Why Retirees' Average Take-Home Social Security Increase in 2025 Will Be 20% Lower Than They Might Expect
Less than six weeks remain before retirees will get a raise. Last month, the Social Security Administration announced that the next cost-of-living adjustment (COLA) will be 2.5%. The adjustment takes effect on Jan.
Medicare premiums rise for 2025, nicking retirees' Social Security checks
Seniors awaiting bigger Social Security checks next year may be shocked to discover higher Medicare premiums will eat up a chunk of their cost-of-living adjustment.
Here's what changes are coming to Social Security in 2025
Social Security beneficiaries will soon experience a welcome change when benefits climb due to a cost-of-living adjustment.
There's Good News and Bad News About 2025's Social Security COLA
But the truth is that your monthly benefit is never truly locked in, because each year, Social Security recipients are eligible for an automatic cost-of-living adjustment (COLA).
Social Security: New legislation would increase monthly benefits for 2.5M Americans
Last week, the U.S. House of Representatives overwhelmingly passed the Social Security Fairness Act, a bipartisan piece of legislation that would increase benefits for roughly 2.5 million Americans who are currently penalized for their pensions.
Social Security beneficiaries to soon receive notices revealing the size of their 2025 benefit checks
A 2.5% cost-of-living adjustment, Medicare Part B premiums and tax liabilities are key changes to watch for that affect 2025 Social Security benefits.
How Social Security Bill Could Change 2025 Benefits
More From Newsweek Vault: Latest Social Security News: 2025 COLA Announcement and Upcoming Changes to Your Benefits If it becomes law, the Social Security Fairness Act would eliminate two provisions: the Windfall Elimination Provision and the Government Pension Offset.
Gear Up for These 3 Surprising Social Security Changes in 2025
But if you work and collect Social Security before reaching full retirement age, you'll risk having some of your benefits withheld if your income exceeds a certain threshold. In 2025, that threshold, known as the earnings-test limit, is $23,400, up from $22,320.
Social Security 2025: There's Good and Bad News Coming for High-Earning Workers
The Social Security Administration recently announced the cost-of-living adjustment (COLA) for 2025, and beneficiaries can expect a 2.5% raise (amounting to around $50 per month for the average retiree) heading into next year.
2025 Social Security benefits will change from January first for millions of people
Millions of Americans will see changes to their benefits in the New Year. There will be an increase of 2.5 percent for retirees and those on disability benefits
This Big Social Security Change Proposed by President-Elect Donald Trump, and the Harsh Truth That Makes It Unlikely
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Social Security: This Is the Average Payment in Every State
Those who generally work longer careers — strategically increase their earnings over ... here are the average Social Security payments in every state, according to the Social Security ...
Senate has 6 weeks to vote to lift Social Security for public workers. Will it?
Public sector workers are anxiously waiting to see if the Senate will vote to finally eliminate provisions that cut their ...
President-Elect Trump Promises ‘Tax-Free Social Security.’ Is It Wise?
President-Elect Trump promised to make Social Security retirement benefits nontaxable. This could leave a gaping hole in ...
Do You Make $176,100 or More? You Could Have to Pay Social Security Payroll Taxes on Thousands of Dollars of Additional Earnings in 2025
This does not mean you'll pay an additional $7,500 in taxes. It means the 6.2% or 12.4% tax rate would apply to the ...