A big Social Security shake-up is coming in 2025. Are you …
WEBAug 22, 2024 · Social Security needs to be able to adjust for inflation in several regards. And in 2025, a number of key changes are likely to arrive that could impact retirees and workers alike. Here are...
Social Security bill would give seniors an extra $2,400 a ... - CBS News
WEBJun 16, 2022 · Seniors and other Social Security recipients in the U.S. are being hit hard by inflation, which has outpaced increases in their benefits this year. Now, some lawmakers have a plan to boost Social...
Bipartisan group of lawmakers wants to eliminate Social Security …
WEBSep 12, 2024 · The bill — the Social Security Fairness Act — would repeal two rules that reduce Social Security benefits for workers and spouses, widows and widowers who also receive pension income. On ...
How Social Security may be changing for next year - USA TODAY
WEBJun 16, 2024 · At the start of 2024, Social Security benefits rose 3.2%. Social Security benefits are eligible for an annual cost-of-living adjustment, or COLA, to help seniors maintain their buying power in...
Press Release | Press Office | SSA - The United States Social Security ...
WEBSocial Security Announces 5.9 Percent Benefit Increase for 2022. Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 5.9 percent in 2022, the Social Security Administration announced today. The 5.9 percent cost-of-living adjustment (COLA) will begin with benefits payable to more ...
Social Security | The Latest News on Social Security
WEBSep 3, 2024 · The Social Security COLA Raise. Get ready for the rate increase to Social Security benefits, which will start in January 2025. Rachel Hartman, Tracy Stewart and Susannah Snider Aug. 14,...
Social Security projected to cut benefits in 2035 barring a fix
WEBMay 7, 2024 · Experts underscore that if the trust funds are depleted, benefits won't suddenly disappear. Instead, Social Security beneficiaries will face a cut to their monthly checks, with the agency on...
Press Release | Press Office | SSA - The United States Social Security ...
WEBCOLA. Today, the Social Security Administration announced a large step in a multi-year effort to simplify processes for people who are applying for Supplemental Security Income (SSI) by starting to offer an online, streamlined application for some applicants starting in …
Press Release | Press Office | SSA - The United States Social Security ...
WEBSocial Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3.2 percent in 2024, the Social Security Administration announced today. On average, Social Security retirement benefits will increase by more than $50 per month starting in January.
If Social Security not fixed, retirees face automatic cut in 2033 - NPR
WEBMay 6, 2024 · Congress has less than a decade to fix Social Security before the popular program runs short of cash, threatening a sharp cut in benefits for nearly 60 million retirees and family members,...