COLAs are intended to maintain the purchasing power of Social Security benefits amidst inflation. The COLA is calculated ...

Nearly 3 million Americans are poised to see bigger Social Security benefit checks. For some, that could trigger bigger tax bills and Medicare premium payments.

Beginning in January 2025, retirees will see a 2.5% increase in their benefits. For the average retired worker, this means an ...

The 2025 payment cycle for Social Security and Supplemental Security Income (SSI) has already begun to be distributed with ...

The Social Security Administration will now begin issuing large back payments to millions of individuals; however, it is ...

Many retirees look forward to Social Security's annual cost-of-living adjustment (COLA), which for 2025 is 2.5%. The COLA ...

It has been my custom for most of the past 27 years to write a year-end column that summarizes the Social Security updates ...

Social Security recipients in the United States will see a significant increase in their monthly benefits due to the Cost of Living Adjustment (COLA). This change is a response to ongoing inflation ...

The updates include a higher cost-of-living adjustment, revisions to the earnings test thresholds, and increases in maximum benefits.