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The Social Security Administration announced last week that the 2023 cost-of-living adjustment (COLA) will be 8.7% — the biggest bump in 41 years. The average benefit for retired workers will ...
You can collect up to 50% of your partner's full benefit amount in spousal benefits, and the average spouse of a retired worker collects just over $900 per month, according to 2024 data from the ...
Image source: Getty Images. Social Security benefits lost buying power in 2025. The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W ...
All current recipients will receive a boost to their monthly benefit thanks to the Social Security cost-of-living adjustment (COLA). ... to the Social Security cost-of-living adjustment (COLA ...
Veterans will also see an increase in their VA disability compensation of 2.5%, thanks to the COLA. This increase also applies to surviving spouses of veterans receiving dependency and indemnity ...
In 2023, retirees and others saw an 8.7% COLA bump for Social Security benefits, as well as Supplemental Security Income benefits. That was the biggest inflation adjustment since 1981 when the ...
The much higher Social Security payments that go into effect in 2023 don't only benefit retired workers -- they also benefit spouses of those workers. The Social Security Administration announced ...
What benefits increase Social Security recipients can expect in 2025 The COLA for 2025 is 2.5%. That figure has good news and could-be-better news attached to it.