Social Security update: Third round of September payments worth $4,873 go out in four days
The third round of September’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the third group of retirees in four days. Here is all you need to know about this month’s Social Security payments,
Prediction: 2025's Social Security COLA Won't Be Terrible News After All
Social Security COLAs are tied directly to inflation. Therefore, when one goes down, it indicates that the other is down, too. In other words, a smaller 2025 COLA means inflation has been cooling. If that trend continues, seniors on Social Security could gain buying power in the form of lower prices in stores and in general.
Social Security COLA could go up 2.5% in 2025, latest estimate shows
The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates show an average boost.
Analysts Forecast 2.5% COLA Increase For Social Security In 2025
Though the Social Security Administration won't announce the 2025 COLA rate until October, the final estimate puts the increase at 2.5%, the lowest since 2021.
The Social Security COLA Forecast for 2025 Was Just Updated. There's Good News and Bad News.
Social Security's 2025 cost-of-living adjustment (COLA) could be the smallest raise for retired workers in four years.
The estimated Social Security increase for 2025 keeps dropping
The Social Security Administration’s yearly cost-of-living adjustments are designed to help recipients retain their buying power amid rising inflation.
You Can't Control How Social Security Is Calculated, but You Can Do These 3 Things to Boost Your Benefits
It's frustrating, especially for those who aren't able to save as much as they'd like to for retirement on their own. However ...
Cuts to Social Security Benefits Could Top $21,000 for High-Income Couples
Cut costs. Although inflation is driving up some costs, cutting both discretionary and non-discretionary spending on food, ...
Social Security Payments: See How a CD Ladder Strategy Can Help Retirees Lock in Rates of up to 5.15%
Current CD rates have begun to decline after the Federal Reserve slashed interest rates. But CDs are are still a great option ...
Say Goodbye to Your Historic Social Security Cost-of-Living Adjustment (COLA) in 2025
For a majority of Americans, Social Security income is an absolute necessity during retirement. In each of the last 23 years, ...
Make Social Security the Model to Fix the Minimum Wage
Both Democrats and Republicans favor raising the federal rate from the current $7.25 an hour. Just indexing the new level to ...
Research shows most people should take Social Security at 70: Why you may not want to wait
Waiting until age 70 will earn you the maximum possible Social Security payment based on your work history, but it's not ...
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Does Kansas Tax Social Security Benefits?
Kansas Gov. Laura Kelly signed a measure this summer that eliminates the state’s tax on Social Security income, reduces ...
Do Retired Presidents Receive Social Security?
“Retired U.S. presidents do receive Social Security benefits just like any other American who’s paid into the system during ...
Forget Social Security Cuts. Medicare Cuts Could Be an Even Bigger Issue.
The trust fund that supports Medicare Part A, which covers hospital care, is expected to run out of money in 2036. If ...
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Celebrating 89 Years of Social Security
Social Security has provided income protection to millions of retirees, people with disabilities, their dependents, and ...