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 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, will go out to the first group of retirees in nine days. When a person receives his or her check depends on the date he or she was born.
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.
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.
Final stretch of 2024: Last COLA payments from social security administration
As we approach the end of 2024, the Social Security Administration (SSA) is set to conclude its Cost of Living Adjustment (COLA) payments for the year.
Here's How the Estimated 2025 Social Security Cost-of-Living Adjustment (COLA) Could Compare to the Last 20 Years
We're less than two weeks away from the 2025 Social Security cost-of-living adjustment (COLA) announcement. The government will have the last piece of data it needs to do the calculation on Oct. 10, 2024.
Here’s how much the cost of living increase to Social Security is expected to be next month
The Social Security Administration is expected to announce its cost of living adjustment in just two weeks. The increase is meant to help offset inflation, which can take a chunk out of recipients’ payments.
Some Gen Xers Are Counting On Social Security—But Few Millennials Are
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 Reform Bill: What to Know
A bill that could increase Social Security benefits for millions is being considered by lawmakers. The Social Security ...
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.
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 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 ...
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 ...
This Was the Average Social Security Benefit in 1964, and Here's What It Is Now
Its average increases have seemingly kept pace with inflation, but they haven't necessarily kept up quite as well with ...
To win over seniors, Harris should highlight her support for Social Security
Kamala Harris and Tim Walz need to do a better job convincing seniors to vote for them, as older voters are a ...