Bad News for Social Security Retirees

Social Security Update: Payments of Up to $5,108 to Be Paid This Week
Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month. If benefits are claimed at the earliest possible age of 62, that maximum payment drops to $2,831.
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.
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 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,
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.
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.
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 ...
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 ...
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 ...
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 ...
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How to Withdraw From Social Security Benefits and Why You'd Want To
Social Security benefits become available to those who qualify as early as the age of 62, but if you can wait until 70, ...
Some People Born in 1959 Will Reach a Major Social Security Milestone in 2025
A few of those born in 1959 will reach their full retirement age (FRA) in 2025. Your FRA plays a big part in the size of your ...
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 ...
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.
This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By
Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including ...
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 ...
New tax cuts could have huge implications for Social Security
Social Security payments have been helping seniors supplement their retirement income since the Social Security ...