaders to derail the effort.
What to know about the House push to expand some Social Security benefits
It’s a quick turnaround to salvage what had been a bipartisan effort to pass the bill during what’s now the lame-duck post-election period of the Congress.
Social Security Benefits Get a COLA in 2025, but It Comes With Bad News for Retirees
Social Security benefits will arguably lose buying power next year because the 2.5% COLA understates inflation.
Saving for retirement? How to account for Social Security benefits
A good rule of thumb to figure out your retirement savings needs is to come up with an annual income you expect to need, subtract your annual Social Security benefit, and then multiply the remaining number by 25.
Social Security changes: Some will get 2 November payments; COLA increase may start in December
Some Social Security recipients will see different payment schedules due to changes in the calendar for the remainder of the year. In November, traditional Social Security payments will be sent on regular dates: people born on 1-10th will receive benefits on the second Wednesday (Nov.
Social Security Benefits Get a 2.5% COLA in 2025. Here's Exactly When to Expect Your Extra Money.
But unfortunately, next year's COLA won't be quite as substantial. Because of cooling inflation, Social Security benefits are only going to receive a 2.5% raise in 2025.
4 Things All Retirees Need to Know About Social Security COLAs
Still, the recent news raises a handful of questions among the retirees it impacts the most. Here are a few things you might want to know about these annual cost-of-living adjustments. The annual COLA isn't a number arbitrarily decided by the Social Security Administration.
Social Security update: December direct payment worth $943 goes out in 18 days
December’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries in 18 days. The ...
Social Security Update: Republicans Reverse Course on Expansion Bill
If passed, it would mean those impacted by the windfall elimination provision (WEP) and government pension offset (GPO) could ...
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US House approves repeal of provisions that docked Social Security for 90,000 Louisiana workers
The legislation would eliminate the Windfall Elimination Provision and the Government Pension Offset sections of the Social ...
Social Security Fairness Act passes House, heads to Senate. See Louisiana leaders’ reactions
The House passed House Resolution 82, the Social Security Fairness Act of 2023, on Tuesday, Nov. 12. H.R. 82 aims to ...
Trump's plan for Social Security would help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-income retirees and younger ...
Texas one of dozens of states not to tax Social Security in 2025. But there will be changes
A new report by GoBankingRates.com reveals that Texas is one of 41 states that will not tax Social Security Benefits benefits ...
Social Security Deposits of up to $4,873 To Be Paid Out This Week
Social Security checks worth up to $4,873 will be paid out later this week.