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Technically, the Social Security Administration first applied the 2.5% cost-of-living adjustment (COLA) to the December 2024 benefit. 5 2025 Social Security Rules That Take Effect Today Skip to ...
The Social Security Fairness Act (SSFA), which was recently signed into law by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from public...
Under the new law, dubbed the Social Security Fairness Act, lawmakers agreed to repeal two tax rules that reduced benefits for many Americans who also receive government pensions, including police ...
The rules were intended to prevent Social Security from overpaying people who worked in non-covered pension jobs, experts told USA TODAY. Public sector workers have been fiercely advocating for ...
The most notable change to Social Security benefits in 2025 should be good news. All current recipients will receive a boost to their monthly benefit thanks to the Social Security cost-of-living ...
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. This is under the 3.2% increase retirees saw last year. This is under the 3.2% increase ...
The Government Pension Offset reduces spousal Social Security benefits by two-thirds of a worker's government pension. Reps. Garret Graves, R-Louisiana, and Abigail Spanberger, D-Virginia, were ...
3. Maximum Social Security benefit also set to increase. The maximum Social Security benefit for a worker retiring at full retirement age will increase from $3,822 in 2024 to $4,018 in 2025. This ...