Social Security increase 2025: Here’s the latest COLA estimate

Social Security recipients should be on track to receive a higher cost-of-living-adjustment due to inflation, but it may be a double-edged sword for some SSI recipients. Here's what you need to know ... Read More

Social Security increase 2025: Latest estimate is out; how much could benefits increase?

Advocacy group The Senior Citizens League has changed its long-term forecast for 2025′s Cost-of-Living-Adjustment to 2.6%. That’s an increase from the previous projection of 1.75%. The increase is due ... Read More

Your 2025 Social Security COLA Could Be Bigger Than Your 2024 Increase. Here's Why That's Bad News for Retirees.

The Social Security Administration (SSA) compares CPI-W numbers from the third quarter to the same period in the previous year to calculate the annual COLA. If inflation remains at the March levels, ... Read More

Social Security increase for 2025: Here are the latest COLA estimates; why is it not good news?

A rise in inflation means Social Security beneficiaries are on track for a higher-than-earlier-projected cost of living adjustment for 2025. Read More

Social Security benefits could give you an extra $900 per month. Are you eligible?

Social Security can make or break retirement for many older adults. Just over 20% of U.S. adults age 50 and older have no other retirement income outside of their benefits, according to a 2023 ... Read More

Can You Retire on Social Security Alone? Here's Exactly How Much the Average Retiree Collects in Benefits

According to the Social Security Administration's most recent data from December 2022, here's how ... about how much you can depend on your benefits (and finding ways to increase your payments ... Read More

Social Security: Here's How to See Exactly How Much You'll Receive in Benefits When You Retire

If you're going to be depending on Social Security to any extent, it's often helpful to know how much ... you can't work more than 35 years, delay benefits until age 70, or substantially increase ... Read More

Social Security cost-of-living adjustment (COLA) increase for 2025

While Social Security benefits are initially calculated using a worker’s earnings record ... that will be an approximately $45 increase. What can you buy for that? Not much,” said Shannon ... Read More

Lawmakers Might Increase Social Security's Full Retirement Age to Avoid Benefit Cuts. Here's How That Could Hurt Today's Workers Big Time

It's an idea that could potentially prevent benefit cuts. But it's also an idea that might hurt workers in a very notable way. Here ... 24% increase to their monthly Social Security check. Read More

Here's How Much Greater the Average Social Security Benefit Is at 70 Versus 62

But there's a big price to be paid for doing so. Here's how much greater the average Social Security benefit ... increase in the standard of living that occurred during your career. The end ... Read More

Social Security: Here's How to See Exactly How Much You'll Receive in Benefits When You Retire

If you're going to be depending on Social Security to any extent, it's often helpful to know how much you can expect to receive ... ways to increase your benefit amount. Again, waiting until ... Read More