Social Security, COLA
Social Security update: Third round of September payments worth $4,873 go out in three days
The third round of September’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at the maximum age of 70, will go out to the third group of retirees in three days.
Will Social Security Really Run Out of Money in 2035? Here's How It Could Last Decades Longer.
As the headlines say, Social Security's trust funds are expected to run out of money in 2035, based on the intermediate assumptions. If the high-cost assumptions prove accurate, the projected out-of-money date is accelerated to 2032.
Social Security COLA could go up 2.5% in 2025, latest estimate shows
The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates show an average boost.
September Social Security Update: Is It Better to Take Social Security at 62, 67 or 70?
Claiming Social Security benefits at 62 results in reduced payments since you haven't reached full retirement age (FRA), but it may still make sense for some to claim benefits early. After all, whether you take Social Security at 62 vs.
This Is the Average Social Security Benefit for Age 67
Among retired workers, the average benefit amount at age 67 is $1,883.50 per month, according to December 2023 data from the Social Security Administration. Men aged 67 collect an average of $2,093.70 per month, while the average woman receives $1,676.20 per month.
Social Security 2025 COLA Predictions: Here's How Much More Money You Could Get
While the official COLA will be announced next month, experts following inflation trends month to month can make fairly accurate predictions for what the adjustment will look like
Social Security Update: Smaller Increase Predicted for Next Year's COLA
The Senior Citizens League released its new prediction for the cost-of-living adjustment, saying benefits would likely rise just 2.5 percent.
The Social Security COLA Forecast for 2025 Was Just Updated. There's Good News and Bad News.
Social Security's 2025 cost-of-living adjustment (COLA) could be the smallest raise for retired workers in four years.
Social Security COLA increase: How much more might recipients get in 2025?
Ensuring that seniors have enough to feed and house themselves with dignity is a major reason why we advocate for a minimum COLA of 3%,” said Shannon Benton, executive direct
2 Reasons Why 2025's Latest Social Security COLA Estimate Is Good News
Because Social Security COLAs are based on third-quarter inflation data, it's too soon to put out an official number for 2025. That can't happen until Oct. 10. Image source: . Based on inflation readings to date,
Social Security update: October direct payment worth $943 goes out in nine days
October’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries in nine days. ...
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What Happens to Your Social Security Check if the Government Shuts Down in October?
With the federal government set to run out of money at the end of the month, will you get an October Social Security check?
You Can't Control How Social Security Is Calculated, but You Can Do These 3 Things to Boost Your Benefits
It's frustrating, especially for those who aren't able to save as much as they'd like to for retirement on their own. However ...
Social Security Payments: See How a CD Ladder Strategy Can Help Retirees Lock in Rates of up to 5.15%
Current CD rates have begun to decline after the Federal Reserve slashed interest rates. But CDs are are still a great option ...
Do Retired Presidents Receive Social Security?
“Retired U.S. presidents do receive Social Security benefits just like any other American who’s paid into the system during ...
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Does Kansas Tax Social Security Benefits?
Kansas Gov. Laura Kelly signed a measure this summer that eliminates the state’s tax on Social Security income, reduces ...
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Will Social Security Really Run Out of Money in 2035? Here's How It Could Last Decades Longer.
All of the headline estimates about Social Security's future, including the projection that it will run out of money in the trust funds by 2035, are based on the intermediate estimates.