Social Security January 2025: The Next Round of Checks Are Headed Out
We're nearly half way into January and another set of Social Security checks will soon be headed out to beneficiaries. The 2025 COLA increase is officially in place and recipients should see a 2.5% increase to their monthly payments.
Second round of January Social Security payments goes out in six days
The second round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the second group of retirees on Wednesday, Jan. 15. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.
Social Security 2025: Are you eligible for spousal benefits? What to know
Social Security benefits are typically based on a person’s 35 highest-earning years of work, but if your spouse earned significantly more or your history is limited you could benefit more from spousal benefits.
Social Security Update: 72 Million Americans to Get Benefits Boost
An estimated 72.5 million Social Security recipients will benefit from a 2.5 percent increase in their payments this year thanks to the annual cost-of-living adjustment (COLA). Inflation, which has been above Federal Reserve targets for several years now,
This Is the Average Social Security Benefit for Age 65
The age you file for Social Security is perhaps the most important decision affecting your benefit amount. You can begin taking benefits as early as 62, but waiting up to age 70 will earn you larger payments each month.
Social Security 2025: Changes coming in January
As 2025 unfolds, understanding the latest Social Security updates is crucial for everyone, not just retirees. From increased benefits to new earning limits, these changes could significantly impact your financial planning.
President-Elect Donald Trump's Social Security Strategy Is Facing a No-Win Scenario
Social Security is potentially eight years away from sweeping benefit cuts. In January 1940, the first retired-worker benefit ...
Who Is Affected By The Social Security Fairness Act And What To Do Next
Over 2 million Social Security beneficiaries had their retirement incomes reduced because of two programs. Here's how the ...
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The Social Security Fairness Act: What we know so far
The Social Security Fairness Act eliminates the reduction of Social Security benefits based on your work record or the work ...
What Donald Trump’s Presidency Could Mean For Social Security
President-elect Donald Trump's plans to protect Social Security benefits could give retirees more money in their pockets, but ...
New Social Security Law May Face Problems Under Trump—Economist
The Social Security Fairness Act was passed this month, effectively getting rid of the windfall elimination provision and government pension offset.
A Big Social Security Change Proposed by President-Elect Donald Trump May Be Bad News for Retirees
During his presidential campaign, Donald Trump signaled support for ending the decades-long practice of taxing Social ...
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Social Security Recipients Need a Benefit Statement for Tax Season: Here's Where to Find It
Tax season is almost here. If you receive Social Security benefits, you'll need your benefit statement to find out if you ...
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Biden signs Social Security Fairness Act into law
The Social Security Fairness Act repeals WEP and GPO, two provisions that reduce or eliminate Social Security benefits for ...
The biggest Social Security changes taking effect in 2025
As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social ...
New Social Security benefit increases for nearly 3 million Americans may trigger higher tax bill, Medicare premium costs
Nearly 3 million Americans are poised to see bigger Social Security benefit checks. For some, that could trigger larger tax ...