Social Security, COLA
The 2025 Social Security COLA Will Be Announced in October. Here's What That Means for Retirees.
The Social Security Administration (SSA) will announce the 2025 COLA on Oct. 10, 2024. That's the day the Bureau of Labor Statistics releases its inflation data for September. The CPI-W for September is the only missing piece of information needed for SSA to calculate next year's adjustment.
Social Security Reform Bill: What to Know
A bill that could increase Social Security benefits for millions is being considered by lawmakers. The Social Security Fairness Act, which would eliminate loopholes that deny payments being made to retirees who receive certain government pensions or other types of benefits,
Social Security COLA raise: How much will recipients get in 2025?
The Social Security Administration is less than two weeks away from announcing its cost of living adjustment (COLA), the annual bump in recipients' payments to help them deal with inflation.
2025's Social Security COLA: Your Top 5 Questions, Answered
However, that number could wiggle upward or downward, depending on how an official inflation reading for September shakes out. Either way, though, you should expect 2025's Social Security COLA to be lower than the 3.2% raise that came through at the start of 2024.
5 things to know about Social Security reforms being considered in Congress
Legislation that would reform some aspects of Social Security is gaining steam in Congress. The measure, dubbed the Social Security Fairness Act, seeks to do away with tax rules that proponents say have led to unfair reductions in benefits for those who have worked in public service for much of their careers.
Millennials vs Gen X Workers: How Social Security Features in Retirement Plans
Only 6% of millennial workers and roughly a third of Gen X workers with 401(k) plans expect to rely on Social Security as ...
Social Security update: First round of October payments worth $4,873 goes out in 9 days
The first round of October’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70 ...
3 key changes will help poor qualify for more money through a Social Security program
The changes are to remove barriers to eligibility for Supplemental Security Income benefits and go into effect Monday.
Social Security Checks of Up to $4,873 to Be Sent This Week
On Tuesday, October 1, the first round of payments will be made to those who receive Supplemental Security Income (SSI). SSI provides payments to adults and children with a disability or blindness, as ...
This Social Security plan will increase taxes, and Americans want it
Blanket Social Security payroll tax increases are not popular, but there's one tax hike a lot of Americans can get behind.
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Social Security Changes Begin
Beginning Monday, September 30 the agency will no longer include food in determining In-Kind Support and Maintenance (ISM) ...
Five changes taking effect in 2024 that could affect Social Security benefits
Social Security benefits are constantly changing with the economy, resulting in several benefits changes this year.
Social Security's 2025 Cost-of-Living Adjustment (COLA) Forecasts Are in Agreement -- Here's How Much the Average Check Is Expected to Rise Next Year
Social Security's smallest cost-of-living adjustment (COLA) since 2021 is liable to leave retirees wanting more.