Social Security benefits will arguably lose buying power next year because the 2.5% COLA understates inflation.
Social Security benefits are eligible for an increase in 2025. The average monthly benefit is expected to rise by about $50.
In 2025, premiums for Medicare Part B will grow twice as fast as Social Security benefits — and those premiums are deducted ...
Now, with the year winding down, all Social Security retirees should mark Nov. 20 as another date to remember. Here's why.
Medicare Part B premiums are rising again in 2025. The jump outpaces both Social Security's 2025 COLA and inflation, further squeezing seniors.
Over 72.79 million Americans received some form of Social Security benefit in October, where the average monthly benefit stood at $1,787.08. The Social Security program serves as a crucial source of ...
But unfortunately, next year's COLA won't be quite as substantial. Because of cooling inflation, Social Security benefits are only going to receive a 2.5% raise in 2025. That might seem like bad ...
On November 8, the Centers for Medicare and Medicaid Services announced the Medicare premiums and costs for 2025. Let’s take ...
One thing you can expect from Social Security is that some kind of change will be implemented every year, and 2025 will be no ...
This is my first year on Social Security. Do I have to update any forms to get the COLA ? I think this is a scam, but I thought I should check. Answer : No, you don’t have to update forms to receive ...
and 2023's 8.7% COLA was a record-breaker. Image source: Getty Images. But in 2025, Social Security benefits will be rising by only 2.5% due to cooling inflation. And while that's not a terrible ...