Social Security, COLA
Could claiming Social Security early increase your lifetime benefit?
Early claiming is applying for Social Security benefits under your full retirement age (FRA). This varies by person, depending on your birth year. For most workers today, the FRA is 67, though some older workers may have an FRA as low as 66.
The Federal Reserve Just Indicated Social Security Could Get a Bigger 2025 Cost-of-Living Adjustment (COLA) Than Expected
The result of the discrepancy between the COLA, based on CPI-W, and rising CPI-E generally means a senior's expenses rise faster than the COLA. And that's been true so far this year as CPI-E has increased more than the CPI-W in each of the first three months of the year.
Social Security increase: New bill could give seniors more money
Social Security recipients could see an increase in their benefits, if a new bill proposed in Congress gets passed and signed into law
Social Security's 2025 COLA Adjustment Is Good and Bad News For Seniors
Inflation continues to run hot in the U.S. economy, driving up the Social Security cost of living adjustment, or COLA. The latest COLA calculation for 2025 suggests an increase of 2.6%, according to The Senior Citizens League,
The Social Security COLA Forecast for 2025 Keeps Getting Bigger. Here's How Much Benefits Could Increase Next Year
The Senior Citizens League keeps raising its forecast for Social Security's 2025 cost-of-living adjustment (COLA).
Newly proposed bill could increase yearly Social Security benefits for seniors
The bill calls for the cost-of-living-adjustment to be determined by a different formula than the one currently used.
Increase in Social Security benefits means seniors could get more money
The increase is due to the rise in the consumer price index, a measurement of the average change over time in the prices paid by urban consumers for a market basket of goods and services, according to the U.S. Bureau of Labor Statistics.
Social Security increase: What’s the smallest cost-of-living adjustment Social Security ever paid?
Based on inflation, the latest projections for Social Security’s 2025 cost-of-living adjustment, or COLA, is in the area of 2.6%, or about $45 per month for the average beneficiary.
Social Security adjustment: Here’s the smallest COLA increase ever paid
STATEN ISLAND, N.Y. -- The latest projections for Social Security’s 2025 cost-of-living adjustment (COLA) is around 2.6%, or about $45 per month, for the average beneficiary based on inflation. The projection puts it in line with the 2.6% average annual increase seen over the past two decades.
Social Security COLA 'Flaw' Explained
Social Security benefits increased by 3.2 percent. In 2023, a historic rise of 8.7 percent was granted to retirees and other benefit claimants due to high inflation follo
Social Security's 2025 COLA May Not Disappoint as Much as Expected. Here's Why.
Next year's initial COLA projections are coming in lower. Since COLAs are pegged to inflation, a smaller boost in 2025 could be indicative of a positive economic trend. Next year's raise may be lower than this year's.
Social security increase: What’s the largest cost-of-living-adjustment Social Security ever paid?
Based on the current rate of inflation, Social Security recipients are on track to receive a cost-of-living adjust increase ...
The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated, and It Comes With Bad News and Worse News for Retirees
Social Security benefits are on track to get a smaller cost-of-living adjustment (COLA) next year, and the pay raise may not ...
Social Security and Medicare finances look grim as overall debt piles up
Dire new budget projections and high-stakes policy deadlines mean lawmakers may be forced to take up the issue — or face the ...
CNET on MSN2d
Received a Social Security Overpayment? Here's What You Need to Know
Have you recently received more Social Security money than you typically get each month? If so, you may not have to pay that extra money back, due to some new rules the Social Security Administration ...
Dave Ramsey's Social Security plan is risky and unrealistic for most retirees. Here's why.
Dave Ramsey says you can take Social Security at 62 if you invest all of it. But most people can't do this, and many who can ...