For example, the Social Security Administration (SSA) has already revealed changes to Social Security that are coming next year. Here's the one Social Security change in 2025 that's going to hurt the worst.

Among the changes Social Security recipients will see in 2025 is a higher full retirement age. The number marks the age at which workers become eligible to claim 100 percent of their retirement benefit based on lifetime earnings.

Americans earn Social Security benefits upon reaching retirement age, but some workers face stiff penalties if they work as a public servant.

The FRA has increased by two months annually for several years. It will do so again in 2025. The FRA will be 66 years and eight months for anyone born in 1958 and will be 66 years and 10 months for anyone born in 1959. If you were born in 1960 or afterward, your FRA is 67.

Although Social Security has been around for decades, it's common for some of the program's aspects to change from year to year. For example, seniors on Social Security are eligible for an automatic cost-of-living adjustment,

The Social Security Administration has announced several changes set to go into effect next year to address inflation and the financial stability for more than 70 million recipients. The changes are set to affect those who retire, those who receive disability payments and Veterans Affairs benefits, and others who rely on Social Security benefits.

In addition to Trump becoming the new president-elect, Republicans garnered enough seats to flip the Senate in their favor, as well as maintain a slim majority in the House of Representatives. In other words, Republicans have a unified government for the first time since Donald Trump initially took office in January 2017.

Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing

The Social Security Administration has announced several changes for 2025 that will impact millions of Americans. One of the most significant adjustments is the increase in the maximum amount of taxable earnings for Social Security.

Trump opposes Social Security benefit cuts, raising the full retirement age, and increasing payroll taxes. Some of his proposals could accelerate the timeline for Social Security running out of money.