The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.

Income fell by 0.4% in May after climbing 0.8% in April, but it was a change in Social Security payouts that drove that ...

Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?

Social Security payments are paid out to beneficiaries at different times of the month depending ... The 2.5% COLA is the smallest since 2021 as inflation has eased in recent years after it ...

President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal ...

Her focus is reporting on Social Security, other government benefits and personal finance. ... "Despite it being the lowest COLA since 2021, a 2.5 percent COLA would be considered about ...

Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021. Latest ...

Social Security retirement benefits, on average, will increase by roughly $50 per month starting in January, ... (COLA) for 2025 will be 2.5%, the lowest since 2021.