Social Security, COLA

Social Security's 2025 COLA Took Effect in January, but It Comes With an Unpleasant Surprise for Retirees
Social Security's 2025 cost-of-living adjustment (COLA) took effect in January. Benefits will increase 2.5% this year, the smallest pay bump for seniors since 2021. Indeed, more than half of retired workers surveyed by The Motley Fool in October said the COLA was insufficient.
Social Security January 2025: Your COLA-Boosted Check Is on the Way
Social Security (retirement and survivors) recipients will now see a 2.5% increase in their next check and throughout the year. The COLA increase also extends to Supplemental Security Income and Social Security Disability insurance recipients.
Social Security Update: Payments of Up to $5,108 to Go Out This Week
The maximum amount available to retirees who stop working at the Full Retirement Age - currently 67 years old - is $4,018. If you take your benefits at the earliest possible age of 62, your maximum payment would be $2,831. But if you retire at age 70, you could get a maximum of $5,108 per month.
The 2025 Social Security COLA Was Announced in October. Here's What That Means for Retirees.
Technically speaking, this is the 2024 COLA, as it goes into effect in December 2024. However, because Social Security is paid a month in arrears, this increase will be reflected in the payment that beneficiaries receive in January. For this reason, it is often referred to as the 2025 COLA.
Social Security 2025: 4 Things That Are Changing This January
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Now that 2025 is underway, a lot of people are slowly but surely getting back into the swing of things.
Vast majority of seniors say Social Security COLA is inadequate
The vast majority of seniors surveyed about Social Security's COLA say the number should be as much as five times higher than the government is forking over this year.
What Is a Social Security COLA and How Can It Affect Your Retirement Plan in 2025?
Each year, tens of millions of retirees collecting Social Security benefits anxiously await the upcoming COLA, or cost-of-living-adjustment (COLA). The COLA is a pivotal part of the Social Security program that reflects the next year's increase in Social Security benefits.
What to know about Social Security's December and January 2025 payments
Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.
Social Security payments from January to March: What do authorities say?
The year 2025 brings significant changes for Social Security and Supplemental Security Income (SSI) recipients, with payments for the first three months arriving earlier than usual. While this adjustment offers immediate financial relief,
Social Security January payment schedule update
The Social Security Administration has announced several changes to the program for 2025. One of the most significant updates is the 2.5% cost-of-living adjustment (COLA) that will be applied to benefits.
CNET on MSN2h
The Social Security Fairness Act Means More Money for Some. Here's Who Qualifies
The repeal of two provisions will boost Social Security payments for certain beneficiaries. Here's what we know so far.
Who gets increased Social Security benefits? What to know after President Biden signs bill
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses ...
CNBC4d
Social Security COLA 2025: Here's when retirees will start getting bigger checks
Social Security benefits have gone up 2.5% in 2025, thanks to the annual cost-of-living adjustment (COLA). It's a smaller increase than the 3.2% bump that recipients saw in 2024, reflecting ...