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 first round of Social Security retirement benefits for 2025 will be paid this week. Social Security benefits form the bedrock of retirement income for millions of older Americans. January 2025 marks the first month of boosted benefits for this year due to the Cost of Living Adjustment (COLA),
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 Fairness Act: Who will see boosted payments? What to know as Biden signs law
It affects nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs.
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 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.
Who will get increased Social Security benefits? What to know after Biden signs bill
President Joe Biden signs bill to increase Social Security benefits to millions of people who receive pensions from their ...
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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 ...
Here are big changes retirees can expect from Social Security and Medicare in 2025
While all Social Security beneficiaries will get a boost to benefits in 2025, certain pensioners are also expected to see a ...
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The Biggest Social Security COLA Increases of All Time
As a result of the 2008 financial and mortgage crisis, a hefty 5.8% increase in COLA was applied in 2009, the most significant increase that Social Security benefits had seen since 1982.
Turning 62 in 2025? Three critical things to know before applying for Social Security
Claiming Social Security benefits is a big decision, and it's difficult to undo. If you're considering applying for benefits in 2025, here are a few things you need to know. It's possible to apply for ...
I’ve Lived on Social Security for 7 Years: 5 Items I Always Buy for My Vehicle
Social Security benefit in 2024 was $1,862. Living off that income doesn't leave a lot of room for discretionary spending.