How Much Could Trump’s Social Security Pick Impact Your Benefits? What to Expect in 2025
President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?
Some Social Security Recipients to Get Higher Benefits Under New Bill
Proposed legislation aims to increase Social Security benefits for adults with intellectual or developmental disabilities by eliminating the "marriage penalty."
5 Things Seniors Should Know About Social Security and COLA Before They Retire
According to a recent Social Security COLA survey by The Motley Fool that asked 2,000 retirees about the COLA, 81% of retirees say that the 2025 COLA will not help them keep up with their essential living expenses. And it isn't hard to see why.
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
Bad News for Social Security Retirees: 2025 COLA Fails to Keep Up
Social Security’s cost-of-living adjustment (COLA) mechanism, designed to safeguard the buying power of benefits against inflation, faces challenges as inflation trends upward. The COLA for 2025, based on inflation data from the third quarter of 2024,
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
Social Security beneficiaries have received annual cost-of-living adjustments (COLAs) tied to a subset of the Consumer Price Index known as the CPI-W, which tracks the price of goods and services across the economy.
Social Security benefits to rise in 2025
Social Security is set to undergo several changes in 2025 that will impact millions of Americans. The average payment will increase by 2.5% due to a Cost of Living Adjustment (COLA). While this is a modest boost,
Bad news with the Social Security COLA in 2025
Social Security beneficiaries have relied on annual cost-of-living adjustments (COLAs) to maintain their purchasing power.
Don't Claim Social Security at 62 Unless You Understand This
Specifically, you lose 5/9 of 1% of your PIA per month for up to 36 months when claiming early, then 5/12 of 1% for every ...
I’m 63 and tried claiming Social Security early, but it was declined because I’m still working. Is that allowed?
Dear Help Me Retire, I am 63 and decided I want to go ahead and start drawing my Social Security retirement benefits. I am ...
Social Security February direct payment worth $967 goes out in nine days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in nine days. The ...
Trump's mass deportation plan could drain more than $20 billion a year from Social Security
President Donald Trump's mass deportation plans could have a significant economic side effect: draining Social Security ...
Understanding Changes in Social Security Fairness Act
As President Donald Trump’s health care agenda for a second term takes shape, it’s becoming clear that many Biden-era ...
When Are February 2025 Social Security Payments Coming?
Checks are issued throughout the month, based on the recipient's birth date or the duration of time they have been receiving benefits.
Persistence by local woman led to the passage of Social Security Fairness Act | Opinion
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
Social Security update: February direct payment worth $967 goes out in 11 days
The Supplemental Security Income program gives payments to those living with debilitating disabilities which may affect their ...
160 national security staffers are sent home as the White House aligns its team to Trump’s agenda
President Donald Trump's national security adviser has sent home about 160 National Security Council aides while the ...