social security cola news

Social Security Benefits Get a COLA in 2025

Social Security Benefits Will Get a 2.5% Cost-of-Living Adjustment (COLA) in 2025. Here's Why Many Retirees Won't Keep Their Entire Raise.

If it weren't for Social Security, millions of older Americans would no doubt struggle to keep up with their ongoing expenses. That's what makes Social Security's cost-of-living adjustments (COLAs) so important.

USA Today · 2d

All Social Security retirees should do this by Nov. 20

Now, with the year winding down, all Social Security retirees should mark Nov. 20 as another date to remember. Here's why.

IBTimes UK · 5h

Social Security Retirees Expecting 2025 COLA Increase Should Do This By November 20

A free my Social Security Account will allow recipients to view the latest COLA notices detailing the exact amount they will receive starting next year.

The Motley Fool on MSN · 2d

Social Security Benefits Get a COLA in 2025, but It Comes With Bad News for Retirees

Social Security benefits will arguably lose buying power next year because the 2.5% COLA understates inflation.

USA TODAY on MSN · 1d

2025 Medicare Part B premium increase outpaces both Social Security COLA and inflation

Medicare Part B premiums are rising again in 2025. The jump outpaces both Social Security's 2025 COLA and inflation, further squeezing seniors.

U.S. News & World Report · 28d

Social Security COLA 2025: What to Do With the Extra Money

A Social Security cost of living increase offers retirees options such as managing costs, saving or enjoying small splurges.

The Motley Fool on MSN · 2d

What Is a Social Security COLA and How Can It Affect Your Retirement Plan in 2025?

The most direct and obvious effect of the new COLA is the increase in monthly benefits. If your monthly Social Security benefit is $1,000 this year, it will be $1,025 starting in January 2025. If it's $2,000 now, it'll be $2,050.

Yahoo · 1d

Kokua Line: Does Social Security ask for COLA update?

This is my first year on Social Security. Do I have to update any forms to get the COLA ? I think this is a scam, but I thought I should check. Answer : No, you don’t have to update forms to receive the annual cost-of-living adjustment ;

AL.com on MSN · 1d

Social Security changes: Some will get 2 November payments; COLA increase may start in December

Some Social Security recipients will see different payment schedules due to changes in the calendar for the remainder of the year. In November, traditional Social Security payments will be sent on regular dates: people born on 1-10th will receive benefits on the second Wednesday (Nov.

AOL · 2d

4 Things All Retirees Need to Know About Social Security COLAs

Still, the recent news raises a handful of questions among the retirees it impacts the most. Here are a few things you might want to know about these annual cost-of-living adjustments. The annual COLA isn't a number arbitrarily decided by the Social Security Administration.

Yahoo20h

Medicare premiums quickly outpace Social Security COLA

That's because in 2025, Medicare Part B premiums will rise more than twice as fast as Social Security's cost-of-living ...

as.com5h

Goodbye to Social Security notices if you don't do this: retirees who must do this for their checks by Nov. 20

The Social Security Administration announced the 2025 cost-of-living adjustment (COLA) increase in October. Beneficiaries will see their payment amount boosted by 2.5% next year to avoid ...

1don MSN

Social Security recipients get a raise soon. Scammers are on notice.

The agency is warning recipients of potential scam calls demanding personal data or even gift cards.

Yahoo Finance2d

3 Social Security COLA Dates To Know for 2025

Up Next: Social Security Announced a COLA Increase for 2025 — 5 Things Retirees Should Be Aware Of Dec. 31, 2024 This is the date when the 2025 COLA will be reflected in payments to the nearly ...