The Social Security Fairness Act eliminates a pair of decades-old provisions that limit payments to public sector retirees.
Opponents of the legislation say the move, without any new inlays, will actively speed up the Social Security fund's 2033 projected insolvency date.
President Joe Biden is set to sign into law a measure that boosts Social Security payments for current and former public employees.
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.
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.
Social Security benefits generally increase every year, and that's thanks to the program's annual cost of living adjustment ...
Social Security (retirement and survivors) recipients will now see a 2.5% increase in their next check and throughout the ...
The vast majority of seniors surveyed about Social Security's COLA say the number should be as much as five times higher than ...
One of the most important aspects of Social Security is that recipients are eligible for a cost-of-living adjustment (COLA) ...
The Social Security Administration (SSA) is making important adjustments in 2025 that will impact retirees and people who ...
Millions of Social Security recipients can look forward to a financial boost in 2025, thanks to a significant Cost-of-Living ...