Recently, the Federal Reserve has sounded the alarm regarding Social Security payments, as they could change as we know them.
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It has been my custom for most of the past 27 years to write a year-end column that summarizes the Social Security updates scheduled to take place the following year.
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After 2024's increase of 3.2%, Social Security recipients will get a more modest cost-of-living adjustment (COLA) in 2025: 2.5%. Why 2.5%? The COLA is tied to the inflation rate, says the Social ...
Retirees can expect to see some big changes in 2025 when it comes to their Social Security and Medicare benefits.
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We're officially in 2025, so expect your next Social Security check to reflect the COLA increase.