As inflation slows and the Federal Reserve (FED) works to stabilize the economy, many Social Security recipients might experience reduced payment increases in the coming years. This article explains the changes retirees should expect and what they need to do to prepare. What is Happening with Social Security COLA? Cost-of-living adjustments (COLA) are designed to … Read more
As we approach 2025, over 70 million Americans who receive Social Security benefits will experience changes to their payment schedule. The Social Security Administration (SSA) has confirmed that there will be shifts in the timing of payments, especially for those enrolled in Supplemental Security Income (SSI). These changes will impact retirees, survivors, people with disabilities, … Read more
Social Security benefits are a crucial part of many retirees’ income, with millions depending on these payments after they stop working. The Social Security Administration (SSA) recently made an announcement about changes to the cost-of-living adjustment (COLA) for 2025. This adjustment is important because it helps Social Security benefits keep up with rising living costs … Read more
In 2025, Social Security benefits in the United States are going to change in important ways. These changes will affect many Americans who depend on Social Security for their retirement income. Knowing about these updates can help people plan better for their financial future. This article breaks down the five biggest changes coming to Social … Read more