Social Security COLA 2025: Which retirees will get bigger checks and why? In 2025, millions of retirees in the US are seeing an increase in their Social Security benefits. The main reason for this is the 2.5% cost-of-living adjustment (COLA) and the implementation of the Social Security Fairness Act, which has changed many old rules. … Read more
$600 Bonus for Retirees: Social Security COLA Increase: The 2025 Social Security Cost of Living Adjustment COLA is expected by millions of retirees in the U.S. because it is set at 2.5 percent. This is meant to compensate for inflation and typically reflects an increase of about $50 a month for recipients. Some reports, purportedly … Read more
Stressful for many on a fixed budget is the forecasting of annual changes in the Social Security benefit program. The adjustments for cost-of-living made annually by the Social Security Administration in October serve the purpose of keeping such benefits in line with inflation. This adjustment is significant for seniors so that their benefits do not … Read more
Millions of retirees, SSDI In 2025 people with disabilities, and low-income Americans rely on receiving Social Security benefits. Beginning in 2025, key updates will affect both Social Security and Supplemental Security Income (SSI) beneficiaries, including increased benefits, a deduction of $185 in the Medicare Part B premium, and the elimination of the WEP & GPO … Read more
