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Those benefits are expected to rise in 2025. But experts say they probably won't rise enough. Benefits are calculated on a worker's earnings record.
Those benefits are expected to rise in 2025. But experts say they probably won't rise enough. Benefits are calculated on a worker's earnings record.
The Social Security Administration (SSA) revealed a 2.5% increase in Social Security and Supplemental Security Income (SSI) benefits for 2025.
If passed into law, the Social Security Fairness Act would boost social security benefits to what CNN estimates are nearly three million public sector workers at the federal and local level ...
Next week, when the calendar officially flips to June, Social Security retired-worker benefits will do something that's never been seen in the program's 90-year history. Image source: Getty Images.
The nation's more than 70 million Social Security recipients may want to temper their expectations of how much more they'll be getting in 2025. Retirees are looking at an average monthly bump of ...
Social Security recipients will see an average of $50 more in their monthly checks next year as the government adjusts for inflation.
More inflation data will be needed. Right now, though, the cost-of-living adjustment for 2025 for Social Security benefits could be just average.
Lawmakers could raise Social Security taxes to fight against a revenue shortfall. How those tax increases could play out.
However, adjusting benefits represents just one of the ways America's top retirement program is altered each year. What follows are the seven must-know changes to Social Security in 2025.
Social Security Administration is expected to disclose cost-of-living adjustment for retired workers in mid-October.
In January, the maximum amount of earnings subject to the Social Security tax is set to rise to $176,100 from $168,600, the agency also said. (Reporting by Lindsay Dunsmuir; Editing by Diane Craft) ...